WASHINGTON, Feb. 8 (Xinhua) -- The Toronto Raptors announced Thursday they have acquired centre Marc Gasol from the Memphis Grizzlies in exchange for center Jonas Valanciunas, guard Delon Wright, forward C.J. Miles and a 2024 second-round draft pick.

"Marc brings significant playoff experience to our team, which along with his savviness and leadership skills really helps position us for our ultimate post-season goal," said Raptors president Masai Ujiri. "We look forward to welcoming Marc to our city and team."

The Raptors (40-16) currently sit in second place in the East. The addition of Gasol should help them keep pace with the Milwaukee Bucks, Indiana Pacers and Philadelphia 76ers in the playoffs phase.