Jermaine O'Neal is very close to becoming the newest member of the Raptors as Indiana and Toronto have agreed in principle to a blockbuster trade, according to Adrian Wojnarowski of Yahoo! Sports.

The Pacers will reportedly send O'Neal to the Raptors in exchange for T.J. Ford, Rasho Nesterovic and the 17th pick in Thursday night's draft.

The teams have been going back-and-forth with medical information on O'Neal's knee and Ford's neck all week.

Toronto will also send another role player to Indiana to match up with O?Neal?s salary.