Phoenix Petroleum has signed its pick, Fil-Canadian guard Matthew Wright, to a three-year maximum deal, according to an online report.

Wright, who has played in Europe and was with Fuel Masters coach Ariel Vanguardia in the ASEAN Basketball League, agreed to a three-year maximum deal of P8.5 million, according to Spin.

He became the second Gilas cadet to get the maximum allowable contract after Mac Belo.

Belo got the same deal when he signed with Blackwater on Monday.

Phoenix, which initially wanted to pick Arnold Van Opstal, has taken a gamble with Wright through the persuasion of Vanguardia.

"I had to prove to management to pick him [Wright] because they really wanted Van Opstal. But I told them Matthew is the only Filipino aside from [Stanley] Pringle that played in Europe that's in the PBA right now," the coach said in ABS-CBN Sports.

Vanguardia and Wright teamed up in the ABL while steering the Malaysia Westports Dragons to the title.

Meanwhile, John Wilson, Mark Borboran, Prince Caperal, and Michael Miranda got contract extensions with the Fuel Masters.

All of them were given one-year extensions by the team management.

For more sports coverage, visit the ABS-CBN Sports website.