Jonas Valanciunas, Raptors Agree to New Contract: Latest Details and Reaction

August 20th, 2015 by Tyler Conway Leave a reply »

As expected, the Toronto Raptors announced a four-year contract extension with center Jonas Valanciunas. Adrian Wojnarowski of Yahoo Sports reported the deal is worth $64 million and could rise to $70 million:'s Marc Stein reported earlier this week that an agreement was imminent. Valanciunas traveled to Toronto from his native Lithuania, where he was preparing for the upcoming EuroBasket Tournament, to finalize terms.

The No. 5 overall pick in the 2011 draft, Valanciunas averaged 12.0 points, 8.7 rebounds and 1.2 blocks per game last season. He is the third extension-eligible player to ink a new deal, joining Portland's Damian Lillard and New Orleans' Anthony Davis. (Though Davis and Lillard are 2012 draftees, Valanciunas did not join the league until the 2012-13 season, making this his first possible window for an extension.)

Unlike the max extensions his predecessors signed, Valanciunas' deal represents a best-of-both-worlds scenario. The Raptors are understandably pleased to lock up a 23-year-old 7-footer who has the skills to be a second or third option in an elite offense. T ...

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