MONDAY, 1:54pm: The deal is official, the team announced via press release.

FRIDAY, 11:50am: Hamilton’s deal is partially guaranteed, according to Ryan Wolstat of the Toronto Sun (on Twitter). He adds that the odds of Hamilton making the team are long.

THURSDAY, 10:46am: The Raptors have reached agreement on a one-year deal with free agent Jordan Hamilton, according to Shams Charania of RealGM (on Twitter).

The Rockets acquired Hamilton from the Nuggets at the trade deadline in exchange for Aaron Brooks. The 23-year-old (24 in October) made eleven starts for the banged up Denver squad and also saw significant playing time with the Rockets. In total, Hamilton averaged 6.7 PPG and 3.2 RPG in 17 minutes per contest last season.

Hamilton drew a surprising amount of trade interest last season as the Knicks were also hot on his heels. The proposed trade would have sent Beno Udrih to Denver but the Nuggets wound up entertaining multiple offers for the youngster and chose to go with the Rockets’ pitch.

Hamilton auditioned for teams roughly one month ago and the Timberwolves were among those in attendance. However, he’ll be heading north of the border to join up with last year’s Atlantic Division champions.