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Raptors Trade Cory Joseph For The Draft Rights To Emir Preldzic

The Toronto Raptors have officially acquired the draft rights to EuroLeague veteran forward Emir Preldzic from the Indiana Pacers in exchange for Canadian guard Cory Joseph.

Preldzic, 6-foot-9, 220 pounds, began playing professionally in 2003 and spent eight seasons (2007-15) with  Fenerbahçe of the EuroLeague. He played the past two seasons with  Darüşşafaka (2015-16) and Galatasaray (2016-17) in the Turkish League.

A native of Zenica, Bosnia and Herzegovina, the 29-year-old Preldzic was originally selected 57th overall by the Phoenix Suns in the 2009 NBA Draft. His draft rights have subsequently been held by Cleveland, Washington, Dallas and Indiana.   

He has career averages of 6.7 points and 3.1 rebounds over 10 seasons in Europe, so he isn’t expected to (ever) be coming over to the NBA.

It is anticipated Toronto will now use their mid-level exception to sign the Pacers unrestricted free agent forward C.J. Miles to a three-year $25 million deal.