According to ESPN sources, the Toronto Raptors have offered Jonas Valanciunas a four-year deal worth around $60 million.

In his third season with the Raptors, Valanciunas averaged 12 points and 8.7 rebounds in 80 games.

The seven-foot centre was playing with the Lithuanian national team before leaving to undergo medical examinations back in Toronto.

The 23-year-old was drafted fifth overall by the Raptors in 2011.