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Home > Blog > Rumors > Raptors Rumors: Kelly Olynyk Expected To Sign Contract Extension With Toronto
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Raptors Rumors: Kelly Olynyk Expected To Sign Contract Extension With Toronto

Luca Rosano
Luca Rosano Published February 16, 2024
3 Min Read
Kelly Olynyk
John E. Sokolowski/USA TODAY Sports
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The Toronto Raptors brought in Kelly Olynyk at the NBA Trade Deadline.

Toronto acquired the Canadian center and Ochai Agbaji from the Utah Jazz in return for Kira Lewis Jr., Otto Porter Jr., and a 2024 first-round pick.

Olynyk is 32-years-old and is an unrestricted free agent this summer, but the Raptors reportedly did not trade for him as a rental.

According to The Toronto Star’s Doug Smith, the Raptors plan on keeping Olynyk after this season:

“You can expect an announcement shortly — ‘maybe in the next couple of weeks,’ one team official said this week — on a contract extension for the Scarborough-born Olynyk, obtained from Utah a week ago. Whether it’s a straight two-year deal or two years plus an option, the Raptors want to lock up the 32-year-old as quickly as they can.”

Olynyk’s current deal is for just over $12 million a year.

Smith says that the Raptors see Olynyk as a great fit on the team and someone who will resonate in a locker room full of young players.

The veteran has already stated that he wants to stay in Toronto during his introductory media session:

“Yeah, I would love to. I’d love to be here for the rest of my career, hopefully that plays out.”

The Raptors are in a rebuild but having a presence like Olynyk will be valuable. Not only can he serve as a veteran leader for the team but he can also be a good mentor for some of the younger players on the roster.

Olynyk’s time with the Raptors

Olynyk has played in three games for the Raptors so far. He finished with 17 points, 3 blocks and 3 steals against the Cleveland Cavaliers on Feb. 10.

Olynyk left the Raptors most recent game against the Indiana Pacers with lower-back strain but he will have extended time to heal up as Toronto won’t play its next game until Feb. 22 against the Brooklyn Nets.

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TAGGED: Kelly Olynyk, Toronto Raptors
Luca Rosano February 16, 2024 February 16, 2024
By Luca Rosano
Luca Rosano is a proud graduate from the University of Guelph-Humber with a Bachelor of Applied Arts and Diploma in Journalism Print/Broadcast. Luca is currently the lead reporter and managing editor for RaptorsNation.com. He is also an independent content creator on YouTube and TikTok. Luca is a longtime NBA and Toronto Raptors fan who started watching basketball when he was 7 years old, in 2000, when Vince Carter put on a show at the Slam Dunk Contest. Outside of the NBA, Luca enjoys watching the NFL and WWE.

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