Blog Entry

Hedo, Raptors agree to 5-year, $53 million deal

Posted on: July 4, 2009 6:52 pm
Edited on: July 4, 2009 7:19 pm
Hedo Turkoglu has agreed to a five-year, $53 million deal with the Raptors, admitting through his agent, Lon Babby, that he changed his mind after giving a verbal commitment to Portland.

The saga took presumably its final turn Saturday when Babby briefed reporters on Turkoglu's verbal commitment, his second thoughts while touring the Blazers' facilities on Thursday, the surprise offer that came in from Toronto on Friday morning, and finally the breakdown of the talks with Portland and the agreement with the Raptors.

"He's committed to Toronto," Babby said on the phone Saturday. "We acknowledge that the process has been a tough one. The moratorium was designed to give free agents time to deliberate and make a decision. Hedo had given a verbal commitment to Portland, and went out there with every intention that he was going to follow through on it. It just never felt right to him, and Toronto jumped in unsolicited with a proposal."

Turkoglu got $3 million more than the Blazers were offering, and Babby has a promise from Toronto GM Bryan Colangelo that he will make whatever roster moves necessary to create the cap space needed to make room for Turkoglu. That involves, at minimum, renouncing the rights to free agents Shawn Marion, Carlos Delfino, and Anthony Parker.

UPDATE: Turkoglu met with Blazers coach Nate McMillan Wednesday night in Orlando and gave his verbal commitment before traveling to Portland on Thursday to tour the facilities. The plan was that Turkoglu was going to Portland to finalize the deal.

But Babby said Turkoglu began having second thoughts upon arriving in Portland. It was widely known that the other team that coveted him was Toronto, which has a large Turkish population, is a "cosmopolitan city" (according to Babby), and is several hours closer by air to Turkoglu's homeland. It was the city Turkoglu's wife was said to have favored from the start of the free-agent process.

But the Blazers made a swift and aggressive push for Turkoglu, becoming the first team to contact him at the start of the negotiating period at 12:01 a.m. Wednesday and putting their cards on the table: five years, $50 million, as reported here that morning. But a rival team executive who spoke to early Friday accurately predicted that Toronto would jump in with a pre-emptive offer and that Babby -- a shrewd negotiator -- would be willing to wait for Colangelo to clear the necessary cap space to follow through on it.

It turns out that by early Friday, Turkoglu already was seriously doubting whether Portland was the right fit and Babby already had communicated his client's second thoughts to Blazers management. Colangelo jumped in with his offer Friday morning, hours before numerous media outlets -- including this one -- began reporting the original agreement between Turkoglu and the Blazers.

UPDATE: Portland's front office initially was irate with Turkoglu's misdirection, according to a high-level source familiar with the situation, who used the word "reneged" to characterize Turkoglu's decision. Another source said the Blazers and Turkoglu had "different priorities," and that it was obvious that Turkoglu and Portland wasn't the right fit. Either way, the Blazers are moving on. They're expected to make a push for Knicks restricted free agent David Lee, who has not received the anticipated interest from teams with cap space like Memphis (which acquired Zach Randolph), Detroit (which spent its money on Ben Gordon and Charlie Villanueva), plus Oklahoma City and Sacramento, neither of which is taking an aggressive posture in the first wave of free agency. The Blazers also are expected to focus on a point guard such as Sixers free agent Andre Miller, and some rival executives wonder if GM Kevin Pritchard will make a play for Lakers free agent Lamar Odom.

The Blazers, Babby said, "are feeling somewhat aggrieved, and justifiably so. We just assumed we had made a verbal commitment and we had every intention of following through on it. ... There was never any intention of hurting anybody."


Since: Apr 27, 2008
Posted on: July 6, 2009 11:22 am

Hedo, Raptors agree to 5-year, $53 million deal

Hmmm... Revisionist History and Magic Math are wonderful things... Jharris uses them both.

Yes They were the better team because they won but still the Magic were a missed layup and a free throw away from winning it all. SOOO, maybe you should watch the games instead getting your news from friends and online sources.If you're talking to me, I watched every Lakers playoff game, and nearly all the other televised playoff games, and almost all the NBA games in my market during the year. I've been a NBA fan for over 40 years. Again I say, I've probably forgotten more about the NBA and sports than you've ever learned.

I watched Game 5 from a bar in Cancun. It was great, and full of Magic fans. These fans laughed when Kobe Bryant reinjured his finger early in the game, sensing a KB injury as their only real opportunity to get back into the series. Then these same fans(?) left early in the 4th quarter when the game was still in doubt... For some. It was great fun!! Laughing

Using your math and history skills, and ass-uming the Magic make that missed layup and/or the missed FT, that still leaves a 3-2 series with  Games 6 and 7 in LA. How does that spawn a NBA Championship for the Magic? Or, are you ass-uming that the Magic take another game somewhere? You truly have mystical powers sir, and they don't add up, even if your Tragic Formulas held. My mystical formula has the Lakers much closer to a sweep than the Magic winning the series.

That said... Perhaps you're unaware that tough NBA playoff games are won by making plays, not missing them? It's called "Championship Pressure"... Having been, or never having been there before... Making or not making enough plays... Being out-coached... Utilizing a superior bench... Making the big shots, and the big passes... Securing the big rebounds... Making the big block. I don't believe you've watched many games, or you get your info from friends and online sources, or you would know that this is actually how Big-Time NBA playoff series are won. Not by some Algebraic Equation that you formulate to fit your view of how the outcome shoulda, woulda, coulda changed. If that was the case, as a Lakers fan, I could say the Lakers were just a few points shy of their own 24-point comeback, and another couple of points shy of not losing a 20-point lead, from beating the Celtics in 2008. But that math and history, just the same as yours Jharris, simply doesn't add up.

Take the loss with grace, and recognize that with the Cavaliers and Celtics two big moves (Shaq and Rasheed Wallace), the Magic are now relegated to 3rd fiddle in the east. Vince Carter simply replaces the loss of Hedo. Wallace and Shaq are added components. Next year, the Magic will likely not repeat their success of this past season.

#16 in 2021.


Since: Apr 28, 2008
Posted on: July 5, 2009 11:43 pm

Hedo, Raptors agree to 5-year, $53 million deal

On the outside looking in we as fans don't actually know players personal situations when they make these decisions. But with that said I hope Hedo's decision was really for his family and being close to home than for the money like it looks. Because for 3 mil he will be on a lottery team for the next 5 years unless he can cry his way out of Toronto. Let's be real here, as with every "Franchise Player" the Raptors have ever had they can't  wait to get out and back to the States. They have never kept one. So Hedo enjoy your one year with Bosh cause his big pay day is else where you can bet that extra three mil on that. With Portland you could have been the missing key to something special as the big game vet not afraid to fail cause that's what there missing.

Since: Feb 24, 2007
Posted on: July 5, 2009 10:49 pm

Hedo, Raptors agree to 5-year, $53 million deal

Yes They were the better team because they won but still the Magic were a missed layup and a free throw away from winning it all. SOOO, maybe you should watch the games instead getting your news from friends and online sources.

Since: Mar 14, 2009
Posted on: July 5, 2009 10:41 pm
This comment has been removed.

Post Deleted by Administrator

Since: Aug 14, 2007
Posted on: July 5, 2009 8:39 pm

Hedo, Raptors agree to 5-year, $53 million deal

hey wartstew: turkoglu was born in istanbul, grew up there, has played for the turkish national team in the european finals and was an invite for the country to the 2006 world championships. where did you get the idea that he's serbian?
in any case, turkoglu may be alright for toronto, however the strength of cleveland, orlando and boston i think is too much of a hurdle to cover, unless calderon and bargnani have renaissance seasons.

Since: Sep 7, 2008
Posted on: July 5, 2009 8:21 pm

Hedo, Raptors agree to 5-year, $53 million deal

haha so you raptors fans think you are going to beat...who? not the celtics, thats for sure...not the cavaliers...not even the magic, the team hedo left from. probably not the hawks either...haah my god you guys r delusional...second round win. lol. id say making the playoffs is a reasonable goal for you

Since: Nov 28, 2008
Posted on: July 5, 2009 5:13 pm

Hedo, Raptors agree to 5-year, $53 million deal

Whatever the reason MAGIC are better off with out him! Who can't play with HOWARD, LEWIS, NELSON & CATER? (WALLACE, McDYESS, BASS or MARION) Good luck RAPS, look for MAGIC to win 60 plus.

Since: Dec 29, 2008
Posted on: July 5, 2009 4:49 pm

Hedo, Raptors agree to 5-year, $53 million deal

I am not one of the people who said that the tax rates are higher, I did reference it though.  And a quick check on Personal Tax Rates by Country, it is actually 28% in the USA and about 32% in Canada (reference Wikipedia Income Taxes By Country).  And I must say that the USA is basically the center of the economy, why do overseas markets open lower or higher based on information they receive from US reports.  A quality of life index is just someones opinion, probably who lives in Canada.  This is a sports website, so honestly I dont really care about USA vs. Canada tax brackets.  If he really cared about winning (which is less and less of a concern to pro athletes now a days) he would have stayed in Orlando.  Either way Orlando will continue winning without Hedo and Toronto fans will continue to root for the Maple Leafs....OUCH.....

Since: Apr 27, 2008
Posted on: July 5, 2009 4:38 pm

Hedo, Raptors agree to 5-year, $53 million deal

Bluebood - the fakers didn't win 5-1.  Try not to be a complete mor0n if you're going to post on here.
I love all the whiny little blazer fans.  Awwww, poor babies, Hedo didn't sign with you.  WAAAAAAA!!!!
And whoever said Hedo is a "big, slow european" is a complete id1ot.  Watch the nba every now and then.  It helps if you're going to post on boards about it.  Hedo isn't exactly fast, but I would never call him slow.  He went by Ariza consistently in the finals - in fact Ariza needed help on the weak side to guard him.

My bad trgeorge... Clearly the series wasn't a 5-1 series. I've probably forgotten more sports than you've likely ever learned, and a misplaced digit doesn't constitute a lack of knowledge. So don't take a simple typo and turn it into a "brilliant" discovery on your part, because it's not. As your post indicates, "my typo" stands corrected. And here's a another misplaced digit, aimed right at you... If you get my drift. Although, I doubt you do!!Laughing

That said, what's the point of your post? To call Blazers fans whiners for being upset about losing Hedo (who is a slow player comparitively speaking)? To call others who post here idiots, because you don't agree with them? To impart your wisdom by showing your understanding of the "weak-side"? WOW!! Or to compete in a NBA Game Watching contest? Again, WOW!!! Or are you lamenting the fact that the Celtics got blown out in the playoffs, and now can't even convince Rasheed Wallace to sign on? Or maybe you're a Magic fan who just can't face reality? Maybe you don't recall when Hedo's jumpers stopped falling, and Lewis couldn't score either, the turnovers mounted, and Stan Van Gumby <<< (to clarify for you, this was not a typo) could only rant and stand with his hands in his pockets, leaving the Tragic dead in the water, as most "real experts" predicted would occur?

Or maybe you just don't understand that beating a couple of flawed teams in the Leastern Conference Playoffs doesn't equate to taking on a complete team from the west. Although you should know that by now, because school was in session for guys like you a few weeks back. Learn anything, other than the ability to spot an obvious typo? Luckily for you, the Lakers decided to let you start your summer vacation a bit early!!Laughing

Either way, of course it was 4-1, and "shoulda, woulda, coulda" been 4-0!! It appears you only focused on my typo, and missed the point of my post. Not surprising.
But to your credit, you obviously recognize the improvement the Lakers have made by letting Ariza go, and picking up Artest? Good for you.

Enjoy the Celtics, or Magic, or whichever loser Eastern Conference team you root for bowing out to LA again next year!!

#16 in 2010.


Since: Sep 11, 2006
Posted on: July 5, 2009 3:59 pm

Hedo, Raptors agree to 5-year, $53 million deal

Lamar should sign with the Lakers. If he wants 10 million it will cost them 20 million a year to sign him. If he only wants
a measley 7.5 it will still cost them 15 because of the matching tax.

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