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Official: Toronto Raptors Sign DeMar DeRozan to a 5-year, $139M Deal

by: Black Adam Schefter On  Thursday, July 14, 2016

Toronto Raptors v Cleveland Cavaliers - Game Five

On Thursday, the Toronto Raptors officially announced the re-signing of shooting guard DeMar DeRozan to a reported 5-year, $139 million deal.

 

Raptors president and general manager Masai Ujiri had this to say about DeRozan:

“Our top priority in the offseason was to make sure DeMar remained a Raptor,” Raptors president and general manager Masai Ujiri stated in a press release. “He has been a foundation for our franchise, a leader who exemplifies the culture we are developing and a key contributor in our success. We are delighted that after seven season DeMar wanted to remain in Toronto to help us continue to build a championship program.”

DeRozan with his family signing his new contract:



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