Thursday, November 1st, 2012 at 9:00 am  |  9 responses

DeMar DeRozan Signed 4-Year $38 Million Extension With Raptors

The Toronto Raptors inked DeMar DeRozan to a long-term extension, which will pay the 23-year old $38 million (incentives could reportedly push the deal up to $46 million.) Per the Toronto Sun: “With a midnight deadline looming, the Raptors locked up swingman DeMar DeRozan to a hefty four-year contract extension, getting his signature on the deal right after player introductions prior to Wednesday’s loss to Indiana. Talks had been on-going for weeks and progressed considerably as the Halloween deadline to get extensions done with class of 2009 players approached. DeRozan did not come cheap, signing for $38 million — before incentives.”

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  • spit hot fiyah

    it would be nice to know what the incentives are

  • spit hot fiyah

    realgm is actually reporting 42 mil with bonuses

  • Dagger

    Great organizations rarely overpay. Good organizations sometimes overpay good players. Bad organizations overpay mediocre players. And then there’s the Raptors.

    Just when you think there might be hope for the future, Colangelo does something that makes you remember that you’re a Torontonian, and hope is futile.

  • bike

    There was a lockout last year for some reason. I forget what it is now.

  • http://twitter.com/niQknacks niQ

    What is this…I don’t even…

  • http://twitter.com/niQknacks niQ

    With Ross and Fields I thought it was the end of the line for DD…then this happens…

  • Dagger

    Fields, it should be said, also has an insane contract and was the only player on the team who played worse than Derozan last night.

  • http://twitter.com/niQknacks niQ

    Yea, shooting 0-6 will give you that title.

  • Bojangles

    DeRozan is going to prove alot of people wrong.