Raptors Re-Sign Michael Stewart
Aug. 10, 1999
TORONTO (AP) _ The Toronto Raptors re-signed center Michael Stewart to a six-year, $24 million contract Tuesday, leaving the team with about $6 million in salary cap room to offer to Charles Oakley.
The 6-foot-10 Stewart joined the Raptors in January as a free agent after spending his rookie season in Sacramento. He averaged only 9.4 minutes per game with Toronto and scored just 61 points in 42 games.
``After losing John Wallace to the Knicks, we had to step up to secure our talented young big players,'' Toronto general manager Glen Grunwald said. ``Michael is an important part of our team's young nucleus and strengthens our presence up front along with Kevin Willis and the addition of Antonio Davis.''
The Raptors have offered $6 million a year to Oakley, who was asking for $8 million. Toronto has been discussing numerous sign-and-trade deals involving Oakley, with the Los Angeles Lakers and Indiana Pacers believed to be the leading contenders to acquire the 35-year-old forward.