Here’s a breakdown of where the Raptors currently stand financially:
Guaranteed Salary
- DeMar DeRozan —$26,540,100
- Jonas Valanciunas —$14,382,023
- DeMarre Carroll —$14,200,000
- Serge Ibaka —$12,250,000
- Kyle Lowry —$12,000,000
- Cory Joseph —$7,315,000
- Patrick Patterson —$6,050,000
- P.J. Tucker —$5,300,000
- Jakob Poeltl —$2,703,960
- Lucas Nogueira —$1,921,320
- Bruno Caboclo —$1,589,640
- Delon Wright —$1,577,280
- Pascal Siakam —$1,196,040
- Norman Powell —$874,636
- Fred VanVleet —$543,471
- Brady Heslip — $56,500 [Waived by team]
- Yanick Moreira —$50,000 [Waived by team]
- E.J. Singler —$50,000 [Waived by team]
- Jarrod Uthoff —$50,000 [Waived by team]
Total Guaranteed Salary= $108,649,970
Cash Sent Out Via Trade: $1MM sent to Suns in P.J. Tucker trade [Amount Remaining $2.5MM]
Cash Received Via Trade: $0 [Amount Remaining $3.5MM]
Payroll Exceptions Available
- Bi-Annual Exception — $2,203,000
- Trade Exception — $328,000 (Jared Sullinger trade) — Expires on 2/23/18
- Mid-Level Exception — $0 [Used to sign Jared Sullinger]
Total Projected Payroll: $108,649,970
Salary Cap: $94,143,000
Estimated Available Cap Space: –$14,506,970
Luxury Tax Threshold: $113,287,000
Total Projected Payroll For Tax Purposes: $109,086,930
Amount Below Luxury Tax: $4,200,070
Latest Update: 2/24/17
The Basketball Insiders salary pages and The Vertical’s salary database were used in the creation of this post.