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Raptors, Landry Fields agree on deal

Updated: July 4, 2012, 8:54 PM ET
By Marc Stein | ESPN.com

The Toronto Raptors have reached a verbal agreement with New York Knicks restricted free agent Landry Fields on an offer sheet, according to sources with knowledge of the deal.

Sources say that Fields will sign a three-year offer approaching $20 million. He cannot sign until July 11, the first day NBA players can sign new contracts.

The deal is expected to include a spike in Year 3 similar to the deal the Houston Rockets verbally agreed to this week with Chicago Bulls restricted free ...

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