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Gilgeous-Alexander, Murray Headline Canada’s Preliminary Olympic Roster

June 19th, 2024 at 2:42pm CST by Luke Adams

Canada Basketball has formally announced its preliminary roster for the upcoming 2024 Olympics in Paris. The 20-man group will have to be trimmed to 12 players for Paris.

Here are the 20 players vying for spots on Team Canada’s Olympic roster, which will be coached by new Nets head coach Jordi Fernandez:

All 12 players who helped Canada clinch an Olympic berth and claim a bronze medal at the 2023 World Cup are included in the preliminary roster, along with several notable newcomers, including Murray, Wiggins, Lyles, and Nembhard.

Trail Blazers guard Shaedon Sharpe and Pacers guard Bennedict Mathurin, whose seasons ended earlier due to injuries, will also attend training camp with Team Canada, but won’t be in the mix for roster spots this summer, according to today’s announcement.

Even without Sharpe or Mathurin in the mix, the Canadians can put together a formidable NBA-heavy squad that should be in contention for a medal in Paris. Gilgeous-Alexander, Barrett, Brooks, Dort, Powell, Olynyk, and Alexander-Walker were the top seven players on last year’s squad and look like relatively safe bets to represent Canada again. If Murray, Wiggins, Lyles, and Nembhard were to join them, that would leave just one open spot for the remaining nine invitees.

One notable omission from the 20-man preliminary roster is veteran guard Cory Joseph, who spoke to Michael Grange of Sportsnet.ca earlier this week to express his disappointment about being left off the list. Joseph was unable to compete for a spot on the World Cup team last year due to a back injury, but was among the 14 players who made a commitment in 2022 to be part of Canada’s “summer core” for the current Olympic cycle.

“I took the honor of playing for your country very seriously and did it many times over the years,” Joseph told Grange. “This is not me complaining, I’m not a complainer. But there were times when I put FIBA basketball and playing for my country over my NBA situation at the time, whether I was in a contract year and I had no contract at the time and I went to go play for my country, whether I had little bumps and tweaks, I was there. Whether guys came or not, I always thought we still had a chance. For me it’s a little disheartening to be like, ‘Wow, I wasn’t even given an opportunity to compete for whatever position?’

“… I had planned to go to camp, and when you’re talking about the (last three or four spots) on the roster, there’s a pool of talented guys you could put on the roster, (but) I don’t see, in that situation, where I wouldn’t at least be invited to camp to be one of those guys (to compete for a spot), so that’s where my disappointment is with the organization. … I don’t want to take away from the fact that Canada Basketball is in a great place. This is not that. I love all those guys. I want them to do well. Quote that. I just think I should have been invited to camp at the very least, 100 per cent.”

Team Canada will hold its training camp in Toronto from June 28 to July 7 before heading to Las Vegas for an exhibition game vs. Team USA on July 10. The Canadians will also play exhibition matches with France on July 19 and the winner of the Puerto Rico Olympic qualifying tournament on July 21.

Canada will be in Group A at the Olympics, along with Australia. The group will be filled out by the winners of the qualifying tournaments in Spain and Greece.

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International Notes: All-Star Game, Embiid, Wembanyama, Canada

March 23rd, 2024 at 7:31pm CST by Arthur Hill

In an appearance with Gayle King and Charles Barkley on CNN (video link), Commissioner Adam Silver said the NBA will consider a U.S. vs. international format to revamp the All-Star Game. It’s one of several ideas that were brought up after last month’s All-Star Weekend in Indianapolis, which concluded with the East defeating the West 211-186 in a contest that was low on competitiveness and defensive effort.

Silver called it “a great weekend, but it was not a basketball game,” and said changes to the format are being studied.

“I think maybe as opposed to trying to create a super competitive basketball game, which I am not sure the teams or the players really want, we should do different things and make it a celebration of basketball,” Silver said. “… “We are going to look at U.S. vs. international. I just think maybe we are past that point where we are going to play a truly competitive game.” 

There’s more news from around the basketball world:

  • Joel Embiid opted to join Team USA in the Summer Olympics, assuming he’s healthy enough, but French basketball officials say they had serious discussions with the Sixers center before the decision was made, per Joe Vardon of The Athletic. Jean-Pierre Siutat, president of French basketball, and former NBA player Boris Diaw, general manager of the French men’s team, contend they had two meetings with Embiid regarding the possibility that he might play for France. “He said, yes, I want to (play), make the (passport),” Siutat said. “So I make the job, with the help of the government, to get a passport for him and for his son. And all the time, he said, ‘I want to play for the national team of France.’” Embiid disputes that version of events through a spokesman, claiming he never asked for a passport, Vardon adds.
  • Victor Wembanyama is setting the bar high as he tries to win a gold medal while playing at home in Paris, according to a Eurohoops story.  “Any other result than the first place would be a failure since we could have done better,” the Spurs rookie said. “You shouldn’t have any regrets, but it’s a very achievable goal”.
  • Canadian coach Jordi Fernandez is looking to fill out his Olympic roster around a core group consisting of Shai Gilgeous-Alexander, Luguentz Dort, RJ Barrett, Kelly Olynyk, Nickeil Alexander-Walker, Dwight Powell and Dillon Brooks, notes Eric Koreen of The Athletic. Jamal Murray is expected to join them if health permits, and international star Melvin Ejim could get a spot as well. Koreen expects Canada to search around the NBA for the remainder of its 12-man roster.
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Raptors Notes: Boucher, Olynyk, Poeltl, Quickley, Banton

March 10th, 2024 at 12:04pm CST by Luke Adams

Entering Thursday’s contest in Phoenix, Raptors big man Chris Boucher hadn’t played more than 12 minutes in a game since January. However, he scored 11 points in nearly 24 minutes of action vs. the Suns, and after Toronto quickly fell behind by double-digits in the opening minutes in Portland on Saturday, another opportunity emerged for Boucher, who helped lead a fourth-quarter comeback that sent the game to overtime

Although the Raptors ultimately lost the game, Boucher finished with 16 points, eight rebounds, and three blocked shots in a season-high 31 minutes. Speaking to reporters later in the night, Boucher said that head coach Darko Rajavkoic has been open with him as his minutes have fluctuated this season, adding that he understands why his role hasn’t been consistent.

“We talk. He knows me and knows what I can bring and all,” Boucher said, per Michael Grange of Sportsnet.ca. “Sometimes things don’t go the way you want. The team’s had a lot of changes and I got caught in the middle. I know they know what I’m able to do, and everyone knows that I can change the game and all. I don’t think anyone thinks I can’t play, it’s about more than me.”

Boucher is under contract with the Raptors for one more season beyond this one, with a $10.81MM guaranteed salary for 2024/25. However, it’s possible – especially following last month’s acquisition of Kelly Olynyk – that he’ll emerge as a trade candidate this summer.

Here’s more on the Raptors:

  • From a team-building perspective, the Raptors might prefer that their top two centers – Jakob Poeltl and Olynyk – were a little younger, but having those two veterans under contract for at least the next two seasons gives the club some certainty and stability at the position, according to Eric Koreen of The Athletic, who notes that the team will be able to focus its efforts and resources on upgrading other positions.
  • In a separate story for The Athletic, Koreen highlights Immanuel Quickley‘s recent strong play, writing that the guard is increasing his price tag ahead of restricted free agency. In nine games since the All-Star break, Quickley is averaging 21.8 points, 8.1 assists, and 6.1 rebounds per contest while making 43.0% of his three-point attempts.
  • Former Raptor Dalano Banton helped lead the Blazers to a victory on Saturday, racking up 25 points in 42 minutes against his old team. As Josh Lewenberg of TSN.ca tweets, one of Masai Ujiri‘s gripes about the previous coaching staff was that it didn’t do enough to develop its young players, including Banton. With that in mind, it was a little surprising that Toronto didn’t do more last summer to retain Banton – who could have been a restricted free agent if the Raptors had given him a qualifying offer – in order to see how he might’ve developed under Rajakovic, Lewenberg observes.
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Raptors Notes: Olynyk, Carton, Gueye, Barnes

March 5th, 2024 at 10:01pm CST by Dana Gauruder

The contract extension that Kelly Olynyk reached with the Raptors had an added bonus: It clears the way for the longtime member of the Canadian Olympic team to play in the Paris Olympics, Josh Lewenberg of TSN Sports notes.

If he had been a free agent, it would have been difficult to secure insurance ahead of Canada’s training camp, which opens in Toronto in late June.

“That was definitely a big part of it, as well, getting this out of the way,” he said. “To not have [the contract situation] on your plate and your mind, just be able to play free and easy, and then obviously in the summer just be able to work out, train, and be present right at the start with no complications was a big factor. That also played a huge part in the decision.”

Olynyk, acquired from Utah, signed a two-year, $26.25MM extension. The Toronto native hopes to remain with the Raptors the remainder of his career.

“They traded for me, they wanted me here,” Olynyk said. “Just to reciprocate that love and show that I do want to be here, too – I’ve wanted to be here since I was four years old. It’s special, to create that trust and that bond. Hopefully I’ll be here for the rest of my career.”

We have more on the Raptors:

  • Securing Olynyk’s services on a reasonable contract was a savvy move by the franchise, according to The Athletic’s Eric Koreen. Olynyk’s first year salary of approximately $12.8MM is less than the $18.3MM cap hold he would have had as a free agent. That potentially will give Toronto $5.3MM in extra cap room. On the court, Olynyk’s skill set will help head coach Darko Rajakovic continue to build his movement-heavy offense, Koreen adds.
  • The two-way contracts for D.J. Carton and Mouhamadou Gueye are both two-year deals, Blake Murphy of Sportsnet tweets. They’ll get the full guarantee allowable (50% of a 2024/25 two-way contract) if they remain with the team on two-way deals next season. The Raptors also have option to convert their contracts to standard deals at any time over the two-year period.
  • Scottie Barnes hasn’t formally been ruled out for the season after he underwent hand surgery on Monday, Lewenberg tweets. “Everybody would like him to come back and finish the season,” Rajakovic said. “I know he’s eager but we just don’t have enough information at this time.”
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Kelly Olynyk, Raptors Finalize Two-Year Extension

March 4th, 2024 at 4:56pm CST by Tristan Tucker

Raptors center Kelly Olynyk has agreed to a two-year, $26.25MM contract extension with Toronto, according to ESPN’s Adrian Wojnarowski (Twitter link). The team has officially announced the deal.

The Raptors acquired Olynyk at the trade deadline alongside Ochai Agbaji in exchange for Otto Porter, Kira Lewis and a late 2024 first-round pick.

As we relayed on Thursday, there was optimism the two sides would be able to reach an agreement on a new contract. As we noted at the time, the lottery-bound Raptors likely wouldn’t have traded first-round capital if they didn’t envision Olynyk being part of their future.

Olynyk, who was on an expiring contract, was eligible to agree to an extension with the Raptors up until June 30 to avoid free agency. The league’s extend-and-trade rules allowed the big man to sign for up to two years, with 5% annual raises, and he’ll receive that maximum amount. After earning $12,195,122 this season, Olynyk will make $12,804,878 in ’24/25 and $13,445,122 in ’25/26.

According to TSN’s Josh Lewenberg (Twitter link), the two sides have been working on the deal since Olynyk was acquired at the deadline.

The 32-year-old Canadian has appeared in nine games with the Raptors since the trade. He’s averaging 9.6 points, 4.2 rebounds, 2.9 assists and 1.6 steals per night, while shooting 46.0% from the floor and 26.3% from beyond the arc for Toronto. On the season as a whole, spanning 59 appearances with Utah and Toronto, he holds averages of 8.3 points, 4.9 rebounds and 4.2 assists.

Because Olynyk’s new deal doesn’t exceed the extend-and-trade limitations, he’ll remain trade-eligible once the offseason begins, though it seems unlikely that the Raptors will flip him to a new team before the 2024/25 season.

As Michael Grange of Sportsnet.ca observes (via Twitter), addressing his contract situation now means that Olynyk won’t have to worry about it if and when he reports to Team Canada’s training camp in late June ahead of the 2024 Olympics.

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Optimism For Kelly Olynyk Extension With Raptors

February 29th, 2024 at 7:56am CST by Luke Adams

An agreement on a contract extension between the Raptors and Kelly Olynyk will likely be reached at some point, according to Doug Smith of The Toronto Star (Twitter link). Michael Grange of Sportsnet.ca agrees, tweeting that there is “lots of optimism” about the two sides striking a deal, though the timing is yet to be determined.

Olynyk began the season in Utah, but was sent to Toronto in a deadline deal along with teammate Ochai Agbaji in exchange for a package that included a first-round pick. The Raptors likely would’ve been less willing to give up that 2024 first-rounder if they weren’t relatively confident about their chances of retaining Olynyk – a Toronto native – beyond the expiration of his current contract this summer.

Olynyk, who has averaged 9.4 points, 3.4 rebounds, and 2.7 assists in 18.9 minutes per game across his first 17 appearances as a Raptor, will be extension-eligible all the way up until June 30, though he’ll only be able to tack up to two years onto his current deal and won’t be eligible for a raise greater than 5% due to the NBA’s extend-and-trade rules.

The Canadian big man will turn 33 in April and is earning approximately $12.2MM this season, so those limitations may not be an issue. Grange suggests that a two-year deal in the neighborhood of $25MM might be about right for the 11-year veteran. His max extension prior to free agency would be worth $26.25MM over two years.

A new deal for Olynyk isn’t expected to have any direct impact on Jakob Poeltl‘s future in Toronto, since the two centers have different skill sets and will play different roles. The Raptors presumably don’t envision Olynyk taking the starting job from Poeltl, who has three years and $58.5MM left on his contract beyond this season (those figures include a 2026/27 player option).

While Olynyk could end up signing an extension at some point in the coming days or weeks, it wouldn’t be a surprise if negotiations go well into the spring or even the summer. After the Raptors acquired Thaddeus Young at the 2022 trade deadline, for instance, they waited until the evening of June 30 to announce an extension of the forward’s expiring contract.

If Olynyk decides he’d prefer to test the market, perhaps to seek more than two years or a starting salary higher than $12.8MM on his next contract, he could opt for free agency and sign a new deal with the Raptors or another team in July.

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Rockets’ Stone Discusses Adams Deal, Green, Deadline Talks

February 13th, 2024 at 4:00pm CST by Luke Adams

After the Rockets acquired Steven Adams a week before the trade deadline in a move with next season in mind, the front office had plenty of discussions about deals that would’ve helped the team more in the short term, writes Jonathan Feigen of The Houston Chronicle (subscription required). According to Kelly Iko of The Athletic, Houston kicked the tires on players like Kelly Olynyk, Andre Drummond, Jericho Sims, and Xavier Tillman, among others, but couldn’t find a trade that worked for both sides.

“We certainly weren’t going to do something that would hurt us on a going-forward basis,” general manager Rafael Stone said. “The moves we were the most excited about were moves where we thought that could help us in the short term and also the long term, the moves subsequent to (the trade for) Steven.
 
We were very excited about acquiring Steven. Subsequently, a lot of the ones we had long discussions about were moves that would have provided elements this year maybe that we don’t have, as well as stuff for the future.

“But they didn’t happen, and we’re fine with that. We like our group, and this gives everybody on our current roster an opportunity to shine.”

If the Rockets had wanted to make a more significant deal, it would’ve likely required them to part with a player from their young core: Alperen Sengun, Jalen Green, Jabari Smith, Tari Eason, Amen Thompson, or Cam Whitmore. But Stone said the team wasn’t looking to move on from any of those youngsters, adding that he and head coach Ime Udoka were in agreement on the deals they pursued and those they didn’t.

“We’re looking at the long term more so than anything,” Udoka said. “When you have that many young, talented players, you want to see what they become and not rush to judgment on anything.
 … 
As far as those guys, everyone’s going to check in when you have this amount of young talent. We’re trying to win. We’re in the development and winning stage at the same time, so people checked in. We knew they would. They are talented young guys, and we have some duplicated positions there. We like what we’re seeing from those guys and want to see what we are as a whole unit.”

Here are a few more of Stone’s most notable comments from Monday’s post-deadline media session:

On the acquisition of Adams:

“I think we got a really high-level basketball player. A guy who’s been a dominant rebounding force in the NBA for the last five, six years. One of the best defenders in the NBA. We obviously feel great with Alperen, but now we have two truly starter-level centers next year. Depth is extraordinarily important. On top of that, he’s a very different player and will be a good complement on and off the court for our group.”

On the long-term fit of Jalen Green, whose name popped up in some pre–deadline rumors:

“Jalen has been and continues to be, on paper, a great fit with us. He has a skill set that isn’t really replicated on our roster. My expectation of him – and he knows this, and I think he echoed in his postgame comments – my expectation is that the defense, which has gotten better, is still going to get a lot better. That the physicality and the efficiency are all going to get better. He needs to take those steps. That’s extraordinarily important. He’s aware of it. We’re aware of it. And that’s the challenge for him and for us.”

On Stone’s assessment of his own job performance in the past year:

“I’m happy with the choices we made. I think for the most part, we’ve gotten what we want. And the additions of Fred (VanVleet) and Dillon (Brooks) were necessary and really important. I like that we brought Boban (Marjanovic) back. I like that we have Jeff (Green). I love the hire of Ime. And then I think we did well drafting Cam and Amen. So we had a very successful offseason, which set us up to make the right steps for this season.

“But I would say for myself, similar to our young guys, it’s not good enough. And so they need to improve. Our front office — not just me, all of us, our coaching staff, all of us — we’ve got to continue on the grind and make sure the choices we make between now and the end of the season, the ones in the offseason all set us up to have the best possible chance to win a championship in the short term. Not meaning like a year or two, but not 20 years either. And that’s very much our goal. And my goal.”

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Atlantic Notes: Brunson, Knicks, Olynyk, Agbaji, Brown, Sixers

February 11th, 2024 at 9:31am CST by Luke Adams

The Knicks appear to have avoided an injury scare with Jalen Brunson, as the All-Star point guard returned to the lineup on Saturday following a one-game absence due to an ankle sprain. Brunson showed no ill effects from the injury, scoring 39 points on 14-of-25 shooting, per Mark W. Sanchez of The New York Post.

Despite Brunson’s return and the debuts of newly acquired role players Bojan Bogdanovic and Alec Burks, the Knicks remained shorthanded due to injuries and lost on Saturday to Indiana, writes Peter Botte of The New York Post. The team is especially banged up in the frontcourt, where Precious Achiuwa was forced to play 43 minutes vs. the Pacers. With Mitchell Robinson, Julius Randle, Isaiah Hartenstein, and Jericho Sims all inactive, Taj Gibson logged 19 minutes on the first day of his second 10-day contract with New York.

“I thought for the first game (with the new additions), there were some obviously good things and obviously there’s a lot for them to adjust to. As a team, I think we have to do a lot better,” head coach Tom Thibodeau said. “We’re shorthanded. We’re going to have to play a lot harder and a lot tougher.”

While their first game with the Knicks didn’t go as planned, both Bogdanovic and Burks expressed excitement about the opportunity to join a playoff team after spending the first half of the season with the league-worst Pistons. According to Botte, Burks – a former Knick – didn’t want to leave New York in the first place and said repeatedly that he’s “glad to be back.”

Here’s more from around the Atlantic:

  • As Josh Lewenberg of TSN.ca details, new Raptors Kelly Olynyk and Ochai Agbaji both have connections to the franchise — Olynyk grew up in Toronto rooting for the Raptors, while Agbaji’s father is old friends with team president Masai Ujiri. The two former Jazz players expressed excitement about their new circumstances, with Agbaji suggesting it feels like a “fresh new start” and Olynyk noting that he and the Raptors have had mutual interest in the past. “It’s always been on our radar, both of our radars,” the big man said. “I think maybe it’s been close [before], but it’s hard for me to know [for sure]… But [now that] it did happen, it’s pretty awesome.”
  • Raptors wing Bruce Brown was considered one of the top trade candidates on the market leading up to the deadline, but he ended up staying put. He’s happy with that outcome, as Michael Grange of Sportsnet.ca tweets. “It feels great, it feels great,” said Brown, whose contract includes a $23MM team option for 2024/25. “Obviously it’s nice to have some stability. … I”m glad to be here for the rest of the season and then try and work things out.”
  • Although the Raptors were enthusiastic about the moves they made on the trade market, they’ve completed a full-fledged overhaul of their roster in the past six weeks or so, and their lack of continuity showed in Saturday’s blowout loss to Cleveland, Grange writes at Sportsnet.ca. “Obviously, it’s really tough,” Olynyk said. “You don’t know really what’s going on on both ends of the floor. I think that was probably pretty evident in the first half.”
  • Keith Pompey of The Philadelphia Inquirer takes a look at a “whirlwind” couple days for Sixers trade deadline additions Buddy Hield and Cameron Payne, who played significant minutes as starters for an injury-depleted Philadelphia team on Friday, then helped lead their new club to a victory in Washington on Saturday.
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Raptors Notes: Deadline, Brown, Olynyk, Agbaji, Trent, Dinwiddie, Barnes

February 9th, 2024 at 8:25am CST by Luke Adams

The Raptors made a pair of deals on deadline day, but they did their most significant work on the trade market earlier in the season when they sent OG Anunoby to New York and Pascal Siakam to Indiana. In the view of general manager Bobby Webster, Thursday’s moves were more about balancing the roster a little and preparing for the offseason, as Josh Lewenberg of TSN.ca relays.

“We did our heavy lifting about a month ago,” Webster said. “So I feel like this trade deadline we cleaned up a lot of things and we addressed some of the things we talked about after the OG and Pascal trades.”

The new-look Raptors currently have an 18-33 record, the sixth-worst mark in the league. A poor finish to the season could put them in position to hang onto their own 2024 first-round pick, which will be sent to San Antonio if it doesn’t land in the top six.

However, as Webster pointed out on Thursday, the NBA’s lottery system offers no assurances – the sixth-worst team is more likely to end up in the No. 7-9 range than to pick in the top six – so there will be no effort to game the system down the stretch. Toronto’s focus will be on developing young talent and getting the new core players familiar with one another.

“We’re going to prioritize seeing this group play,” Webster said. “If it ends up that we’re in the top six, sure. But especially with the way the new NBA rules are, to try to game that doesn’t make a ton of sense. At the end of the day, it’s going to [come down to] the lottery balls. I think the big priority for us is playing that young group together, getting (2023 lottery pick) Gradey (Dick) in there with that group, seeing how they fit together because that will give us a lot more information about how to build this team and what moves to make this summer.”

Here’s more on the Raptors:

  • Toronto was seeking a first-round pick beyond 2024 for Bruce Brown and didn’t want to take back multiyear money, according to Lewenberg. With no team willing to meet that asking price, the Raptors hung onto the veteran wing, whose deal includes a $23MM team option for next season. “Had we gotten the offers we wanted for Bruce we would’ve done something,” Webster said (Twitter link). “At the same time, Bruce is 27, he has a really interesting contract, he provides a professionalism and toughness that we value, and there’s options with Bruce this summer.”
  • The Raptors will look to sign newly acquired big man Kelly Olynyk to a new contract and keep him beyond the current season, sources tell Jake Fischer of Yahoo Sports. Webster said on Thursday that Olynyk wants to be in his hometown of Toronto, per Eric Koreen of The Athletic. “We’ve been big fans of Kelly,” Webster said. “I think the way we view him specifically is he’s a steady hand and I think we’ve seen it with the bench units, especially with the bigs, he’s going to provide a skill set of veteran presence, a voice that we think that unit could use some help with.”
  • Reiterating that the Raptors never intended to use all the 2024 draft picks they controlled, Webster suggested the team was happy to use one of those lesser assets to acquire Olynyk and to add a young player in Ochai Agbaji, tweets Lewenberg. Webster described Agbaji as a “hard-working, high-character” player with “a lot of upside.”
  • Gary Trent Jr., who is on an expiring contact, remained with the Raptors through the trade deadline. Webster said the plans for Trent are “a little TBD” and that the team is looking forward to evaluating him down the stretch (Twitter link via Lewenberg).
  • The decision to waive Spencer Dinwiddie after acquiring him from Brooklyn means that Scottie Barnes will get more point guard reps the rest of the way, according to Blake Murphy of Sportsnet.ca (via Twitter). Murphy adds that Toronto intends to fill its two open 15-man roster spots and will consider all avenues, including prospects from the G League and overseas.
  • In a story for Sportsnet.ca, Murphy explores how the Raptors’ latest in-season trades alter their salary cap outlook going forward.
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Raptors Acquire Olynyk, Agbaji From Jazz For 2024 First-Round Pick

February 8th, 2024 at 2:52pm CST by Luke Adams

2:52pm: The trade is official, the Raptors and Jazz announced in a pair of press releases.

9:38am: The Jazz have agreed to trade center Kelly Olynyk and wing Ochai Agbaji to the Raptors, sources tell ESPN’s Adrian Wojnarowski (Twitter link). According to Wojnarowski, Utah will receive Kira Lewis, Otto Porter, and a 2024 first-round pick from Toronto in the deal.

That 2024 first-rounder will be the least favorable of the Thunder’s, Clippers’, Rockets’, and Jazz’s picks, per Wojnarowski (Twitter link), so it figures to land near the end of the first round. Utah’s pick is top-10 protected, meaning there’s a scenario in which the Jazz end up hanging onto their own first-rounder and receive a separate pick (likely OKC’s or L.A.’s) as a result of this deal.

While it’s a little surprising to see a lottery-bound team like the Raptors surrender a first-round pick, the deal will net them a solid big man in Olynyk and a promising young prospect in Agbaji, who was the 14th overall pick in the 2022 draft.

Assuming the Raptors intend to hang onto Olynyk, the Toronto native will become the ninth Canadian to play for the franchise and will provide some depth in a frontcourt that’s relatively thin behind Jakob Poeltl. A forward/center who can stretch the floor, Olynyk is averaging 8.4 points, 5.1 rebounds, and a career-high 4.4 assists in 20.4 minutes per game across 50 appearances this season. The 32-year-old has made 42.9% of his three-pointers, boosting his career rate to 37.0%.

Olynyk is on an expiring contract, but the Raptors will control his Bird rights this offseason, giving them the ability to go over the cap to re-sign him or to figure out a sign-and-trade.

As for Agbaji, the young wing hasn’t shown much offensive game since entering the league last season, but is a solid defender who still has room to grow and is under contract through 2026. The Raptors have liked Agbaji for a while, tweets Josh Lewenberg of TSN.ca, and presumably view him as the type of player who can develop alongside the team’s young core of Scottie Barnes, Immanuel Quickley, and RJ Barrett.

The Jazz and Raptors had reportedly been discussing a similar deal that would have included Bruce Brown – rather than a first-round pick – going to Utah. However, Toronto controlled an excess of picks in a 2024 draft that the club isn’t believed to be especially high on, while the Jazz are at risk of losing their own ’24 first-round selection, so the inclusion of the low first-rounder makes some sense.

The Raptors still own the Pacers’ first-round pick and the Pistons’ second-round pick in 2024, and would hang onto their own first-rounder if it ends up in the top six.

Lewis’ salary couldn’t be aggregated in a trade after being acquired from Indiana last month, but that won’t be necessary, since Porter’s $6.3MM cap hit is enough on its own to match Olynyk’s $12.2MM incoming salary, while Lewis’ $5.7MM salary will be used to match Agbaji’s $4.1MM cap hit.

It remains to be seen whether the Jazz will hang onto Lewis and/or Porter for the rest of the season. Lewis is a former lottery pick and Porter has had some strong seasons as a three-and-D wing, but both players have battled injuries in recent years and haven’t played much outside of garbage time in 2023/24.

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