Chandler confirms trade to Raptors
Tyson Chandler(notes) confirmed to Yahoo! Sports that he is being traded from the Charlotte Bobcats to the Toronto Raptors as part of a three-team deal that also includes the Phoenix Suns.
The Arizona Republic reported the Suns would receive Hedo Turkoglu(notes) in the trade while sending Leandro Barbosa(notes) to the Raptors. The Toronto Star has reported that Charlotte could also send forward Boris Diaw(notes) to the Raptors as well as Chandler for guard Jose Calderon(notes). Raptors forward Reggie Evans(notes) also could be traded to Charlotte in the deal, which is still being worked out.
In a separate transaction, the Suns acquired forward Josh Childress(notes) in a sign-and-trade deal with the Atlanta Hawks. Childress will get a five-year, $34 million contract.
The trade represents some significant housecleaning for the Raptors, who gave Turkoglu a five-year, $52 million contract a year ago. Turkoglu struggled during his first season in Toronto and was briefly suspended by team management after he missed a game because he was sick only to be reportedly spotted at a nightclub later the same evening. After the season, Turkoglu made clear he would welcome a trade.
Turkoglu has four years and $43 million remaining on his contract. He reportedly will surrender his $5 million trade kicker to go to Phoenix. Calderon has three years and nearly $30 million left on his contract.
Chandler is in the final $12.8 million season of his contract. Diaw has two years and $18 million left while Barbosa has two years and $14.7 million remaining.
