Despite a season-ending loss to the Brooklyn Nets on Sunday in the opening round of the playoffs, the Toronto Raptors emerged this year as an intriguing team for the future.
Approximately 24 hours later, on Monday evening, Raptors beat reporter Doug Smith of The Star tweeted that head coach Dwane Casey will be rewarded for the job well done.
According to Smith, Casey, 57, has agreed in principle to a three-extension with the team that will keep him in Toronto through 2017. His deal had been set to expire this offseason. Terms of his new deal are not immediately known.
The team had decided not to pick up the option on former head coach Jay Triano's contract in 2011, subsequently appointing Casey to the position. The Raptors finished this past regular season with a 48-34 record, on top of the Atlantic Division for the first time since 2007.
Raptors have agreement in principle with Dwane Casey on a three-year deal, according to sourcesSI WIRE: Report: Raptors interested in signing Vince Carter in free agency
— Doug Smith: Raptors (@SmithRaps) May 5, 2014