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Terrence Ross Agrees to 3-Year, $33 Million Extension With Raptors, per Report

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It went down to the wire, but swingman Terrence Ross has agreed to a three-year, $33 million contract extension with the Toronto Raptors, according to Yahoo! Sports’ Adrian Wojnarowski.

Ross, the eighth pick in the 2012 NBA Draft, is the second Raptor to sign a contract extension this year. Big man Jonas Valanciunas got a four-year, $64 million extension over the summer.

The 24-year-old Ross is a talented but inconsistent player who’s looking to take a step forward after taking a step back last year. The athletic youngster enjoyed a really solid second season in the league when he averaged 10.9 points and 3.1 rebounds while shooting 39.5 percent from three in 26.7 minutes per game. He even scored 51 points in a game that year.

However, Ross wasn’t a factor in the postseason and then regressed last year. His numbers went down basically across the board, and he once again struggled in a playoff series loss.

Ross has had a decent start to this season coming off the bench behind DeMar DeRozan and DeMarre Carroll. After playing just five minutes in the Raptors’ opener, Ross scored 21 points in 21 minutes in a win over the Boston Celtics and then had a nice game in a blowout win over the Milwaukee Bucks.

Ross could be valuable in this bench role if he finds that consistency, and perhaps he moves back into the starting lineup in the future if DeRozan leaves in free agency. This extension seems a bit on the rich side, but it’s just the new reality in this new cap world.

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