Raptors make a small trade and it's done
The Raptors have acquired James Johnson from the Chicago Bulls for a first-round pick in June's NBA draft.
After KC Johnson in Chicago reported the Raptors were going to acquire 6-9 forward James Johnson from the Bulls, Toronto officials confirmed the transaction.
The price is Miami's first round pick, the one acquired in the departure of Chris Bosh last summer, not a high price to pay since the pick is excepted to be lower than 26th or 27th in the draft and would carry with it three guaranteed years of salary for whoever was selected.
Johnson is under contract through the 2011-12 season with a team option for 2012-13.
The Raptors did have some interest in Johnson in the weeks leading up his draft; the one in which they selected DeMar DeRozan with the ninth pick.
Toronto general manager Bryan Colangelo had told me the other day he had some "minor" stuff percolating and that's precisely what this would be.
Am off in search of confirmation and comment; will be back with a full story later.