Raptors Pick Up Option On Ed Davis

October 17 2012 at 5:51pm CST By Alex Lee

The Raptors have announced, via press release, that they have exercised the fourth year option on the rookie contract of Ed Davis, keeping him in a Toronto uniform through at least 2013-14.  The Raptors had until October 31 to pick up the option on Davis or risk losing him in free agency next summer.  While the team didn't disclose the financial terms of the deal, Davis should be due about $3.15MM in 2013-14.

After being drafted 13th overall in 2010 by Toronto, Davis has mostly come off the bench for the Raptors, averaging 7.0 points, 6.9 rebounds and 1.0 blocks in just under 24 minutes per game. While Davis certainly hasn't emerged as anything more than a rotation player yet, this decision was probably an easy one for the Raptors given his ability to grab boards and block shots.

With the October 31 deadline looming, we should expect a lot of teams to make decisions in the next few weeks.  We saw earlier today that the Kings picked up options on the rookie deals of DeMarcus Cousins and Jimmer Fredette.  Be sure to follow Hoops Rumors' rookie-contract 2013/14 option tracker for the latest.

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