Jonas Valanciunas and the Toronto Raptors have reportedly agreed upon a contract extension.

Adrian Wojnarowski reports the deal is worth $64 million over four seasons with a player option for Year 4.

Valanciunas averaged 12.0 points, 8.7 rebounds and 1.2 blocks in 26.2 minutes per game last season, his third in the NBA. Valanciunas' PER has increased in each season, going from 15.6 as a rookie to 16.1 in 13-14 and 20.6 in 14-15.