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Source: Raptors, John Lucas close

Updated: July 18, 2012, 5:59 PM ET
By Marc Stein | ESPN.com

The Toronto Raptors are closing in on the signing of free-agent point guard John Lucas III, according to sources close to the process.

Sources told ESPN.com the sides are in advanced discussions to finalize the terms on a multiyear deal to add Lucas to a backcourt rotation that had already been strengthened earlier this month by the Raptors' acquisition of Kyle Lowry.

One source said Wednesday the Chicago Bulls, who've employed Lucas for much of the past two seasons, were resigned ...

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