It's unlikely the Raptors will give up on Bargnani, not this season at least. Or maybe even next. He'll be given the opportunity again to be relevant, especially without the added pressure of starting and being taught by JO to grow some balls.
As much as he gets ripped constantly by Raptor fans, there are many NBA wise men who would think insanity to give up on a 22-yr old 7-footer who can shoot. There's just not too many bigs out there that can actually play. Exhibit A - da Bucks are giving Bogut a 72 mil contract....seriously now.