PHILADELPHIA — A few hours before they beat the Philadelphia 76ers 106-103 on Tuesday, the Toronto Raptors agreed to terms with Brandon Ingram on a three-year, $120 million extension, a team source confirmed to The Athletic. Ingram was poised to become a free agent in the offseason.

Per ESPN’s Shams Charania, the Raptors and newly acquired forward Brandon Ingram have agreed to a three-year, $120 million extension. The Raptors picked up Ingram via a trade last week with New Orleans that saw the Pelicans get Bruce Brown, Kelly Olynyk and two future Draft picks.

Brandon Ingram has a $120 million extension from the Raptors before ever playing a game for Toronto. The recently acquired forward agreed to the deal Tuesday, less than a week after the Raptors got him from the New Orleans Pelicans.