Wilson Chandler has until Thursday to receive an offer sheet from another team as he could only play for the Nuggets thereafter.

Chandler met with the Raptors last week, but no offer has been made.

Agent Chris Luchey confirmed that a one-year deal is out.

If Chandler doesn't sign a long-term deal with Denver, he won't play until the 12-13 season.

Luchey said "we're considering all options" and that it's realistic that Chandler could sign with a professional team in Italy this spring.