NEW ORLEANS — Restricted free agent Brandon Ingram has agreed to a five-year, $158 million contract with the New Orleans Pelicans, said a person familiar with the situation.

The person spoke to the Associated Press Tuesday on condition of anonymity because the contract has not been ann

Ingram is the NBA’s reigning most improved player after averaging a team-high 23.8 points in his first season with the Pelicans.

The 23-year-old Ingram, a 2016 second overall draft choice by the Los Angeles Lakers, was dealt to New Orleans during the 2019 offseason as part of a blockbuster trade that sent perennial All-Star Anthony Davis to the Lakers. New Orleans also received guards Lonzo Ball and Josh Hart, as well as multiple draft picks in that deal.