The Toronto Raptors announced Tuesday they have exercised the third-year team options on the Rookie Scale Contracts of forward Bruno Caboclo and centre Lucas Nogueira.

The contracts for Caboclo and Nogueira are now guaranteed through the 2016-17 season. In accordance with the league’s Collective Bargaining Agreement, the Raptors had until October 31 to exercise their option on both players.

Caboclo, 6-foot-9, 218 pounds, was selected by Toronto with the 20th overall pick in the 2014 NBA Draft. The native of Brazil split last season between the Raptors and Fort Wayne in the NBA D-League. He averaged 1.3 points, 0.3 rebounds and 2.9 minutes in eight outings with Toronto and 3.4 points, 1.9 rebounds and 8.9 minutes in seven games with Fort Wayne.

Nogueira, 7-foot, 241 pounds was acquired from Atlanta on June 30, 2014. He saw action with the Raptors and Fort Wayne in the NBA D-League last season. He averaged 1.0 points, 1.8 rebounds and 3.5 minutes in six outings with Toronto and 8.3 points, 10.0 rebounds and 20.0 minutes in four contests with Fort Wayne.

Anthony Bennett has signed a one-year deal with the Toronto Raptors for the league minimum.

Bennett underwent a physical on Sunday morning.

Bennett held a strong desire to return to his Toronto roots and play for the Raptors.

The Minnesota Timberwolves agreed to a buyout with Bennett this week and he cleared waivers.

Anthony Bennett is expected to sign with the Toronto Raptors early next week.

Bennett agreed to a $3.65 million buyout with the Minnesota Timberwolves and is expected to sign with the Raptors for $947,276.

Bennett grew up in the Toronto area and the Raptors have a need at power forward.

Anthony Bennett has cleared waivers and will become an unrestricted free agent.

The Toronto Raptors are a strong frontrunner to sign Bennett, who grew up in the area.

Bennett's reps pushed for a buyout with Minnesota and tried to dissuade teams from claiming him on waivers.

The Philadelphia 76ers and Portland Trail Blazers could have claimed Bennett using cap space, while the Cleveland Cavaliers could have used a trade exception to absorb Bennett.

Masai Ujiri confirmed the Toronto Raptors will not negotiate with DeMar DeRozan on an extension during the season.

DeRozan is expected to decline his player option at the end of the season and is eligible for significantly more money if he doesn't sign an extension.

“There will be no extension talks with DeMar [before the end of the 2015-16 season],” Ujiri told Free Association. “He can only extend for a certain amount of money and I just foresee that DeMar sees himself- and we see him- as more than that type of a player. So I think DeMar is going to wait to see how it goes this year and do the best deal for himself, and we’ll do the best deal for ourselves, too.”

Raptors 905, the NBA Development League affiliate of the Toronto Raptors, has hired Tim Lewis, Nathaniel Mitchell and David Gale as assistant coaches on head coach Jesse Mermuys’ staff.

“This is an exciting time for Raptors 905 and all three coaches are eager to be part of building this program,” said Mermuys. “The staff we have assembled are proven professionals and committed to doing the right things each day to make Mississauga and the Greater Toronto Area proud.”

Lewis joins Raptors 905 after one season as an assistant coach with the Bakersfield Jam (NBA D-League), which finished second in the Western Conference with a 34-16 record. A native of Great Britain, Lewis has international coaching stops in Spain (Gran Canaria), Japan (Hitachi Sunrockers) and Germany (Ratiopharm Ulm). He spent six years as an assistant coach and performance analyst for the British Senior Men’s Olympic program and served as head coach of Great Britain’s U-20 National Basketball Team.

Mitchell joins Raptors 905 following one season with the Maine Red Claws (NBA D-League). A native of Toronto, Mitchell, along with Red Claws head coach Scott Morrison, of Prince Edward Island, guided Maine to a 35-15 mark, which tied Santa Cruz for the best regular-season record in the League.

Gale has been part of the Raptors organization since 2011 in the role of assistant video coordinator. The Sherman Oaks, California native assisted the Raptors coaching staff with defensive game-plans and identifying opponent play calls from the bench past two seasons. During the summers Gale was based in Los Angeles and helped organize workouts for DeMar DeRozan, Terrence Ross and Bruno Caboclo.

Landry Fields underwent surgery for a hip labral tear and will miss five months of the season.

Fields remains a free agent.

Fields, 27, played an increasingly diminished role with the Toronto Raptors over parts of the past three seasons