After changing his mind on Friday, Hedo Turkoglu has accepted a five-year, $53 million offer from the Raptors, sources told ESPN.com.

Earlier on Friday, Turkoglu had accepted an offer from the Trail Blazers.

Turkoglu reportedly gave Portland a verbal commitment on Thursday, but informed the club that he was having second thoughts on Friday morning.

The forward will make roughly $3 million more over the life of the contract in Toronto than he would have in Portland.