By Anthony Caruso III | Publisher
The Toronto Raptors re-signed rising star Pascal Siakam on Saturday. He has agreed to a four-year, $130 million deal.
Siakam has a bright future with the team. He is considered to be a key piece to the team’s future for years to come.
He helped the Raptors win their first NBA Championship in June. Toronto defeated the Golden State Warriors in six games.
According to ESPN, Siakam is the third 2016 NBA Draft member to receive a maximum deal. Philadelphia 76ers guard Ben Simmons and Denver Nuggets guard Jamal Murray previously agreed to deals.
The Raptors had until Monday at 6 pm to agree to an extension. That’s when the deadline expires for 2016 draft class extensions.
His rookie deal was set to expire at the end of the 2019-20 season. Now, with his extension, he will be part of the franchise at least through the 2023-24 season.
The extension begins with a $29 million season during the 2020-21 season. It then increases to $31.3 million for the 2021-22 season.
The Raptors will pay him $33.6 million for the 2022-23 season. The contract ends with a $35.9 million deal for the 2023-24 season.
The 25-year-old Douala, Cameroon native was the 27th overall pick in the 2016 NBA Draft. He has spent the last three seasons with Raptors.
Siakam appeared in 80 games, including 79 starts during the 2018-19 season. He averaged 16.9 points, 6.9 rebounds, 3.1 assists, 0.9 steals, and 0.7 blocks in 31.9 minutes per game.