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Jonas Valanciunas: Contract Extension With Raptors Worth $64 Million Over Four Years

The deal reported earlier Thursday has been finalized, as the Raptors and Valanciunas agreed to a four-year $64 million contract extension, Adrian Wojnarowski of Yahoo Sports reports.

Analysis:

As expected, the team officially announced the agreement with Valanciunas Thursday. The former fifth overall pick has averaged 10.9 points, 8.0 rebounds, 1.1 blocks and 26 minutes in three seasons with Toronto, and the team plans on keeping their big man around for at least another four seasons.

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