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Thursday, September 30, 2010
Updated: October 1, 9:43 AM ET
Raptors lock up DeMar DeRozan

Associated Press

TORONTO -- The Toronto Raptors exercised the third-year team option on swingman DeMar DeRozan's rookie scale contract Thursday.

DeRozan's deal is now guaranteed through the 2011-12 season. The Raptors had until Oct. 31 to exercise the option.

DeRozan averaged 8.6 points and 2.9 rebounds in 77 games last season. The 6-foot-7, 220-pounder was selected by the Raptors with the ninth overall pick of the 2009 NBA draft.