BREAKING NEWS: WTF TURKOGLU SIGNS WITH RAPTORS

Forget my post earlier! Free agent forward Hedo Turkoglu changed his mind Friday, deciding not to join the Portland Trail Blazers, opting instead to accept an offer from the Toronto Raptors, sources told ESPN.com. The Raptors last-minute bid will give Turkoglu all of the salary-cap space they will get by renouncing their rights to Shawn Marion, Anthony Parker and Carlos Delfino. The Raptors expect to have about $10.1 million in cap space to give to Turkoglu for his first-year salary; he would get an eight percent annual raise over the next four seasons of the deal, a source told ESPN.com.

The Raptors have until July 7 to renounce Marion, Delfino and Parker, so it remains a possibility and that a sign-and-trade deal could take shape. But as of now, it is a straight-up deal between Turkoglu and Toronto. Turkoglu's decision to go to the Raptors sent shock waves throughout the NBA as he apparently became the first player to renege on an agreement in principal since Carlos Boozer left Cleveland for Utah in 2004.