Report: Jonas Valanciunas signs 4 year deal with the Raptors

First came the news that Jonas Valanciunas had left the Lithuanian national team to return to Toronto. Then came the rumours of contract numbers and medical tests. Today, it appears a deal between Toronto and Valanciunas has been reached.

We'll give Yahoo's Adrian Wojnarowski the honour of reporting the news:

Toronto center Jonas Valanciunas has agreed to a four-year, $64M extension, league sources tell Yahoo. Deal could escalate to $70M

— Adrian Wojnarowski (@WojYahooNBA) August 20, 2015

There it is. Four years, somewhere in the range of $64-70 million. [Edit: the fourth year is a player option.] For Valanciunas, at seven feet tall and 23 years old, coming off a year that saw him post averages of 12.0 points (on 57 percent shooting) and 8.7 rebounds with plenty of potential to improve, it feels like money well spent.

What do you guys think of the deal?

UPDATE: It's been confirmed that the deal is for a flat $64 million over 4 years. No bonuses.