Raptors moving on from Gary Trent Jr?

Now, with the market drying up, one league insider suggested Trent would be “lucky” to get the mid-level exception, valued at $12.5 million. A few reports have linked him to the Lakers, where it’s possible he could only earn half of that. Meanwhile, the Raptors’ offer is no longer on the table. Since they had initially discussed the framework of a deal, they used their first-round pick on Ja’Kobe Walter, a guard in Trent’s mould. -via TSN / July 9, 2024

Per a source, the Raptors were willing to bring the sharpshooter back at an annual salary of around $15 million when the negotiation window opened last month, but Trent’s camp was looking for a raise on the $18.5 million he made last season. Something in the $25 million range was believed to be the ask, a misread of a market that hasn’t been kind to players of Trent’s ilk – a very good three-point shooter (38 per cent as a Raptor) who has shown flashes in other areas but hasn’t been able to sustain them, especially on defence. -via TSN / July 9, 2024

Michael Grange: A note on Gary Trent Jr. who remains unsigned. My understanding is Raptors didn’t want to go much beyond $15 million a season on any new deal while GTJ was looking for something north of where he ended last season ($18.5 million in final year of 3yr deal for $52 million). -via Twitter @michaelgrange / July 8, 2024