JULY 6: The Raptors have officially re-signed Poeltl, the team announced today in a press release.
“Jakob brought an immediate presence on the floor when he returned to us last season. He’s a smart, hard-nosed rim protector,” Raptors president Masai Ujiri said in a statement. “We have been strong believers in Jakob as a player and as an individual since day one, and we are thrilled that he will be a Raptor for years to come.”
The contract is worth $80MM and includes a player option in the fourth year.
Toronto was intent on retaining Poeltl after re-acquiring him from the Spurs last season. Poeltl, who played his first two seasons with Toronto before a 4 1/2-year stint with San Antonio, averaged 13.1 points, 9.1 rebounds, 2.2 assists, 1.3 blocks and 1.2 steals in 26 games with the Raptors last season.
Poeltl stabilized a position that had been in flux for several seasons. The Rockets and Spurs were reported to have interest in Poeltl, 27, but he obviously felt comfortable staying with the Raptors in the prime of his career.