National Basketball Association

AP Source: Casey gets 3-year, $18M extension from Raptors

Published Jun. 2, 2016 4:21 p.m. ET

foxsports

A person with knowledge of the situation tells The Associated Press that the Toronto Raptors have agreed to terms with coach Dwane Casey on a three-year, $18 million contract extension.

The two sides reached an agreement on Thursday. The person spoke on condition of anonymity because the team has not announced the deal.

Casey has spent five years coaching the Raptors and has helped turn them into a contender in the Eastern Conference. He led them to a franchise-record 56 wins this season and an appearance in the Eastern Conference finals.

The Raptors lost in six games to the Cleveland Cavaliers. But GM Masai Ujiri quickly moved to lock up a coach who has helped develop DeMar DeRozan and Kyle Lowry into All-Stars.

Yahoo Sports first reported the extension.