The Toronto Raptors announced Wednesday they have reached an agreement in principle with guard-forward Vince Carter on a multi year contract extension that will keep him with the Raptors through the 2007-08 season. The extension will take effect following the 2001-02 season, when Carter's current contract expires. Per team policy, financial terms of the deal were not disclosed. "This is a wonderful day for the Raptors and basketball in Canada," said Glen Grunwald, senior vice-president and general manager of the Raptors. "Not only is Vince a superstar on the court, but with the time and energy he devotes to charitable causes, he is one in the community as well.
"A huge part of the decision for me was the direction of the team. 'Are we putting ourselves in a position to contend year after year?' With the job Glen did this summer, I think we've done that. It sends a message to the rest of the league, and I wanted to reinforce that message today. "It's important to me that the fans understand how much they influenced my decision as well. Their support of both me personally and the team is unbelievable. We have a great situation happening here in Toronto and we want to build on it this season."
Carter, 24, has led the Raptors in scoring in each of his three NBA seasons. He averaged 27.6 points last season, fifth in the NBA. He set career highs in scoring average, three-point field goals made (162), three-point field-goal percentage (.408),