Raptors lock up DeMar DeRozan

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.