Published: Mon, July 03, 2017
Finance | By Laverne Griffith

Serge Ibaka sticking with Raptors, agrees to three-year, $65 million deal

Serge Ibaka sticking with Raptors, agrees to three-year, $65 million deal

Ibaka's contract suggests the Raptors could also be nearing an agreement to retain free-agent point guard Kyle Lowry, as USA Today's Jeff Zillgitt indicated late Saturday night.

The athletic big man's deal, which can't be finalized until the NBA's moratorium on free agent signings is lifted on Thursday, is reportedly worth US$65 million.

Ibaka averaged 14.2 points, 6.8 rebounds and 1.4 blocks over 31 minutes in 23 games as a starter after Toronto traded Terrence Ross and a first-round pick for the 27-year-old floor-spacing rim protector at the deadline.

"I was born in the capital of the Republic of Congo, Brazzaville".

As for his salary, the $21 to $23 million he will receive ($20M in year one, $21M in year two and $23M in year three, according to Spotrac.com) is right around what he's worth based on the current National Basketball Association landscape.

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There are also rumours of Toronto discussing a trade with IN that would see Cory Joseph head to the Pacers IN order to free up cap space. This can allow Toronto to clear out a ton of salary then to reset if they want. It's a minor detail on the surface, but for a cap-strapped team like the Raptors it matters greatly.

Why is that? According to an appearance that ESPN's Zach Lowe did on Bleacher Report's "The Full 48" podcast, teams are concerned about Ibaka's listed age. The Raptors are 2-8 against the Cavs in the playoffs the last two seasons.

So Toronto's star-powered backcourt is now set for at least the next three years, after shooting guard DeMar DeRozan got a five-year deal worth $139 million last summer.

Per Michael Grange of Sportsnet, the Raptors are "confident" they will re-sign both Lowry and Serge Ibaka this offseason.

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