JULY 27TH: The Raptors have officially re-signed Gray, according to a team release.
JULY 7TH: Adrian Wojnarowski of Yahoo Sports reported that Aaron Gray has agreed to a two-year deal with the Raptors. The six-year veteran started in 40 games for Toronto last season, averaging 3.9 PPG, 5.7 RPG, and 16.6 MPG in a total of 49 games. Ryan Wolstat of the Toronto Sun tweeted that he expects Gray to receive the team's "room exception", which should be about $2.5MM annually.
With former lottery pick Jonas Valanciunas expected to join the team next season, retaining Gray appears to set Dwane Casey's rotation at the center spot. The former center out of Pittsburgh grabbed at least 7 rebounds in 21 games during limited minutes, and could readily take some pressure off of Valanciunas as he gets acclimated with the NBA game.
Gray's most notable games last year include an 11-point, 11-rebound effort in 23 minutes against Dwight Howard in a loss to the Magic and a 12-point, 12-rebound performance in 30 minutes during a win against the Pistons.