Sources: Teams agree to Marion deal
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By Chad Ford and Marc Stein
ESPN.com
The Dallas Mavericks and Toronto Raptors, living up to the wild tenor of the past few weeks in the NBA, have hatched a complicated sign-and-trade arrangement that went through numerous constructions Wednesday before resulting in an agreement in principle that will send Shawn Marion to Dallas and also absorb the Raptors' much-anticipated signing of Hedo Turkoglu.
Sources close to the negotiations told ESPN.com on Wednesday night a trade call has been scheduled with the league office for Thursday, indicating all sides have agreed to the terms of a transaction that, in its final form, will also involve the Memphis Grizzlies and the Orlando Magic.
Sources said the Mavericks, after securing Memphis' participation as a third-team facilitator, contacted numerous teams to expand the deal and believed they were close to securing a fourth trade partner from the Eastern Conference. That team, according to ESPN The Magazine's Ric Bucher, was the Chicago Bulls and would have landed Tim Thomas with the Mavericks.
But one source close to the process later told ESPN.com that the deal was scaled back to a three-team arrangement without Chicago before it was expanded yet again to fold in the Raptors' signing of Turkoglu.
The deal, according to sources, calls for the Mavericks to acquire Marion and Kris Humphries from Toronto and Greg Buckner from Memphis, with Marion to receive a five-year contract worth an estimated $39 million. Buckner has had two previous stints with the Mavericks but is likely to be released, sources said.
The Grizzlies will land Jerry Stackhouse from Dallas, Quincy Douby from Toronto and a substantial cash payment to buy out Stackhouse's contract. Only $2 million of Stackhouse's $7.25 million salary next season is guaranteed, as long as he is waived by Aug. 10.
The Raptors will receive Devean George and Antoine Wright from the Mavericks, while also preserving their $5.9 million mid-level exception for the coming season by turning their acquisition of Turkoglu -- who is getting a five-year deal worth an estimated $53 million -- into a sign-and-trade as opposed to an outright signing. Assembling the trade this way could also enable Toronto to re-sign Carlos Delfino, after it appeared that the Raptors would have to renounce Delfino to help make room for the Turkoglu signing.
The Magic, meanwhile, were motivated to join in the trade because their participation, as opposed to merely letting Turkoglu walk, will create a valuable trade exception they can use in future deals worth around $7 million.
The inclusion of Humphries, Wright and George gave the Raptors more financial incentive to help Marion find a new home via sign-and-trade, as both George and Wright are heading into the final year of their contracts, while Humphries has two years left on his deal. Toronto, furthermore, is in need of a shooting guard after Anthony Parker signed Wednesday with the Cleveland Cavaliers, so adding Wright gives them a credible starter until newly drafted DeMar DeRozan is ready to contribute.
The main thrust of Wednesday's involved maneuvering, though, is Marion's move to Dallas, since Turkoglu's commitment to join the Raptors has been known since last weekend.
The Mavericks are hoping that the combination of Marion and Orlando restricted free agent Marcin Gortat -- along with the re-signing of Jason Kidd -- will greatly improve the depth and flexibility possessed by a team that won 50 games last season and advanced to the second round of the playoffs before losing to Denver. The Magic can match the five-year, $34 million offer sheet Gortat has signed with Dallas but are expected to let him go.
Mavs owner Mark Cuban has said for months he was prepared to be as aggressive as possible this summer as opposed to waiting for the free-agent bonanza of 2010, when Dallas was initially expected to have substantial cap space. With these moves, Dallas can start Marion at small forward next to Dirk Nowitzki and shift Josh Howard to shooting guard, with Sixth Man Award winner Jason Terry staying in a bench role. The Mavericks also believe that they will have a strong small-ball unit when they elect not to play Gortat or Erick Dampier, featuring Howard at small forward, Marion at power forward and Nowitzki at center.
Sources say the Mavericks are determined to keep Howard even with Marion on the way, believing that Howard will have a strong season with free agency looming in the summer of 2010. If there's a concern for Dallas, it's that Marion will be yet another key member of their core over the age of 30, joining Nowitzki (31), Kidd (36), Jason Terry (31) and Howard (who turns 30 next April).
Marion earned $17.8 million last season and was traded for the second straight February when Miami sent him to Toronto in a swap for Jermaine O'Neal. He went from Phoenix to Miami one year earlier in the Shaquille O'Neal trade.
Yet sources say Toronto was intent on re-signing Marion until the Raptors realized that they had an 11th-hour shot at convincing Turkoglu to back out of a verbal commitment he had given the Portland Trail Blazers, having seen late-season signs of promise in Marion's collaboration alongside Chris Bosh and Andrea Bargnani.
A deal with Dallas appeared to Marion's best and last hope for securing a new contract starting above the $5.9 million mid-level exception, given that the Cavaliers -- despite their recent pursuits of Trevor Ariza and Ron Artest and a well-chronicled need for a combo forward -- were not making a hard push for him.
The Mavericks on Wednesday also signed free-agent swingman Quinton Ross to improve their perimeter defense and replace the outgoing Wright. Dallas' moves also would appear to make it unlikely that it will try to bring back free-agent forward Brandon Bass.
"It's been a long day of looking at spreadsheets, reading NBA cap rules and rubbing my eyes," Cuban said via his Twitter account.
Marc Stein and Chad Ford are senior NBA writers for ESPN.com. ESPN The Magazine's Ric Bucher contributed to this report.