Ibaka's previous contract signed in 2013 was a four-year deal worth only $49 million. If this is also a sign that Lowry is staying (there are rumors of his own three-year deal), Toronto can definitely be happy. The 31-year-old point guard fell off a cliff this past postseason, but he remains an elite fantasy option when healthy. Last season he averaged 21.6 points, 6.7 assists, 4.6 rebounds, and 1.4 steals per game. Once the Wolves agreed on Jeff Teague, the Raptors became the heavy favorite to bring back their All-Star guard. Plus, the market hasn't exactly unfolded in Lowry's favour and a return to the Raptors seems inevitable at this point. Lowry wrote. "And like I said - to me, that was an easy decision". An average of $21.66 million per year is a heck of a lot of money for a big man who doesn't move with almost the same explosiveness that he used to, neither possessing the same degree of shot-blocking tenacity or rebounding that he did during his earlier years in Oklahoma City.
Ibaka is one of only 13 players in National Basketball Association history to make 100 3-pointers and record 100 blocks in the same season; he did it last season, along with Karl-Anthony Towns, Kristaps Porzingis and Brook Lopez.More news: Barcelona star Messi weds childhood sweetheart
If you want to try to read between the leaves a bit here with this deal, it likely means Kyle Lowry is close to re-signing, too.
"It was up to me to decide whether this thing we have - is it worth sticking around for, and running it back again, and seeing if we can take that next step?"More news: Man Utd To Announce Signing Of £70m Chelsea Target This Week
This is huge news for the Toronto Raptors, as the team could not afford to lose Lowry to free agency.More news: Pakistan, China, Afghanistan agree on seven points