OG Anunoby and the Raptors have agreed to a 4-year $72M contract extension, with a player option for the 2024-25 season.
Toronto Raptors forward O.G. Anunoby has agreed to a four-year, $72 million extension, including a player-option for the 2024-2025 season, @KlutchSports Head of Basketball Omar Wilkes tells ESPN.
— Adrian Wojnarowski (@wojespn) December 21, 2020
Many thought that Anunoby’s market was starting to balloon north of 20M with recent signings of lower potential and impact players (Marcus Morris, Luke Kennard, Jerami Grant, Kyle Kuzma), but Anunoby and the Raptors have come together on a middle ground that sees Anunoby under contract through the 2023-24 season at the very least. This deal skews very team friendly (as did VanVleet’s) and should be considered a major win for the Raptors. Even though Anunoby has been a very low usage player, the market for players of his ilk is laden with big offer sheets – especially ahead of an offseason where a lot of teams have cap space, and a shrinking number of marquee free agents.
OG Anunoby’s extension is structured with maximum 8% raises to minimize 2021 hit, per a source.
Raps lose about $4.45M in 2021 space to get OG for $18M per. https://t.co/ex0dbvBPph
— Blake Murphy (@BlakeMurphyODC) December 21, 2020
A fan favourite gets paid, and Masai Ujiri and Bobby Webster have once again shown their prowess as executives. Big win today for Raptors fans.
Have a blessed day.