The acquisition of Kyle Lowry became official on Wednesday, and with that, the Raptors have filled their “point guard of the future” role…for the next two seasons at least.

Lowry’s arrival, which probably makes him the best player on this team for the time being, most likely pushes Jose Calderon to the bench. President and General Manager Bryan Colangelo addressed this all today in a conference call, and in reference to Calderon, did state: “I’m not going to tell you that he was thrilled about the trade.”

Colangelo also went on to discuss the fact that teams have inquired about Calderon and added, “We’ve said it very clearly, nobody on the team right now is untradeable.”

I’ll have more coming over the next couple of days on what Toronto’s financial situation might look like as presently constructed, but for now I’ll just say that if Calderon’s large expiring contract (and the fact that the guy can run an efficient offence) can fetch something valuable on the trade market, the Raptors should explore that avenue. If not, Calderon will have to swallow his pride, come off the bench, and form a very formidable point guard combination between himself and Lowry. If he gets off to a good start, perhaps even better trade opportunities will arise during the season.

For now, here’s some more of Colangelo’s statement: