Tag: Jonas Valanciunas

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Report: Jonas Valanciunas’ contract extension worth $64 million


Jonas Valanciunas agreed to a contract extension.

Now, that has turned into an official deal, and the financial terms have leaked.

Raptors media relations:

Adrian Wojnarowski of Yahoo Sports:

This is a little higher than the report that used $60 million as its baseline, but it hardly changes my conclusion: The Raptors got a steal.

Valanciunas is good, has a strong track of improvement and, at age 23, should continue to develop.

It wouldn’t have been the least bit surprising to see him get a max contract (projected to be worth more than $93 million) as a restricted free agent next summer. So many teams will have cap space to burn with the salary cap skyrocketing.

Valanciunas is already one of the NBA’s best low-post scorers. If he progresses defensively – and Dwane Casey is the right coach to help him – Valanciunas could anchor one heck of a team in Toronto.

Kyle Lowry is the Raptors’ unquestioned leader right now, and DeMar DeRozan and DeMarre Carroll are important cogs. But Valanciunas’ youth adds tremendous value.

Toronto has a team that can win now and in the future. Locking Valanciunas into a relatively cheap deal should only help them add pieces down the road.

For him, the guarantee of $64 million is life-changing money. The chance at more as a free agent obviously didn’t appeal as much as the security of this extension.

His risk-aversion is the Raptors’ gain.

Report: Raptors and Jonas Valanciunas agree to contract extension

Toronto Raptors v Washington Wizards- Game Three
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Jonas Valanciunas and the Raptors were reportedly near a four-year extension worth more than $60 million.

It appears they’ve finalized the terms.

Josh Lewenberg of TSN:

If it’s worth anywhere near $60 million over four years, the Raptors got a steal.

With the salary cap projected to skyrocket next season, a max extension would have projected to pay Valanciunas more than $93 million over four years. A lot of teams will have max-level cap space, some of which could use a center. I’m not sure Valanciunas would have gotten the full max as a free agent, but I bet he could have gotten more than $15 million per season.

Alas, we won’t find out, with Valanciunas apparently opting for the security of signing now.

The 7-foot-1 Valanciunas has developed nicely during his three NBA seasons. There’s no reason that shouldn’t continue, considering he’s just 23.

Valanciunas is a skilled interior scorer, and he rebounds pretty well. His defense needs work, and shoring up his play on that end of the court would go a long way in earning more minutes from Dwane Casey. But Valanciunas’ size and mobility gives him potential as a rim-protector.

The Raptors aren’t paying him for what he’s done. They’re paying him for what he’ll do the next four years, and I think that will work very well for Toronto.

Report: Raptors, Jonas Valanciunas nearing four-year, $60 million contract extension

Raptors Media Day

Big men in the NBA get paid.

Jonas Valanciunas is a big man — officially 7’1″, 255 pounds — who is a skilled scorer near the basket (he averaged 12 points a game on 57 percent shooting last season). He’s got some holes in his game (he’s not a great rim protector, his passing needs work) but still big men get paid.

And he’s going to get paid with a healthy contract extension to his rookie deal, reports Marc Stein of ESPN. Although he’s taking a little less than I expected.

The two sides had until Nov. 1 to get a deal done, but they got it done early.

Because he’s a big and next summer around 20 NBA teams may have max salary money (thanks to the coming spike in the salary cap from the new television deal), it was possible he would push for a max contract extension, which would have started at around $19 million per year. If he had waited until next summer, he would have gotten the max from somebody.

However, like a lot of players did this summer, Valanciunas appears willing to take a little less (although still a large sum) for the security of getting it done and staying in a situation he likes. It’s the bird in the hand theory, and when you saw the rash of injuries around the league last year it’s understandable. He’s about to make the kind of money that sets a family up for generations, you can’t fault him for wanting to lock that down now.

On the court, the Raptors tweaked their roster this summer to become more defensive minded, bringing in DeMarre Carroll for example. But for it all to work on both ends Valanciunas is going to have to take a step forward. He has to become a better defensive presence in the paint. He has to diversify his offensive game.

He’s got to play like a guy who deserves the extension he is about to land.

What NBA stars will suit up for EuroBasket? Pau Gasol, Dirk Nowitzki, Tony Parker among others

pau gasol spain olympics

EuroBasket matters — it offers both the bragging rights of a European championship and is the 2016 Olympic qualifier for Europe. The top two finishers get their tickets punched for Rio for the 2016 games (the USA and Brazil have already qualified). Finishers three through seven get invited to the 2016 pre-Olympics qualifying tournament, where they can try to play their way into the final field of 12 (likely a couple of them succeed).

Because it matters, some of the NBA’s big names will suit up when play tips off Sept. 5 —  Pau Gasol, Dirk Nowitzki, Tony Parker among others. There are 29 players under NBA contract in total expected to participate. Mark Cuban and many NBA GMs will watch clutching their lucky blanket and hoping against injury, but this is the kind of tournament that draws stars.

If you’ve wondered who is going, here’s a list of every NBA player suiting up in EuroBasket, hat tip to Hoopshype.

Bojan Bogdanovic (Brooklyn Nets)
Mario Hezonja (Orlando Magic)
Damjan Rudez (Minnesota Timberwolves)

Alexis Ajinca (New Orleans Pelicans)
Nicolas Batum (Charlotte Hornets)
Boris Diaw (San Antonio Spurs)
Evan Fournier (Orlando Magic)
Rudy Gobert (Utah Jazz)
Joffrey Lauvergne (Denver Nuggets)
Tony Parker (San Antonio Spurs)

Dirk Nowitzki (Dallas Mavericks)
Tibor Pleiss (Utah Jazz)
Dennis Schroeder (Atlanta Hawks)

Giannis Antetokounmpo (Milwaukee Bucks)
Kosta Koufos (Sacramento Kings)
Kostas Papanikolaou (Denver Nuggets)

Andrea Bargnani (Brooklyn Nets)
Marco Belinelli (Sacramento Kings)
Danilo Gallinari (Denver Nuggets)

Omri Casspi (Sacramento Kings)

Jonas Valanciunas (Toronto Raptors)

Marcin Gortat (Washington Wizards)

Zaza Pachulia (Dallas Mavericks)

Nemanja Bjelica (Minnesota Timberwolves)

Pau Gasol (Chicago Bulls)
Nikola Mirotic (Chicago Bulls)

Furkan Aldemir (Philadelphia 76ers)
Ersan Ilyasova (Detroit Pistons)

Alex Len (Phoenix Suns)

Jonas Valanciunas tweaks hip playing for Lithuania, says it’s not serious

Toronto Raptors v Washington Wizards - Game Four
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This is not the sight Toronto Raptors fans wanted to see in Jonas Valanciunas’ first game for Lithuania this summer — him grabbing his leg in pain after slipping on a wet part of the floor.

Fortunately, it turned out not to be serious according to Valanciunas himself, who was joking about the groin strain the next day.

According to the report in basketnews.lt, the coach was concerned, but the player himself was not (hat tip and translation via probballreport.com).

“He has a groin strain, while the injury heals long. This is not good,”  said (head coach Jonas) Kazlauskas after the match. “So far we do not know how many seriously injured Valanciunas is, we will know later. ”

Basketball player himself said that nothing serious happened.

“My first sting,” Valanciunas told journalists. “Nothing severe happened.”

The next day, Valanciunas was cracking jokes about it.

“I do not even remember how it happened, but I know I slipped and managed to stretch my hip flexors for the first time in my life,” the big man added jokingly.

It appears to be nothing, but this is why GMs hold their breath during international play. Valanciunas had 14 points and 10 boards in less than 20 minutes of action of the friendly with Austria. He will be playing for Lithuania in EuroBasket.

Valanciunas is someone to watch this upcoming NBA season for a couple of reasons.

First, he is in the class eligible for an extension of their rookie contracts before Nov. 1. The Raptors will likely try to get Valanciunas to agree to take a little less, but he’s going to look at the market next summer — when around 20 teams will have the money to offer a max extension — and decide he’ll wait for a max. If you don’t think he deserves a max you may be right, but the point is moot — big men get paid in the NBA, and Valanciunas is a solid scoring big man. He will land a max deal.

Second, watching him play with this new Raptors roster — and coach Dwane Casey wanting to go small more often — will be interesting. While he’s adept as a scorer, Valanciunas’ passing and defense are going to need to make leaps if Toronto is going to take a step forward. He will be key to a lot of what they want to do.

Also, he needs to stay healthy.