Toronto Raptors agree to two-year, $26.25 million contract extension of another fantastic star

Kelly Olynyk, born in Toronto, is living at home.

The Raptors announced that they had reached an agreement to keep Olynyk, who was acquired at the trade deadline, with the organization and prevent him from becoming a free agent this summer. According to Adrian Wojnarowski of ESPN, the deal is for two years and $26.25 million (the maximum the Raptors could give).
“We’ve been a fan of Kelly’s game for a long time and are thrilled he will continue his career in Toronto,” Raptors General Manager Bobby Webster said in a statement. “In addition to his unique skill set and ability to stretch the floor, Kelly is a leader and brings a veteran voice to our locker room.”

In nine games off the bench for the Raptors, Olynyk has averaged 9.6 points and 4.2 rebounds. Olynyk is a natural fit, spacing the floor and pulling huge shots out of the paint to free up driving lanes for Scottie Barnes and Pascal Siakam.

Report: Raptors reach 2-year, $26.25 million contract extension with Kelly  Olynyk - Yahoo Sports
The Raptors have Olynyk under contract, but they still have a number of other decisions to make this summer, beginning with the offer to sign restricted free agent Immanuel Quickley. Then there’s the decision of whether to pick up Bruce Brown’s team option. Masai Ujiri and the front office can create a lot of cap room and further tweak the roster, or bring much of this group back.

See how they look when they’re healthy and have a complete season.
It’s going to be an exciting offseason north of the border, and one thing is certain: Olynyk will return.

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