Toronto Raptors Re-Sign Pascal Siakam to a Long-Term Contract
Four-Year, $136.9 Million Deal Secures Raptors' Star Forward
Details of Siakam's New Contract and Salary Cap Impact
The Toronto Raptors have announced the re-signing of forward Pascal Siakam to a four-year, $136.9 million contract extension. The deal, which includes the 2023-24 season, will keep Siakam with the Raptors through the 2026-27 campaign.
Here are the key details of Siakam's new contract:
- Total Value: $136,905,216
- Years: 4
- Annual Salary: $34,226,304
- Cap Hit for 2021-22: $35,448,672
- Cap Hit for 2022-23: $36,501,206
Siakam's new contract is a significant investment by the Raptors, who have identified him as a key part of their long-term plans. The 27-year-old forward has emerged as a key player for Toronto, averaging 21.4 points, 8.5 rebounds, and 4.5 assists per game in the 2020-21 season.
Siakam's re-signing is a boost for the Raptors, who are looking to build a contending team around him. With Siakam locked up for the next four years, the Raptors can now focus on adding complementary pieces to their roster.
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