Report: Raptors, EuroLeague star Matt Thomas agree to contract


Matt Thomas, seen here in 2017 when he played for Iowa State, hits a three-point field goal against Kansas State during an NCAA college basketball game. (Bryon Houlgrave/The Des Moines Register via AP)

The Toronto Raptors have reached an agreement with EuroLeague star Matt Thomas on a three-year contract, according to multiple reports.

Varlas Nikos of was first to break the news, while Shams Charania of The Athletic reports the deal is worth $4.2 million.

The 24-year-old spent four years at Iowa State from 2013-2017 before heading overseas. He spent the 2017-18 season with Obradoiro CAB in the Spanish league. The 6-foot-4 shooting guard then signed a two-year contract with the Valencia Basket but the deal came with an opt-out clause that allowed him to pursue an opportunity in the NBA.

Thomas is best known for his terrific three-point shooting, connecting on 47.7 per cent of his attempts from beyond the arc in 2018-19.

Overall, he averaged 12.7 points per game for Valencia this past season en route to a EuroCup title where he went 10-for-16 from distance in the Finals.

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