The Toronto Raptors have taken a gamble and signed Shooting Guard/Small Forward Terrence Ross to a three year contract extension that kicks in next season, keeping Ross in Toronto for four more seasons.
The deal, which was initially reported as a 33 million dollar contract according to Adrian Wojnarowski of Yahoo! Sports may fall in line at around 31.5M total according to Michael Grange of Sportsnet.
Ross, who was drafted eighth overall in 2012 by Toronto in the NBA Entry Draft, has been an frustrating project for the Raptors in his previous three seasons in Toronto due to lack of consistency.
Some games, Ross seems like a world beater, as evidenced by his 51 point outburst against the Los Angeles Clippers two seasons ago, and at other times can be completely invisible on the court as seen in the playoffs two seasons ago against the New Jersey Nets.
At first glance, the price for Ross may seem exuberant, however when taking into account that the NBA Salary Cap is scheduled to rise to 90 million next season, the contract will be seen as a drop in the bucket for Toronto.
In signing Ross, Raptors GM Masai Ujiri takes a gamble on a player who has potential to be an elite bench option with the ability to knock down three pointers and play a stellar brand of defense, which point to the makings of a future sixth man of the year award.
These are not uncharted waters for the Raptors, as Ujiri’s predecessor Bryan Colangelo, took a similar gamble on a young unproven DeMar DeRozan four years ago, a move which by the way, was also met with scorn from the industry and fans alike.
And unlike Ross, DeRozan never showed the same amount of potential in draining threes or being a good defender. At the time of the move, DeRozan was seen as a high flyer who could have become an Andre Iguodala type. Fortunately for the Raptors, DeRozan has exceeded that outlook and is a part of an elite back court for the Raptors with Kyle Lowry.
With the security of a contract in the long term, Ross can now focus on improving other facets in his game to show off to his General Manager that the move was worth it.