Pascal Siakam Reportedly Agrees to 4-Year Max Extension With Raptors
By Parker White
The Toronto Raptors aren't wasting any time locking up their future, as they've agreed to a four-year max extension with forward Pascal Siakam, according to ESPN's Adrian Wojnarowski and Zach Lowe.
Toronto Raptors forward Pascal Siakam has agreed to a four-year, max contract extension, agents @TRamasar and @choufani_lsme tells Zach Lowe and me.
— Adrian Wojnarowski (@wojespn) October 19, 2019
The exact dollar figures year over year haven't been released, but if the NBA's salary cap is $116 million in 2020-21, here's how the contract is likely to play out between now and 2024:
Here is the Pascal Siakam max extension based on a $116M cap in 2020-21:
— Bobby Marks (@BobbyMarks42) October 19, 2019
20/21- $29M
21/22- $31.32M
22/23- $33.64M
23/24- $35.96M
Total of $129.9M
Siakam's total deal would come out to $129.9 million, making the average amount he receives per year right at $32.475 million.
The Raptors had until October 21 deadline to agree to a new deal with Siakam. If they didn't, he'd be headed for restricted free agency next summer. After a breakout season last year, Toronto couldn't kick the can down the road; they needed to come to some sort of agreement before this year started.
BREAKING: Raptors reportedly agree to four-year max contract extension with Pascal Siakam.https://t.co/MaIKJ2biJ7
— Sportsnet (@Sportsnet) October 19, 2019
Siakam won the NBA's Most Improved Player Award in 2018-19, as he averaged 16.9 points, 6.9 rebounds and 3.1 assists on 54.9% from the field and 36.9% from behind the arc in the Raptors' run for the NBA title.
Now, he's here to stay.