Jakob Poeltl will officially be back next season.
The Toronto Raptors have made Poeltl’s contract extension official. The deal will keep Poeltl in Toronto through the 2029–30 season.
Poeltl will opt into his $19.5 million player option for the 2026–27 season. Then three more years will be added to his deal. The extension is reportedly worth $84.5 million over those three seasons, which is set to begin in 2027–28.
Per Jake Fischer of The Stein Line, Poeltl is expected to earn around $26.1 million, $28.2 million and $30.3 million annually. The final year of his deal will be partially guaranteed for $5 million.
“Jakob [Poeltl] has developed into one of the league’s top two-way centres and signing him to an extension was a top priority this off season. As valuable as he is on the floor, we also really appreciate his leadership and experience off-court,” Raptors General Manager Bobby Webster said via TSN’s Josh Lewenberg. “Jak shares our goals – he wants to win as much as we do, and we’re thrilled he’ll be a Raptor for seasons to come.”
Poeltl is coming off a solid year with Toronto. He averaged career highs of 14.5 points and 9.6 rebounds in 57 games last season. He shot it 62.7 percent from the field.
“Toronto has always felt like home for me – I want to be a Raptor for life. Thanks to Bobby [Webster] and team ownership for believing in me, and to the fans for their amazing support,” Poeltl said via Lewenberg. “We have a young core that’s full of potential and I believe we’re ready to take the next step. I can’t wait to get together back on the Scotiabank Arena court.”
Poeltl will be a key piece to the Raptors success moving forward with his stabilizing presence in the frontcourt.
Masai Ujiri shares heartfelt message to Raptors fans in final goodbye
Masai Ujiri has officially said goodbye to the Toronto Raptors and its fans.
The former Raptors president shared a personal video through the Giants of Africa YouTube Channel.
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