Adrian Wojnarowski: Gary Trent Jr., has agreed to a three-year, $54M deal to return to the Toronto Raptors, his agent and @KlutchSports CEO Rich Paul tells ESPN. Deal includes a player option on third year.
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The Toronto Raptors officially tendered Trent Jr. a qualifying offer, as expected, which will make him a restricted free agent. Several people around the league believe Trent Jr. could command $18-20 million annually.
Koreen: Another tidbit from your combine piece: You reported league sources believe the Raptors will keep Trent, a restricted free agent. That has always made sense to me. I have a philosophical query about negotiating with restricted free agents, though. At 22, there is lots of potential room for growth for Trent. Saying that, given Collins, Allen, Lonzo Ball, Duncan Robinson, Kendrick Nunn and Lauri Markkanen are all restricted free agents, you wouldn’t expect Trent to be the guy that draws the too-rich-for-our-blood offer sheet from a young team trying to improve its talent base in any way possible.
Leagues sources also widely expect Gary Trent Jr. to return to Toronto, given that his minuscule $2.2 million cap hold has negligible impact on the Raptors’ space.
Eric Koreen: Would returning to Raptors be interesting to restricted free agent Gary Trent Jr? “For sure, most definitely.” Points out that the organization has plenty to say about that.
Trent has a small $2.1 million cap hold which is very valuable to Toronto. They could spend all their cap space and then go over the cap to re-sign Trent to what he commands. They can generate around $22 million in cap space assuming they get a mid-to-late lottery pick, and they waive all non-guaranteed contracts except Chris Boucher. Newly acquired Hood is non-guaranteed for next season, so it’s possible that the Raptors buy him out now since they will likely cut him this offseason.
Jason Quick: Gary Trent Jr. says he intends to play the season out and become a restricted free agent rather than negotiate a contract extension. In a sense, this is him betting on himself rather than trying to nail down the security of a multi-year deal. Good incentive for him to play well
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