5:18pm: The signing is official, the team announced in a press release.
Ellenson, who was in camp with Toronto in December, had been playing for the Raptors 905 in the G League bubble for the last month. Toronto’s NBAGL affiliate was eliminated from the postseason on Tuesday night, and it appears the Raptors are wasting no time in calling up the 24-year-old to the NBA club.
The 18th overall pick in 2016, Ellenson has appeared in a total of 81 NBA regular season contests for the Pistons, Knicks, and Nets, averaging just 4.0 PPG and 2.4 RPG in 9.2 minutes per game.
He has played a more regular role in the G League across 74 career NBAGL games. This season, he recorded 21.2 PPG and 8.1 RPG on .493/.427/.882 shooting in 15 games (30.6 MPG) as a key contributor for a Raptors 905 squad that earned the No. 1 seed heading into the single-elimination playoffs. The team was knocked out in the semifinals.
Ellenson, who received a $50K partial guarantee on his initial preseason deal with the Raptors, will earn approximately $119K on his new 10-day deal, with Toronto taking on a $111K cap hit, per ESPN’s Bobby Marks (Twitter link). He’ll fill the roster spot that was vacated when Donta Hall‘s 10-day deal with the club expired over the weekend.