By Alexander Abnos
July 03, 2012

The Toronto Raptors have made their first move in the NBA free agent chess match today, agreeing to a three-year offer sheet with Landry Fields that will pay the Knicks' shooting guard $20 million over three seasons.

The news was first reported by ESPN's Marc Stein in a series of tweets.

The offer is considered to be far above market value for Fields, a guard entering his third year who took a step back last season. After shooting 49 percent from the field including 39 percent from three-point range as a rookie, Fields' numbers dipped to 46 percent from the field and a woeful 25 percent average from three-point range in 2011-12.

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