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.

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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