According to ROTOWORLD (via Toronto Sun):
The Raptors remain interested in trading Andrea Bargnani, according to
president Bryan Colangelo.

"I still would say thereís value in Andrea as a player," said
Colangelo. "I get the fact that a change of scenery is probably best for all
sides. Iíve publicly acknowledged that but, again, the new guy is going to have
to decide how to handle it and there are a few options." Colangelo is
referencing the new general manager who has yet to be hired, and we'd bet
Bargnani starts next season elsewhere. It's hard to see the Raptors getting
anything of real value in return for the former No. 1 overall pick.