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The Toronto Raptors continued their makeover yesterday, signing free-agent point guard Jarrett Jack to an offer sheet.

Reports in Indianapolis and Toronto pegged the four-year offer at more than $16-million, with The Globe and Mail reporting the amount at $20-million.

Jack, 26, a 6-foot-3 guard with four NBA seasons of experience, made $2-million last season with the Indiana Pacers.

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The Pacers have seven days to match Toronto's offer, but it's believed doing so would put the team over the league's $69.9-million luxury tax figure next season.

Jack has appeared in 322 career games, averaging 10.4 points, 2.7 rebounds, 4.0 assists and 28.6 minutes. He's also played with the Portland Trail Blazers.

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