Gary Trent Jr., Raptors agree to three-year, $54M deal

The Raptors have reached a contract agreement with restricted free agent Gary Trent Jr. and will re-sign the swingman to a three-year, $54M deal, agent Rich Paul tells ESPN’s Adrian Wojnarowski (Twitter link). The contract will include a third-year player option, Wojnarowski adds.

Trent, 22, spent his first two-and-a-half NBA seasons in Portland before being sent to Toronto in a deadline deal involving Norman Powell. Trent averaged a career-best 15.3 PPG on .408/.385/.783 shooting in 58 total games (31.1 MPG) for the Blazers and Raptors in 2020/21 ahead of his first foray into free agency.

Trent decided to play out last season without an extension despite the fact that Portland was believed to be willing to give him a four-year, $54M deal, the maximum the team could’ve offered before he reached free agency.

That decision paid off for the young wing, who will now make that same amount over three seasons if he opts into his final year. If he opts out in 2023, he’ll hit unrestricted free agency as a 24-year-old and will likely be in position to cash in again.