11:52am: The Raptors have officially announced that they’ve exercised their 2023/24 options on Barnes, Flynn, and Achiuwa, locking in approximately $16.26MM in total salary for the trio in ’23/24.
11:42am: The Raptors have exercised their team option on guard Malachi Flynn for the 2023/24 season, according to ESPN’s Adrian Wojnarowski (Twitter link), and are doing the same for their ’23/24 option on big man Precious Achiuwa, tweets Blake Murphy of Sportsnet.ca.
The 29th overall pick in the 2020 draft, Flynn has appeared in 91 games during his first two seasons as a Raptor, averaging 6.0 PPG and 2.3 APG in 16.1 MPG during that time, with a shooting line of .380/.326/.750. He’s currently recovering from a left cheekbone fracture and will wear a face mask to open the season.
As Murphy notes, Flynn’s fourth-year option wasn’t a lock to be exercised, since he has yet to establish himself as a regular rotation player in Toronto. However, the Raptors’ decision to guarantee his $3,873,025 salary for 2023/24 suggests they still believe he can become one.
Achiuwa, meanwhile, enjoyed a mini-breakout season after being acquired from Miami in last summer’s Kyle Lowry sign-and-trade. He averaged 9.1 PPG and 6.5 RPG in 73 games (23.6 MPG) for the Raptors in 2021/22, making 35.9% of his three-pointers.
Achiuwa was also Toronto’s most-used reserve in the team’s playoff series vs. Philadelphia, averaging 27.8 minutes per contest despite coming off the bench in five of six games. His fourth-year option for 2023/24 is worth $4,379,527.
The Raptors also hold a third-year option on Scottie Barnes, which will pay the reigning Rookie of the Year $8,008,680 in 2023/24. That option is a lock to be exercised before the October 31 deadline, but it’s not technically official yet, tweets Murphy.