DeMar DeRozan was set to enter free agency on the heels of an Eastern Conference Finals appearance with the Toronto Raptors. However, he has reportedly reached a deal to remain in Toronto.

Shams Charania of The Vertical reported DeRozan and the Raptors agreed to a five-year contract worth over $139 million.

On June 25,’s Tim MacMahon reported that DeRozan was focused on agreeing to terms with the Raptors, adding that the guard didn’t plan on meeting with any other teams “barring the unforeseen development of talks breaking down the [sic] Toronto