Friday, July 03, 2009

Hello, Hedo!

Hedo Turkoglu has reached an agreement in principle to join the Portland Trail Blazers, according to ESPN.

UPDATE:
Free agent forward Hedo Turkoglu changed his mind Friday and decided not to join the Portland Trail Blazers, opting instead to accept a five-year $53 million offer from the Toronto Raptors, sources told ESPN.com.

The decision left the Blazers livid and was a huge coup for the Raptors, who have promised Turkoglu all of the salary-cap space they will have from renouncing their rights to Shawn Marion, Anthony Parker and Carlos Delfino, which will likely add up to a starting salary in the $10.1 million range, with eight percent annual raises.

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