Greivis Traded to Toronto — Part of 7 man trade for Rudy Gay

According to the Toronto Star:

Coach Dwayne Casey has a capable backup point guard in Vasquez who should make it possible for Ujiri to move Kyle Lowry and his expiring contract — worth about $6 million — between now and February’s trade deadline.

And with good pieces having no significant salary obligations in Patterson, Salmons and Hayes, he got the deal done in time to assure any of them can be included in deadline transactions.

Gray is in the final year of a contract that will pay him $2.69 million this season and Acy makes a relative pittance of $788,000 and has no fully guaranteed deal for next season.

There is no long-term financial risk with the players coming back.

Hayes is on the books for $5.9 million next season, Salmons has a $1-million buyout on a non-guaranteed deal worth $7 million next season, Vasquez could become a free agent if Toronto doesn’t make him a qualifying offer of $3.2 million, and Patterson is the same with a qualifying offer of $4.3 million.

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