Toronto has acquired Chris Paul as part of a three-team trade involving the Los Angeles Clippers and Brooklyn Nets, though the veteran guard is unlikely to suit up in a Raptors uniform, ESPN’s NBA insider [Shams Charania reports](https://x.com/ShamsCharania/status/2019150626886734089?s=20).
Under the deal, Paul is sent to Toronto, while Ochai Agbaji, a 2032 Raptors second-round pick, and cash considerations go to Brooklyn.
Charania reports the Raptors will not require Paul to report to the team and may continue discussions involving a potential trade over the next day.
The move takes Toronto out of the luxury tax, while the Nets receive an additional asset and cash to help cover Agbaji’s salary.
The Clippers, meanwhile, clear a roster spot and save approximately $7 million in tax, according to the report.
_This is a breaking news story, more details to come..._