The New Orleans Pelicans have agreed to a five-year, $158-million max contract with forward Brandon Ingram, according to ESPN's Adrian Wojnarowski.
Ingram, 23, reportedly turned down a "more modest" extension when he joined the Pelicans last June in the trade that sent Anthony Davis to the Los Angeles Lakers, per Wojnarowski, betting he'd be able to earn a bigger contract in 2019-20.
The Kinston, N.C., native then averaged 23.8 points, 6.1 rebounds and 4.2 assists in his first year in the Big Easy – all career highs – as he started all 62 regular-season games for the Pelicans and got an all-star nod.
The second-overall pick behind Ben Simmons in the 2016 NBA Draft, Ingram played three seasons in Los Angeles before being dealt in the Davis blockbuster.