Free agent forward Serge Ibaka agreed to a three-year, $65 million contract to stay with the Toronto Raptors, according to reports Sunday.
ESPN first reported that Ibaka will return to the Raptors and the Toronto Star later confirmed the news.
Ibaka, who was acquired from the Orlando Magic in a trade for Terrence Ross and a first-round pick, averaged 14.2 points and 6.8 rebounds in 23 games after the All-Star break deal.
Ibaka, 27, helped the Raptors eliminate the Milwaukee Bucks in the first round of the playoffs, averaging 12.8 points, 8.3 rebounds and 2.3 blocks per game in the series, but his rebounding production dropped to just 3.8 per game during the Cleveland Cavaliers' sweep of Toronto in the second round.
In 56 games with Orlando last season, the 6-foot-10, 235-pound Ibaka averaged 15.1 points and 6.8 rebounds.