The Pelicans signed forward Brandon Ingram to a five-year, $158 million extension on Tuesday, according to ESPN's Adrian Wojnarowski.
Ingram is now signed with the Pelicans through 2024–25. He can earn up to $195 million in the deal, per Wojnarowski.
The Duke product thrived with New Orleans in 2019–20 after being traded from the Lakers. Ingram averaged 23.8 points per game in his first season with the Pelicans and earned his first career All-Star appearance.
Ingram is the latest young player to sign a major extension ahead of 2020–21. Jazz guard Donovan Mitchell agreed to a $195 million extension on Monday, and Bam Adebayo signed his own max extension on Tuesday.
New Orleans finished 13th in the Western Conference in 2019-20 at 30–42. Rookie Zion Williamson averaged 22.5 points per game in 24 contests.