As as been reported, Pascal Siakam is set to sign a $130 million maximum salary extension to stay in Toronto for the next four years, a contract that starts after this coming season. On paper, that means Siakam and the Raptors will be together until the summer of 2024.
Plenty will be written about how the Raptors punted on cap room in 2020 to sign him now, rather than wait for next summer. Waiting would let them keep his small cap hold on the books and try to use the extra cap space, before using his Bird Rights to sign him and exceed the cap.