Toronto preparing a five year $60 million offer for Turkoglu
Quick and Freeman – Oregon Live
Sources say Toronto is preparing an offer of five years and $60 million for Turkoglu. Meanwhile, Dwight Howard, the star of his former team – Orlando – reportedly made a call to Turkoglu on Tuesday night to express his desire for him to re-sign with the Magic. Turkoglu opted out of his contract with Orlando, foregoing $7.3 million this season.Turkoglu, 30, plays small forward, a position that is already heavily fortified for the Blazers. If he signs in Portland, it would probably signal a trade of either Martell Webster, Nicolas Batum or Travis Outlaw.
Portland has a payroll of $50 million, with the ability to shave $1.7 million by renouncing the rights to former first-round picks Petteri Koponen and Joel Freeland. The Blazers will be one of five teams that expects to be under the league’s salary cap when it is announced on July 8, joining Detroit, Oklahoma City, Memphis and Toronto.
However, in order for Toronto to clear enough money to sign Turkoglu to the five-year, $60 million deal, it would have to renounce the contracts of Shawn Marion, Anthony Parker, Carlos Delfino, Patrick O’Bryant and Quincy Douby. The team is leery of taking that path, having that same tactic backfire last season when it created room for the arrival of Jermaine O’Neal.