NBA.com News Flash
Jul 1, 2007 7:1pm ET
Report: Jason Kapono to the Toronto Raptors
Marc Stein of the ESPN.com writes, "Free agent sharpshooter Jason Kapono has quickly reached an agreement Sunday to leave the Miami Heat and sign a four-year deal believed to be worth $24 million with the Toronto Raptors. The NBA's free agent period commenced at 12:01 Sunday morning, with free agents unable to formally sign contracts before July 11."