Garbo likely gonzo ...

Jorge Garbajosa gets some therapy for his legs during the 2008 playoffs in Orlando. SUN...

Jorge Garbajosa gets some therapy for his legs during the 2008 playoffs in Orlando. SUN MEDIA/Ernest Doroszuk

RYAN WOLSTAT -- Sun Media

, Last Updated: 11:04 AM ET

Jorge Garbajosa may have played his last game for the Raptors.

According to Spanish media reports, the Raptors are trying negotiate a buyout of the final year of Garbajosa's contract, worth $4.35 million US.

Garbajosa spent the majority of the past season recovering from a gruesome leg injury suffered in March 2006. The Raptors filed a lawsuit against the Spanish basketball federation in March, over money they felt they were owed on an insurance claim against Garbajosa's contract.

Raptors president and GM Bryan Colangelo said yesterday the team still was trying to come to a resolution in the case, but that he couldn't comment further.

Garbajosa, a 6-foot-9 Spanish forward, played just seven games this past season before having surgery on his left ankle and leg, to repair lingering damage from his injury.

The Spanish federation had taken out a $1-million insurance policy when Garbajosa -- against the Raptors' recommendations -- played for Spain at the European championships last summer.

Earlier this week, Spanish national team coach Aito Garcia Reneses included Garbajosa in his pool of players for the 2008 Beijing Olympic team.

Colangelo made it clear the day after the Raptors' season ended that they wouldn't permit Garbajosa to play in Beijing, saying: "it's a safe assumption that he will not be playing in the Olympics as long as he's under contract to us."

A Garbajosa buyout would keep the team further away from the dreaded luxury tax and provide Colangelo additional cap flexibility as he pursues trades, free agents and potential draft picks.

CALDERON FIRES AGENT

The Raptors reiterated last week that though offers are constantly being made for point guard Jose Calderon, the odds of him moving are nil since the club can match any offer. Now comes word that Calderon recently fired his American agent, while maintaining his European representation.

Connecting the dots, it appears Calderon, a restricted free agent, likely realized he would be returning to the Raptors, so paying considerable cash to a North American agent to promote him around the league made little sense.


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