Ingram averaged a career-high 23.8 points per game in 2019-20.
The Pelicans signed forward Brandon Ingram to a five-year, $158 million extension on Tuesday, according to ESPN's Adrian Wojnarowski.
Ingram is now signed with the Pelicans through 2024-25. He can earn up to $195 million in the deal, per Wojnarowski.
The Duke product thrived with New Orleans in 2019-20 after being traded from the Lakers. Ingram averaged 23.8 points per game in his first season with the Pelicans and earned his first career All-Star appearance.
Ingram is the latest young player to sign a major extension ahead of 2020-21. Jazz guard Donovan Mitchell agreed to a $195 million extension on Monday, and Bam Adebayo signed his own max extension on Tuesday.
New Orleans finished 13th in the Western Conference in 2019-20 at 30–42. Rookie Zion Williamson averaged 22.5 points per game in 24 contests.