Raptors announce multi-year extension with forward Thaddeus Young

TORONTO - The Toronto Raptors have signed forward Thaddeus Young to a multi-year contract extension.

The Raptors announced the deal Friday, though it had been widely reported after NBA free agency opened at 6 p.m. ET Thursday that Young had signed a two-year, US$16 million extension with the club.

Toronto acquired the six-foot-eight, 235-pound native of New Orleans on trade deadline day in February as part of a package that included disgruntled Goran Dragic and the Raptors’ first-round pick, in exchange for Young, San Antonio’s second-round pick and the since-waived Drew Eubanks.

Young averaged 6.3 points, 4.4 rebounds and 1.7 assists in 26 games for the Raptors. He averaged 3.3 points, three…