Toronto Raptors All-Star guard Scottie Barnes intends to sign a five-year max extension that could be worth up to $270 million, sources told ESPN on Monday.
Barnes’ agent, WME’s Bill Duffy, met with Toronto executives Masai Ujiri and Bobby Webster on Sunday, and the two sides intend to have a signed agreement when the league’s suspension ends on July 6, sources said.
The deal — the richest in Raptors history — guarantees Barnes $225 million and will escalate to the cap if he joins an NBA or All-Defense team or earns Most Valuable Player honors. The deal is a statement that Barnes is truly a franchise player and a young star that the organization plans to build its future around.
Barnes, who turns 23 in August, made his first All-Star appearance last season and averaged 19.9 points, 8.2 rebounds, 6.1 assists, 1.3 steals and 1.5 blocks. Barnes and two-time Milwaukee Bucks MVP Giannis Antetokounmpo are the only two players in the NBA to average at least one player per game in all five of those statistical categories, according to ESPN Stats & Information research.
Barnes became the first Raptors player to record 1,000 points, 75 steals and 75 blocks in a single season since Chris Bosh in 2004-05. He also led Toronto in total points, rebounds, assists and blocks this season — despite missing the last 22 games with a broken hand.
Barnes was the 2022 NBA Rookie of the Year after being taken fourth overall in the 2021 draft.
ESPN’s Tim Bontemps contributed to this report.
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