Raptors, DeRozan agree to 4 year, $38 million extension

[Real Deal]

Adrian Wojnarowski ‏@WojYahooNBA

The Toronto Raptors are finalizing a four year, $40 million contract extension with DeMar DeRozan, league sources tell Y! Sports.

Around the same amount Stephen Curry got from Golden State (a little less, actually)...and I like the deal for Toronto. Wasn't sure if they were going to give him an extension or not, but it sounds like it's a go.

 

UPDATE:

 

Ryan Wolstat ‏@WolstatSun

Also just got confirmation that the DeRozan deal is 4 years, $38 million

Edited November 1, 2012 by Built Ford Tough

[AboveLegit]

Someone please sell me on this because I'm not seeing how he's worth this contract.

 

Between Derozan and Fields, they essentially have invested a max contract into two wing players. Not to mention they drafted a SG, who I thought would step into a starting role in a year or two.

Edited October 31, 2012 by AboveLegit

[The Regime]

This is just absurd, he's no where on the same level as Curry or a Lawson. I guess the Raptors have money to blow, and seeing how they haven't been able to attract big time free agents they might as well keep the current core players in tact.

[Built Ford Tough]

He has agreed to a 4 year, $42M extension.

 

However, the deal is incentive based and according to Koreen (a Raps beat guy), the guaranteed money is less than $40M and more than $36M.

 

Not really a big fan of this. I'd rather them play out the season and let his play dictate his value. I hope he proves me wrong and proves he is worth it, but at first glance this isn't really an ideal scenario.

 

Of course, this should come as no surprise since Colangelo is always overpaying people.

 

With that said, his play in the preseason was very encouraging and if he can carry that over into the regular season, this won't be that bad of a deal.

[Built Ford Tough]

Latest update:

 

4 years, $38M.

 

Ryan Wolstat ‏@WolstatSun

Also just got confirmation that the DeRozan deal is 4 years, $38 million

[DunkinDerozan]

I think they overpaid, but really did anyone expect them to not over pay? He's a fan favourite, and the Raptors knew they had to pay him to stay. I'm alright with the deal. Sure he's getting paid close to the same as Curry, but Curry is also one of the most injury prone players in the league.

[Built Ford Tough]

I think they overpaid, but really did anyone expect them to not over pay? He's a fan favourite, and the Raptors knew they had to pay him to stay. I'm alright with the deal. Sure he's getting paid close to the same as Curry, but Curry is also one of the most injury prone players in the league.

 

That is terrible logic.

 

I'm not sure if you were a Raptors fan during the Carter era or not, but that exact line of thinking was basically the beginning of the end of the Carter era. Grunwald and company overpaid fan favourites like Alvin Williams and Jerome Williams (as well as Antonio Davis) and because of so much salary being committed to complimentary players, Toronto could never get Carter the running mate he needed. They got desperate and made the disasterous Olajuwon trade and things went nowhere but down after that.

 

You can't let things like that factor into contractual decisions. Then again, Colangelo has proven to be completely incompetent at contract negotiations (and, well, basically every other aspect of being a general manager), so this really shouldn't come as a surprise that he drastically overpaid DeRozan.

[Check my Stats]

There is literally no in between with Colangelo. For every good move he makes, he makes a totally ridiculous one (actually more like 2 ridiculous moves for every 1 good one). I get that he wants players to feel like if they work hard they will be rewarded, and not want them to be worrying about contracts while playing, and its a good logic, but this is just ridiculous.

 

I am a fan of Demar's. Yeah, I know he has weaknesses in his game, but the potential is also there. But even if he reaches his absolute potential as a 3rd-4th option type, his lack of a jumper and handles at the 2, he still probably isn't worth this money. I just don't see why this was done now. Play the season out, if someone offers 10 a year, and you think he's worth it, match. If not, let him walk. I thought that is why we drafted Ross, but now we have a ton of money invested into wings who can't shoot, are mediocre defenders AT BEST.

 

And now, next summer when Lowry needs to be extended, how do we not offer him pretty much max money?

 

I have defended Colangelo numerous times over the years, but the Ross draft pick (not totally brutal, but now it makes no sense), the Fields signing, and now this. I think its time for the organization to move on. He has been given chance after chance, and has failed brutally. The only problem is, he has [expletive]ed up this team long-term now.

 

Just so frustrating. Our only hopes are that Valanciunas becomes a franchise big man, because otherwise, this team has no chance of sniffing anything besides being fodder for the Miami Heat and Chicago Bulls each year.

Edited November 1, 2012 by Check my Stats

[Real Deal]

I don't know. I like it because I have faith that DeRozan can develop a little more. It hasn't been the best environment, and I realize that's not a great excuse, but it's still legitimate. Sometimes, when I watched Toronto, I got the sense that he was out there needing to be their primary option...and it just reminds me of what Danny Granger has been doing for Indiana (and DD is no Granger yet). Both can be good second options, as long as they have that player to feed them, and if DeRozan can develop a jumper, to me, that makes this deal great. Sometimes, you have to write the check and cross your fingers...and to me, this is FAR different from the Landry Fields mistake.

 

I guess, maybe last year, I would have questioned this...but now, I see OJ Mayo in Dallas, looking a little better, and having a better opportunity, possibly being that second guy behind an all-star and franchise player in Dirk. Mayo has the skillset, but DeRozan isn't at his ceiling yet...and when I go back and look at his second year in the NBA (when he averaged like 18 PPG and shot 47-48%), even though it's the numbers I'm looking at, he had flashes of brilliance when defending certain players (like when he was checking Kobe a few times), and it was just there.

 

I have more of a problem giving that kind of money to Stephen Curry, honestly. Has DeMar missed double-digit games in his entire career? It feels like Curry has been having ankle problems since Davidson, as much as we hear about them now.

[Built Ford Tough]

The Ross thing is what really gets me.

 

I could maybe understand the logic behind giving DeRozan this extension if they had drafted, say, Harrison Barnes or some other non-shooting guard. I still wouldn't agree with it since at the end of the day DeRozan simply isn't worth this kind of money, but I could understand it a bit.

 

However, you just used the 8th overall pick on Terrence Ross (and if Ross wasn't the pick, it sounds like Austin Rivers would've been) so what exactly happened between the draft and now to make Colangelo so confident of DeRozan? It's not like either one of DeRozan or Ross are capable of playing the 3 (even if DeRozan's game is more suited to the 3, he doesn't have the size and Ross is a pure 2) so I can't really imagine the intention was playing the two of them together, despite what Colangelo, Stefanski and company have said.

 

So what, do you plan on having Ross just wallow behind DeRozan for the next 4 years? What was the point in drafting this guy, a guy who clearly wasn't the BPA and was a reach in the first place, if you planned on giving DeRozan this extension just a few months later?

 

Then, to top it all off, you just signed Landry Fields for $19M (or whatever it was) and are playing him out of position at the 3 as well.

 

I just don't understand what the hell goes through this guys head. He really has absolutely no plan. The day Colangelo gets fired can't come soon enough.