Raptors, Pascal Siakam agree to multi-year extension: reports

The 25-year-old had a breakout season last year en route to helping the Raptors win its first NBA championship.

Pascal Siakam   -  (Getty Images)

Toronto has locked up one of its key young players for the foreseeable future.

ESPN reported Saturday that the Raptors and Pascal Siakam have agreed to a four-year, $130 million extension.

In 2018, Siakam had a breakout season for Toronto, helping the Raptors secure its first championship in franchise history. He was named the NBA's Most Improved Player for his efforts last season as well.

Drafted by Toronto with the 27th pick in the 2016 NBA Draft, the New Mexico State product spent most of his rookie season down in the G League where he won Finals MVP and the G League championship with Raptors 905.

Siakam, 25, averaged 16.9 points, 6.9 rebounds and 3.1 assists per game last season for the Raptors.