According to Sam Amick of USA Today, the contract is reportedly worth $52 million over four years.
While Ingles turned heads during the 2016-17 campaign with a career-best effort, he expressed his desire to stay put.
"Everyone knows that I want to come back," he said in May, per Aaron Falk of the Salt Lake Tribune. "I couldn't think of a better place to come back. Hopefully it all works out and it's a nice, quick process."
Utah clearly felt the same way by agreeing to a long-term deal with the forward.
He was durable once again in 2016-17, appearing in a full 82-game schedule after playing in 79 contests as a rookie and 81 in 2015-16. He also demonstrated steady improvement and tallied career highs in points (7.1), rebounds (3.2), assists (2.7) and steals per game (1.2) with an efficient 45.2 percent shooting clip from the field.
Westbrook's Road to 100 Triple-Doubles
The NBA Is a Mess in the Best Way Possible
The NBA Still Has a Massive Tanking Problem
Rodman Is Living His Best Life in New Jersey Suburbs
Has the Brow Forced His Way into MVP Convo?
Sunday's ASG Was a Start, but It Still Needs Fixing
Hawks Fans Keep Getting Burned by Hot Sauce
Relive AI and Kobe Facing Off in the ASG
Who Is the Dancing Rockets Fan?
30 Years Ago Today MJ Took Flight
Teams That Must Make a Deal at Trade Deadline
How a 7-Foot Farmer Became Iceland's NBA Prospect
MJ Superfan Gets Crying LeBron Tattoo
Panic Time for Cavs, but What Can They Do?
Beck Reveals His 2018 NBA All-Star Ballot
Time for the Grizzlies to Trade Marc Gasol
I.T. Now the Biggest Question Mark of the Season
The Night in the NBA: Beasley Gets MVP Chants, DeRozan Drops 45 and More
Still Too Soon to Declare Anything About Any Rookie
We Owe the Indiana Pacers an Apology
Ingles is most valuable as a three-point marksman and shot a career-best 44.1 percent from downtown in 2016-17. He can stretch defenses and take advantage of openings but is also versatile enough to handle the ball when needed.
He can be a plus defender, and he held opponents to shooting marks that were 1.6 percentage points lower than their normal averages last season, per NBA.com.
Ingles will be 30 years old during the 2017-18 campaign, but he played critical minutes with Utah's core and is playoff-tested after the Jazz advanced to the second round.