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Toronto Raptors agree contract extension with Masai Ujiri

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The Toronto Raptors made their moves early in the offseason as they tied down shooting guard DeMar DeRozan to a mega-bucks new contract.

Having spent his whole NBA career with the Canadian franchise, DeRozan did not even bother to test the waters of free agency as he agreed to a five-year, $145 million deal.

However, the Raptors may have done their best bit of business recently as they agreed to an extension with general manager Masai Ujiri.

The Nigerian GM said: “I am grateful to the Board and Mr. Tanenbaum for the opportunity to continue our progress to build the Raptors into one of the top franchises in the NBA.

"I’m also excited that Jeff and Bobby are being rewarded for their hard work and valuable contributions to our program. My family thanks the NBA, Raptors players and coaches, staff, Raptors fans, the city of Toronto and Canada for this opportunity. Toronto is home for us.”

Cleveland Cavaliers v Toronto Raptors - Game Three

Despite having two years remaining on his deal, it was imperative Toronto tied him down as interest around the league began to grow.

Since he joined the organisation in May 2013, the franchise north of the border has gone through the best spell in their relatively short history.

Just last season, they won a franchise-best 56 games and reached the Eastern Conference finals for the first time.

Cleveland Cavaliers v Toronto Raptors - Game Six

Ujiri was a wanted man and it had been reported the New York Knicks were considering him as a replacement for Phil Jackson once his contract expires.

It may have been early but this was smart business from the Raptors.

Topics:
NBA
Toronto Raptors
Atlantic Division
Eastern Conference

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