Report: Raptors agree to three-year, $18 million contract extension with Dwane Casey

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Update: Wojnarowski:

The Raptors essentially tore up the 2016-17 option on Casey’s deal and replaced it with a new three-year contract that runs through 2018-19, league sources said.


We went from mixed signals on Dwane Casey’s future with the Raptors to contract-extension talks.

It’s a wonder what the first two best-of-seven-playoff-series victories and franchise history and a couple wins over the Cavaliers in the Eastern Conference finals will do.

Adrian Wojnarowski of Yahoo Sports:

Casey reportedly had one year and $4 million left on his current contract, so this extension will run through 2020. A $6 million annual salary is a little above what most other coaches have gotten this offseason, and it’s deserved.

In five seasons, Casey has helped turned around a floundering team. Toronto has gone from 22 wins before his arrival to 23 (in a 66-game season) to 34 to 48 to 49 to 56 with him. Is he a good playoff coach? The answer appeared no for a while, with the Raptors losing as the higher seed the previous two years and struggling to get past the Pacers in this year’s first round. But Casey raised enough doubt by beating the Heat in the second round and at least making the conference finals somewhat competitive.

After all he has done for this franchise, Casey deserves a chance to see this process through a little longer.