12:19pm: Wolfson clarifies that he has no sense that the Raptors are interested in Bennett (Twitter link).

11:40am: Greivis Vasquez said in a press conference in his native Venezuela today that he’s heard the Timberwolves and Rockets like him and that while he’d prefer to remain in Toronto, he’s preparing to become a starting point guard if the Raptors trade him, as Basket Vinotinto relays in Spanish (Twitter links; hat tip to Sporando’s Emiliano Carchia). Vasquez is to make $6.6MM next season, the final of a two-year deal he signed last summer to serve as Kyle Lowry‘s backup.

The Rockets are reportedly planning a push to sign restricted free agent point guard Patrick Beverley, though they’d have a hole to fill at the position if he signs elsewhere and Houston doesn’t match. Statements from Ricky Rubio and Flip Saunders have seemed to tamp down rumors suggesting that either he, the team, or both have interest in trading him. Presuming Rubio stays in Minnesota, Vasquez would project as a backup there. Darren Wolfson of 1500 ESPN Twin Cities suggests the Wolves would indeed have interest in trading for Vasquez, though Wolfson hears mixed word on whether Toronto would want former No. 1 overall pick Anthony Bennett, a Canadian, whose salary would fit for a potential trade (Twitter link).

Houston can offer the Raptors cap relief in the form of Kostas Papanikolaou‘s non-guaranteed salary if the team picks up his team option. Vasquez has spent one full season as a starter, in 2012/13 with New Orleans, and he averaged 9.0 assists per game that year.