The Raptors are "likely" to offer Rudy Gay a contract extension in the offseason, a source told Yahoo! Sports.
Gay is signed through the 2013/14 season and then has a player option for 2014/15 at a little over $19M. It seems early to start extension talks, but the Raptors have committed to Gay for the long haul. Toronto has plenty of time to work out a new deal with Gay.