2023 NBA free agency: Raptors’ Gary Trent Jr. will pick up $18.6 million player option

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Instead of becoming an unrestricted free agent, Toronto Raptors guard Gary Trent Jr. will pick up his 2023-24 player option, worth $18.6 million, agent Lucas Newton and Klutch Sports head honcho Rich Paul told Turner Sports’ Chris Haynes.

If this seems surprising, it might be because the 24-year-old was eligible to sign a four-year deal with the team of his choosing this summer, perhaps in a similar salary range. Instead, the Raptors can trade him anywhere as soon as he officially opts in, and, if he doesn’t sign an extension, long-term security will have to wait until next summer.

Trent wants to stay in Toronto and intends to work on a new deal with the front office, according to Haynes. He’ll be eligible to sign an extension on July 6, as soon as the moratorium period ends.

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Did Trent go this route because he and his reps thought it was a smarter financial move than taking his chances on the open market? Even though he’s the right age for the rebuilding teams that have cap space this offseason, this is possible. Trent’s 2022-23 season wasn’t quite as strong as his previous one, and…

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Source link : https://www.cbssports.com/nba/news/2023-nba-free-agency-raptors-gary-trent-jr-will-pick-up-18-6-million-player-option/

Author : James Herbert

Publish date : 2023-06-20 18:47:22

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