Just saw Toronto Globe and Mail is reporting the same: 5 years, over $50 million.
To do so, Toronto woulde renounce the rights to Marion, Anthony Parker, and Carlos Delfino. I'd like to see Danny go after any of the three with the LLE (even if Marion wouldn't accept that).
P.S. Reading that a sign-and-trade of Turkoglu to Toronto involving Marion, Parker, or Delfino is still possible. That would make things interesting: Marion in Orlando?