Jamal Shead agreed to a three-year, $24 million contract extension with the Raptors, reports ESPN’s Shams Charania.
The deal runs through the 2029-30 season. A second-round pick two years ago, Shead appeared in all 82 games last year and averaged 5.4 assists off the bench. With the Raptors facing a salary cap crunch in future years, locking in Shead below the mid-level is a bet on continued growth from the 24-year-old guard.