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Raptors Sign Jakob Poeltl To $104 Million Extension

Originally posted on Hoops Wire | By Ashish Mathur | Last updated Jul 1, 2025 2:47 PM ET

Toronto Raptors center Jakob Poeltl has agreed to a four-year, $104 million contract extension with the franchise through 2029-30.

Poeltl will pick up his 2026-27 player option worth $19.5 million and add three additional years to his deal.

The Raptors and Poeltl’s agents, Michael Tellem and Sam Goldfeder of Excel Sports, discussed several frameworks of a deal such as opt-out-and-extend — but the sides land on an opt-in-and-extend, giving Toronto flexibility in the next two seasons. https://t.co/ouSOFedDYS

— Shams Charania (@ShamsCharania) July 1, 2025

Poeltl played in 57 games for the Raptors last season. He averaged 14.5 points, 9.6 rebounds and 2.8 assists while shooting 62.7% from the field and 67.4% from the free-throw line.

The 29-year-old Poeltl has career averages of 8.9 points, 7.0 rebounds and 1.8 assists in 595 games with the Raptors and San Antonio Spurs.

This article first appeared on Hoops Wire and was syndicated with permission.

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