Raptors and Kelly Olynyk Agree on Contract Extension

Toronto Raptors center Kelly Olynyk has signed a two-year, $26.25 million contract extension.


Raptors Sign Kelly Olynyk to Contract Extension

Toronto Raptors center Kelly Olynyk has agreed to a new contract extension worth $26.25 million over two years, according to agent Jeff Schwartz of Excel Sports. The deal will keep Olynyk with the Raptors until the 2025-2026 season. He will be eligible for five percent annual raises as per the terms of the agreement.

Olynyk, a Canadian native, joined the Raptors in a trade deadline deal with the Utah Jazz in February. The team targeted Olynyk as a support player for Jakob Poeltl in the frontcourt and made the trade with the intention of signing him to a contract extension.

This season, Olynyk has been averaging nine points and a career-best 4.2 assists per game with a shooting percentage of 54%. He has been particularly efficient from the field, shooting 39% on three-pointers and 60% on two-pointers. These impressive stats have made Olynyk one of only six players in the league to achieve such shooting percentages.

Career Path for Kelly Olynyk

Kelly Olynyk started his career with the Boston Celtics and played there for three-plus seasons before moving on to the Miami Heat, Houston Rockets, Detroit Pistons, and finally the Utah Jazz. His versatility and skill set have made him a sought-after player in the NBA, culminating in his current contract extension with the Toronto Raptors.

At 32 years old, Olynyk brings a wealth of experience to the Raptors. His ability to contribute on both ends of the court, along with his playmaking skills, will be a valuable asset for the team as they strive for success and make a push in the competitive NBA.

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