Sources: Raptors shopping pick for forward

The Toronto Raptors know exactly what they want out of the 2012 NBA draft:

An established, athletic wing man.

And that's why the Raptors have already made it known to rival teams that their lottery pick on June 28 -- No. 8 overall -- is available to a trade partner that can provide the elite small forward they seek, according to sources close to the situation.

With a slew of league execs having converged on Chicago this week for the NBA's annual pre-draft camp, sources told ESPN.com that the Raptors have at least two known trade targets: Memphis swingman Rudy Gay and Philadelphia's Andre Iguodala.

The Raptors, sources said, are prepared to part with their lottery pick in this month's draft at least partly because they have a lottery pick on the way. Lithuanian star Jonas Valanciunas, selected No. 5 overall by Toronto in the 2011 draft, is poised to join the Raptors next season after the young 7-footer quickly established himself as one of the most exciting big men in Europe.

Yet it remains to be seen whether Toronto can manufacture the other assets needed to go with the No. 8 to tempt Memphis or Philly or any other team that surfaces with a top swingman available. Veteran point guard Jose Calderon (who possesses an expiring contract in 2012-13) and young big man Ed Davis are among the players that the Raptors would conceivably be willing to put into a trade package.

As ESPN.com reported Sunday, Toronto also plans to be a determined suitor in free agency for Phoenix Suns point guard Steve Nash, hoping to bring Canada's former Olympic basketball captain and newly installed general manager of the senior national team back to home soil.

But if the Raptors decide, in the end, not to make a draft-night deal and keep the pick, they're expected to focus on the top guards that could be available at No. 8. Sources say that Toronto is intrigued by Syracuse's Dion Waiters, UConn's Jeremy Lamb and Weber State's Damian Lillard.