The Toronto Raptors and the representative for veteran guard Jose Calderon are working together to try to find a new home for Calderon via trade.

After ESPN.com reported Thursday that Calderon would welcome a trade after the arrival of Kyle Lowry to become the Raptors’ new starting point guard, agent Mark Bartelstein confirmed Thursday night that he and Raptors president and general manager Bryan Colangelo are “working together” to try to find a workable trade.

Sources close to the situation say Calderon, while undeniably attached to the city of Toronto after spending his entire six-year NBA career there, is hoping the Raptors can find a trade home for him now that it’s been made clear the Raptors have no plans to release the Spaniard through the NBA’s amnesty clause.

The Raptors, sources say, are open to a trade but want to send Calderon to a team with salary-cap space that can absorb the Spaniard’s $10.6 million salary, thereby creating a trade exception for Toronto and giving them added financial flexibility for further moves.

via Marc Stein of ESPN Dallas