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.

New Toronto Raptors star Brandon Ingram has agreed to a three-year, $120 million contract extension with the franchise, including a player option in 2027-28, agents Shy Saee, Mike George and CEO Rich Paul of Klutch Sports told ESPN.

After playing some of their best basketball during the Darko Rajakovic era, and collecting a bunch of wins, the Toronto Raptors have come crashing back down to earth, losing four in a row. The Philadelphia 76ers, who will host the Raptors at Wells Fargo Center, are riding a three-game losing streak of their own.