Reports: DeMar DeRozan, Raptors agree to five-year, $139 million deal
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Free agent guard DeMar DeRozan has decided to re-sign with the Toronto Raptors on a five-year deal, according to multiple reports. DeRozan’s focus entering free agency was on remaining with the Raptors, and he did not meet with any other interested teams.
USA Today’s Sam Amick first broke the deal. The Vertical’s Shams Charania reports the deal is worth $139 million.
DeRozan, 26, has spent his entire seven-year career in Toronto. The two-time All-Star averaged 23.5 points, 4.5 rebounds and 4 assists per game in 2015–16, and opted out of his contract at year’s end.
“My mind-set has always been Toronto,” DeRozan said during his exit interview. “I’ve always preached it. I was passionate about it when we were losing. When we were terrible I’d say ‘I’m going to stick through this whole thing and I want to be that guy who brings the organization to where it is now.’ I definitely don’t want to switch up after we win.”
• Latest free agency buzz | Backup plans for teams who miss out on stars
He will reportedly be heading to Rio this summer to compete for the United States in the Olympics.
– Kenny Ducey
