"Hedo Turkoglu has reached an agreement in principle to join the Portland Trail Blazers, according to sources.

Although a verbal commitment may be announced sooner, the terms of the contract cannot be finalized until Wednesday, after the NBA informs teams what next year's salary cap will be.

Turkoglu

The Orlando Magic's recent trade for Vince Carter, who has a large salary and plays small forward -- which is Turkoglu's position -- made it highly unlikely Turkoglu would be back in Orlando.

The Toronto Raptors expressed interest, but that was constrained by their other efforts to keep Shawn Marion and Carlos Delfino.

Turkoglu, a 6-10 forward from Turkey who played a prominent role in the Magic's recent trip to the NBA Finals, had been looking for a five-year deal in the neighborhood of $50 million."