MADRID, Spain (AP) -Jose Calderon reached a ``preliminary agreement'' Tuesday to remain with the Toronto Raptors for another season.
The 26-year-old Spanish guard wrote on his Web site that his agent and the Raptors had reached a deal. However, Toronto cannot officially announce the signing until July 9.
``I want to thank ... all of the Raptors family for the confidence that they have placed in me. I am sure that together we are going to achieve big things in the future,'' Calderon said.
Calderon, who was in the Spanish capital on Tuesday to meet with his Spain teammates ahead of the Olympic Games, averaged 11.2 points and 8.3 assists in 82 games last season. He has averaged 8.7 points and 6.1 assists in 223 regular-season games over the last three seasons with the Raptors.

Top NBA Public Bets

NBA Top Stories

Thumbnail Updated NBA Finals Odds After a busy week with the NBA Draft taking place, which team improved their odds to win the 2018 NBA Finals?
Thumbnail Will Fox be a top-5 pick? With the 2017 NBA Drafttakes place later tonight. Where can we expect one of the top prospects, De’Aaron Fox, to land tonight?
Thumbnail Fultz to go to the 76ers? The Boston Celticshave traded out of the No. 1 pick. The Philadelphia 76ersnow hold the top pick once again. Is it a slam dunk who they will take in the NBA...
Thumbnail 2018 NBA Finals Odds After dominating the 2017 NBA Playoffs, will anyone keep the Golden State Warriors from winning the NBA Finals again...
Thumbnail Stephen Curry Game 5 Props Will Stephen Curry bounce back from a poor showing in Game 4 when the Golden State Warriors host the Cleveland Cavaliers in Game 5 of the NBA Finals tonight at 9PM...

NBA Team Pages