NEW YORK — Pascal Siakam is staying with the NBA champion Toronto Raptors, officially signing a four-year contract extension reported to be worth $130 million.

"Pascal has been relentless in everything he has achieved," Raptors general manager Bobby Webster said. "He has embraced our development philosophies from Day One, he's one of us and a unique talent. He has improved himself every season without cutting any corners. He is a testament to hard work paying off and we're thrilled that he will continue his career here in Toronto."

The fourth-year forward posted career-high averages for points (16.9), rebounds (6.9) and assists (3.1) last season and is viewed as the focal point of a team searching to rebuild its identity on the fly after Kawhi Leonard helped the franchise win the title last season.

Siakam reportedly will earn $29 million in 2020-21, $31.32 million in 2021-22, $33.64 million in 2022-23 and $35.96 million in 2023-24.

Siakam is due to make a base salary of $2.35 million in 2019-20, according to Spotrac.

Siakam, 25, was named the league's Most Improved Player last season.

The 2016 first-round draft pick (27th overall) averaged 19.0 points, 7.1 boards and 2.8 assists in 24 postseason starts.

Entering his fourth season, the Cameroon native has career averages of 10.1 points, 5.1 rebounds and 2.0 assists in 216 games (122 starts). — Reuters