2017 Offseason Salary Cap Digest: Toronto Raptors

Having acquired Serge Ibaka and P.J. Tucker at the trade deadline, the Raptors looked well-equipped to make a run in the Eastern Conference playoffs and perhaps even challenge the Cavaliers, a year after falling to Cleveland in the Eastern Finals. However, the Raps got all they could handle from the Bucks in the first round, then were thoroughly dominated by the Cavs in a second-round sweep. With a handful of key players – including Ibaka, Tucker, and All-Star point guard Kyle Lowry – eligible for free agency, a “culture reset” may be on tap for the franchise.

Here’s where things currently stand for the Raptors financially, as we continue our Offseason Salary Cap Digest series for 2017:

Guaranteed Salary

Player Options

Team Options

  • None

Non-Guaranteed Salary

Restricted Free Agents

  • None

Cap Holds

  • Serge Ibaka ($18,375,000)
  • Kyle Lowry ($18,000,000) — If player option is declined
  • Patrick Patterson ($11,495,000)
  • P.J. Tucker ($10,070,000)
  • No. 23 overall pick ($1,645,200)
  • Total: $59,585,200

Projected Salary Cap: $101,000,000

Maximum Cap Room: $20,910,939

  • With nine players on guaranteed salaries and a cap hold for a first-round pick, the Raptors could add two cap charges for empty roster spots for a total team salary of $80,089,061. However, that scenario would involve waiving Powell and VanVleet, not to mention renouncing Lowry, Ibaka, Patterson, and Tucker. That’s not realistic. It’s far more likely that Toronto stays over the cap and makes an effort to re-sign some of its own free agents, forgoing potential cap room.

Footnotes:

  1. Powell’s salary becomes fully guaranteed after June 29.
  2. VanVleet’s salary becomes fully guaranteed after July 20.

Salary information from Basketball Insiders and The Vertical was used in the creation of this post.

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