Greivis Vasquez rumors: Toronto Raptors near deal

Apr 25, 2014; Brooklyn, NY, USA; Toronto Raptors guard Greivis Vasquez (21) drives the ball during the second quarter against the Brooklyn Nets in game three of the first round of the 2014 NBA Playoffs at Barclays Center. Mandatory Credit: Anthony Gruppuso-USA TODAY Sports
Apr 25, 2014; Brooklyn, NY, USA; Toronto Raptors guard Greivis Vasquez (21) drives the ball during the second quarter against the Brooklyn Nets in game three of the first round of the 2014 NBA Playoffs at Barclays Center. Mandatory Credit: Anthony Gruppuso-USA TODAY Sports /
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When the Toronto Raptors signed Kyle Lowry to a contract earlier this month, many questioned if they’d put forth much of an effort to re-sign fellow free agent point guard Greivis Vasquez. It wasn’t that they didn’t want to keep Vasquez or that he wasn’t interested in returning, but investing significant money into both players was a question mark.

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However, despite Greivis Vasquez’s desire to be a starting point guard, it appears the two sides are working towards completing a deal, this according to the Toronto Sun.

"Toronto waived guard Julyan Stone on Monday and continues to work towards completing a deal with backup point guard Greivis Vasquez that could be done at any time, and officially signed off on Thursday. Vasquez told Venezuelan media that he would consider taking the $3.1 million qualifying offer from the Raptors, making him an unrestricted free agent next summer, because he still wants to be a starter, but that remains unlikely, since he loves the city and has had a more lucrative multi-year offer on the table from the Raptors for days, according to sources."

Vasquez came over from the Sacramento Kings in a mid-season trade which sent Rudy Gay to the California capital after both players struggled to start off the season. Playing behind Lowry, Vasquez put up solid numbers and while he’s a liability on defense, his unique size and passing ability helped the Raptors march their way into the postseason.

There have been no details about the price of the ‘more lucrative’ offer said to be offered to Vasquez.