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: Jul 23, 2008
Posted on: July 4, 2009 11:26 pm

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

They added Carter and If he would have stayed, they would have really been set for a run at the championship. They still will be but they need to find a replacement for the big man.

Since: Jan 12, 2008
Posted on: July 4, 2009 10:47 pm

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

Wheeler:  yeah, we get paid in cash as well.  Don't bunch everyone up together. 

Big Brad
Since: Jul 3, 2009
Posted on: July 4, 2009 10:44 pm
This comment has been removed.

Post Deleted by Administrator

Since: Aug 21, 2007
Posted on: July 4, 2009 10:41 pm

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

Yes the blazers can do much better than turky reniger.Plus doesnt he know that he will have to pay a ton more tax in canada so there goes the 3mil

big d brandon
Since: Mar 10, 2009
Posted on: July 4, 2009 10:32 pm
This comment has been removed.

Post Deleted by Administrator

Since: Sep 19, 2006
Posted on: July 4, 2009 10:20 pm

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

This just shows you that Hedo Turkey Glue has no class and is not a man of his word.  I hope he fails miserably for the rest of his career.  He went for the money, not the love of the game.  How sad is it that he and so many other players only care about them money.

Since: Jan 6, 2007
Posted on: July 4, 2009 10:13 pm

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

Who are you kidding, The Blazers are no closer to the Championships then the Raptors. Sure the Raptors had a horrible season last year but they were projected to do much better, things just fell apart. If the team gets back on track they can be a real threat in the east. The Blazers are a better team then Toronto, im not arguing that, but they are also situated in the West, and that conference has been much stronger in the top 8 then the East in recent years. Portland has a pretty huge mountain to climb if they want to get to the championship and I just dont see them doing it.

The Raptors are hard strung to make the Championships as well, but this move makes them better, I could easily see them making the top 5 teams in the east and possibly advancing past the second round in the playoffs, but they have a ton to prove after last season. Maybe im being optimistic but I view last season as more of the acception than the rule.

Since: Aug 22, 2007
Posted on: July 4, 2009 10:09 pm

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


Since: Jul 7, 2008
Posted on: July 4, 2009 8:59 pm

All about the Money

Hedo had an offer from the Blazers that he should have taken. The Blazers are the much better team and much closer to being a championship contender than the Raptors. I like Bosh a lot but the front court is a bit soft. Bargnani was a number 1 pick and still hasn't emerged as a solid and consistent pro. DeRozzan is all potential and therefore IF he becomes a good player it will take a few years. Theres no depth on the team either. I can see this team at best being an 8 seed in the playoffs next year, assuming this team stays healthy and plays well. 

I thought he made a verbal commitment with the blazers and I would have loved to see him play there. The Raptors though really...? 

Since: Dec 29, 2008
Posted on: July 4, 2009 8:58 pm

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

First of all, I would like to thank Hedo Turkoglu for the years of service to the Orlando Magic organization.  He will be a big loss, and Toronto gained a great shooter, and a clutch 4th quarter scorer.  He was a main key in the success of the Magic this year and the previous two.  With that being said, I must say that for him to go to Toronto for 3 million more a year is a joke.  Why would you forfeit a chance at the finals for years to come, especially with the addition of Vince Carter as a viable SG, for 3 million more.  With Jameer, Vince, Hedo, Rashard and Dwight, a deep playoff run would have followed for years to come.  Welcome back to basketball obscurity Hedo Turkoglu, wasnt that the reason you seeked exit from Sacramento?  I mean him winning come back player of the year was partially because of him and partially because Orlando had a good team.  I hope that Toronto runs a zone type defense because Hedo is only a team defender and cannot hang with anyone in 1 on 1 defense. 

Go Magic

The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or