Raptors forward DeMar DeRozan goes to the basket against Bucks forward Tobias Harris during their NBA basketball pre-season game in Toronto

Report: Raptors unlikely to offer contract extension to DeMar DeRozan

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DeMar DeRozan is essentially in the same boat as James Harden. Not the one that will sail him into the max contract territory that Harden is pursuing with the Thunder of course, but DeRozan similarly has until Oct. 31 to work out a contract extension with his team, or else become a restricted free agent on July 1.

It appears that the Raptors are willing to let DeRozan play the season out, and take their chances with the offers that may come in next summer. According to a report from Doug Smith of the Toronto Star, it’s unlikely that the two sides will agree on an extension. And Smith believes that’s the best course of action.

No sense, in my mind, in tying up big bucks for years to come on promise; it makes far more sense to see what the season is like, see how DeRozan develops and find out what the market is like next summer.

Doesn’t mean they don’t want him, and he’s had an excellent pre-season for the most part, and it’s not like there should be any acrimony as the Oct. 31 deadline comes and goes.

It means the Raptors are being financially prudent, keeping open some flexibility for next summer when they might be able to make some free agency moves if need be.

DeRozan’s case is a difficult one for the Raptors. He’s showed signs in his first three seasons as a productive scorer, and seems to have the athletic tools to continue to improve offensively. Playing on horrendous teams certainly doesn’t help a young player to develop, and with defensive-minded head coach Dwane Casey now entering his second season in Toronto, there may be an opportunity for DeRozan to improve at that end of the floor, as well.

DeRozan has averaged in the neighborhood of 17 points per game as a starter over the past two years, but has seen his field goal percentage decrease in all three of his NBA seasons. He doesn’t contribute much in the way of assists or rebounds, and has yet to add legitimate and consistent three-point shooting to his offensive arsenal.

Still, all the tools are in place for DeRozan to have a breakout season. If he does, and his value on the open market ends up skyrocketing, it will cost the Raptors much more than expected if they decide to match any offer he receives in restricted free agency. But the team is taking the conservative route by making DeRozan play his way there, and it’s likely that this turns out to be the best course of action for both parties.

Dion Waiters explains decision to sign with the Heat in an Instagram post

OKLAHOMA CITY, OK - MAY 24:  Dion Waiters #3 of the Oklahoma City Thunder reacts in the first quater against the Golden State Warriors in game four of the Western Conference Finals during the 2016 NBA Playoffs at Chesapeake Energy Arena on May 24, 2016 in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Ronald Martinez/Getty Images)
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On Monday, Dion Waiters agreed to a one-year, $2.9 million deal with the Heat, far less than most people thought he would get as one of the few significant free agents still on the market. Tuesday afternoon, he posted an explanation on Instagram for his deal.

Here’s what he said:

I didn’t do it for the money… I did it for the opportunity to go out & ball & have fun. Everything else will take care of its self!!! I just felt like it was the best situation for me…& my family. I could have waited & got wat I wanted. But I rather be happy then miserable at the end of the day!!! Meaning Yu can have everything & still not be happy… #heatnation let’s get it!!! #provethemwrong #stamped #Philly

It seems clear, based on the market, that the kinds of offers Waiters was hoping for weren’t out there for him. In Miami, with Dwyane Wade gone, he’ll probably start at shooting guard and have plenty of opportunities to prove himself in hopes of landing a long-term deal next summer.

Report: Celtics sign second-round pick Demetrius Jackson to four-year deal

PHILADELPHIA, PA - MARCH 27:  Demetrius Jackson #11 of the Notre Dame Fighting Irish walks to the bench late in the second half against the North Carolina Tar Heels during the 2016 NCAA Men's Basketball Tournament East Regional Final at Wells Fargo Center on March 27, 2016 in Philadelphia, Pennsylvania.  (Photo by Elsa/Getty Images)
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While we wait for the Celtics to make a bigger move to trade for another star, they’re filling out the end of their roster. Sheridan Hoops’ Michael Scotto is reporting that they’ve signed Demetrius Jackson, the No. 45 pick in last month’s draft, to a four-year deal.

Jackson declared for the draft after his junior season at Notre Dame. Talent-wise, he has the chance to be a major steal for Boston — DraftExpress has him ranked as the 17th-best overall prospect in this year’s draft class. But he might not play much his first year. The Celtics’ roster is already crowded and there’s still the chance that they’ll make another move with some of their much-vaunted assets if the right star becomes available.

Hawks sign former Michigan State center Matt Costello

ST LOUIS, MO - MARCH 18: Matt Costello #10 of the Michigan State Spartans handles the ball against Darnell Harris #0 of the Middle Tennessee Blue Raiders in the second half during the first round of the 2016 NCAA Men's Basketball Tournament at Scottrade Center on March 18, 2016 in St Louis, Missouri.  (Photo by Dilip Vishwanat/Getty Images)
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ATLANTA (AP) — The Atlanta Hawks have signed undrafted rookie free agent center Matt Costello of Michigan State.

The 6-foot-9, 245-pound Costello averaged 5.7 points and 5 rebounds on the Hawks’ summer league team in Las Vegas.

Costello averaged 10.7 points and 8.2 rebounds as a senior at Michigan State. He holds the school’s career record with 146 blocked shots.

Terms of the deal were not released.

Watch Jamal Crawford drop an effortless 44, hit game winner at Seattle pro-am

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Jamal Crawford knows how to get buckets.

He does it against NBA level defenders, so put him in a free-flowing pro-am — let’s say the Seattle pro-am in his hometown — and he barely breaks a sweat dropping 44. And nailing the game winner.

Doc Rivers hopes to see a lot of that next season.