Source: ESPN.comthe Raptors appear to be closing in on a trade for an additional first-round pick. Colangelo has called every team with multiple picks looking for something in the 20s, according to sources. He’s offering cash (the team can pay up to $3 million for a pick) to any team that doesn’t want to make a three-year commitment to a late first rounder. A few teams, including the Thunder and Nets, have said no. But teams with multiple first-round picks (like the Grizzlies) or teams trying to save cash or a luxury tax hit (see the Orlando Magic) are in Colangelo’s sights.



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