RAPTORS TRADE: Raptors sign Toronto native Olynyk to…

 Raptors sign Toronto native Olynyk to multi-year contract.

Kelly Olynyk has signed a contract extension with the Toronto Raptors, and according to ESPN’s Adrian Wojnarowski, the two-year deal is worth $26.5 million. The Raptors landed Olynyk at the trade deadline in a deal that included Ochai Agbaji and a first-round pick going to the Utah Jazz. Olynyk, who was born in Toronto and plays for the Canadian National Team, has averaged 9.6 points per game since joining the Raptors in February.

“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.

Olynyk’s extension is an interesting curveball for a Toronto front office that rarely makes the expected move. The Raptors spent most of the season trading away veterans like Pascal Siakam and OG Anunoby, and in the process, they positioned themselves to create over $40 million in cap space this offseason if they wanted to.

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