DeMar DeRozan looks on during the Toronto Raptors media day in Toronto on Monday, October 1 2012. DeRozan called his contract extension an honour, but one he hadn't had much time to let sink in.The Toronto Raptors agreed to terms on an extension with the swingman ahead of Wednesday's midnight deadline, and just before the Raptors' 90-88 loss to the Indiana Pacers in the season-opener for both teams.THE CANADIAN PRESS/Aaron Vincent Elkaim
October 31, 2012 - 8:00 PM
TORONTO - The Toronto Raptors have agreed on a contract extension with forward DeMar DeRozan ahead of Wednesday's midnight deadline.
According to sources, the 23-year-old from Compton, Calif., agreed to terms on a four-year deal worth $38 million.
DeRozan played in 63 games last season averaging 16.7 points, two assists and 3.3 rebounds per game. He is a career 45.7 per cent shooter and 80.2 per cent from the free throw line.
Toronto drafted DeRozan in the first round (ninth overall) in 2009 and has since become a key figure in the franchise's rebuilding project. First-round picks from that draft were facing a midnight deadline Wednesday to secure contract extensions.
The contract is expected to be finalized after the Raptors' regular-season opener at home against the Indiana Pacers.
News from © The Canadian Press, 2012