The Toronto Raptors have re-signed centre Aaron Gray to a two-year contract according to Adrian Wojnarowski of Yahoo! Sports.
Gray was signed to a one-year deal by the Raptors last summer and played in 49 games, with 40 starts.
A second-round pick in 2007, Gray averaged 3.9 points, 5.7 rebounds and 16.6 minutes last season for the Raptors.
The seven-foot, 270-pound centre made $2.5 million last year and is expected to backup incoming rookie Jonas Valanciunas.
Gray will sign a two-year agreement with the Raptors, source says.
— Adrian Wojnarowski (@WojYahooNBA) July 8, 2012