NBA Rumors: Jose Calderon on His Way out of Toronto

Talib BabbCorrespondent IJuly 14, 2012

CHICAGO, IL - MARCH 24:  Jose Calderon #8 of the Toronto Raptors runs the offense against the Chicago Bulls at the United Center on March 24, 2012 in Chicago, Illinois. The Bulls defeated the Raptors 102-101 in overtime. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Jonathan Daniel/Getty Images)
Jonathan Daniel/Getty Images

Toronto Raptors guard Jose Calderon will find a new home soon according to ESPN's Marc Stein.

The Raptors and Calderon's representative are working with each other to set up a trade for the seven-year veteran.

Calderon will take a backup role if he remains a Raptor after the team just traded for their new starting point guard, Kyle Lowry. Calderon's agent Mark Bartelstein stated that he and Raptors president Bryan Colangelo are working together to find a trade that is suitable for both parties.

Bartelstein expressed the feelings of his client after the trade was announced.

"There's a little bit of a logjam there in the backcourt now," Bartelstein said. "Bryan and I are talking and we're putting our heads together to see what we can do to find a solution."

Calderon has known no other NBA home, as he has spent all six years of his NBA career in Toronto. Last season he averaged just over 10 points and 8.8 assists per game. He has also been one of the best free-throw shooters in the league throughout his career.

He is due to make $10.6 million this season, so the Raptors would like to send him to a team that has the salary-cap space. That would create a trade exception and give them some financial flexibility for the future. 

The Dallas Mavericks were the team most interested in Calderon, but those desires have simmered down since they just acquired point guard Darren Collison from the Indiana Pacers. A move to Dallas could potentially put Calderon in a loaded backcourt, which is the same sticky situation he is in now with Toronto.

Colangelo stated that the Raptors have received "multiple inquiries" about Calderon. If he is not traded now, he will be kept for the short term and possibly traded before the trade deadline in February.