Kelly Olynyk Secures Two-Year Extension with Toronto Raptors

The strategic move provides the Raptors with cap flexibility and strengthens their frontcourt.

Kelly Olynyk has signed a two-year, $26.25 million contract extension with the Toronto Raptors, keeping him in Toronto until the summer of 2026.
The extension is seen as a strategic move for the Raptors, providing cap flexibility and making Olynyk trade-eligible this summer.
Olynyk's Canadian heritage and long-standing desire to play for the Raptors were key factors in his decision to extend his contract early.
The Raptors acquired Olynyk and Ochai Agbaji from the Utah Jazz in February, sending a package that included a 2024 first-round draft pick.
Olynyk's presence is expected to bolster the Raptors' frontcourt, complementing the team's core players and contributing to their offensive strategy.