Raptors extend qualifying offer to Fred VanVleet, two others

Toronto-Raptors

Toronto Raptors guard Fred VanVleet (23) celebrates after hitting a three-point shot. (Chris Young/CP)

The Toronto Raptors have extended qualifying offers to guards Fred VanVleet, Nando De Colo and forward Malcolm Miller, retaining each player’s restricted free agent rights.

https://twitter.com/RaptorsMR/status/1012063169311748097

The estimated value of VanVleet’s offer is about $1.7 million, while De Colo and Miller’s offers are about $1.8 million, and $50,000, respectively.

Fellow restricted free agent Lucas Nogueira’s qualifying offer — valued at an estimated $4.1 million — has yet to picked up, but Toronto has until June 30 to do so if it wants to retain the big man, lest the team decided renouncing his rights is a better call.

Of the three players the Raptors opted to extend qualifying offers to Wednesday, VanVleet is of particular interest as he will almost certainly decline the $1.7-million offer and become a restricted free agent where he’ll likely be in for a sizeable raise — from the Raptors or another team.

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