"My future will be known when Toronto and my agents make a decision," Calderon said. "They are working daily for the best solution for me and the franchise. Now, there isn't anything new to say."
Calderon is Toronto's highest-paid player with the departure of All-Star Chris Bosh. He'll make $9 million this coming season, but his contract increases to $9.7 in 2011 and $10.5 million in 2012.
HoopsVibe's Very Quick Call: One man's junk is another man's, well, junk.
It's no secret Toronto Raptors GM Bryan Colangelo is having difficulty trading Jose Calderon and the remaining three-years and $30 million on his contract.
After all, Michael Jordan and the Charlotte Bobcats exposed Colangelo and Calderon when 'His Airness' pulled an audible in mid-air and cancelled a trade to acquire the Spanish point guard in July.
For a variety of reasons, Calderon could be staying put:
1) The recession is lingering. A lockout is coming next July. In this economy, few teams have the resources or desire to assume Calderon's big-ticket.
2) The teams that can afford Calderon want better value. For instance, he's earning star money but - with his poor defense and health - is really a reserve.
3) The league is stacked with point guards. Last year, Tyreke Evans, Jonny Flynn, Stephen Curry, Brandon Jennings, Jrue Holiday, Eric Maynor, Ty Lawson, and Darren Collison entered the league, and proved they could start or come off-the-bench.
Two years ago, Derrick Rose, Russell Westbrook, D.J. Augustin, Jerryd Bayless, George Hill, Mario Chalmers, and Goran Dragic were drafted and have also shown they can play.
These young table-setters, who are tied to cheap rookie contracts, have killed the trade market for expensive veterans like Calderon.
4) Calderon thrived when Toronto played an up-and-down system. Back then, offensive basketball was enjoying a brief renaissance.
Steve Nash and the Phoenix Suns aside, the renaissance is over. Defense is in demand, which means Calderon - the NBA's worst perimeter defender - is not.
So Colageno could be stuck with Calderon, a player he supported, paid, and has turned on. Things could get awkward if Calderon is in Toronto for 2011.
All will be noted by Maple Leaf Sports and Entertainment, the wealthy holding company that owns the Raptors, when Colangelo's contract expires next summer.
And the organization will not have any of these difficulties cutting ties with their underachieving executive.
Got thoughts? Well, get at HoopsVibe News in the comment box below.