Toronto Raptors Rumors | Hoops Rumors

Heat, Raptors Finalize Kyle Lowry Sign-And-Trade

August 6th, 2021 at 5:05pm CST by Luke Adams

The Heat have officially acquired point guard Kyle Lowry from the Raptors via sign-and-trade, Miami announced today in a press release. Toronto received point guard Goran Dragic and big man Precious Achiuwa in the deal.

Lowry was one of the first free agents to make a commitment when the negotiation period opened on Monday evening, but it took all week for the details of the sign-and-trade to be confirmed. Dragic and Achiuwa were always believed to be part of the deal, but there were rumors that Dragic would be flipped to a third team or that the Raptors would receive additional pieces. Ultimately, it’s just a two-for-one swap.

Lowry’s new, fully guaranteed contract with the Heat was initially reported to be worth $90MM over three years, but it’ll actually come in at $85MM, per Shams Charania of The Athletic (Twitter link). Miami would’ve needed to include more salary in addition to Dragic and Achiuwa for matching purposes in order to accommodate that $90MM figure, notes Blake Murphy of The Athletic (Twitter link).

The Heat, who have been after Lowry since at least the trade deadline in March, will unite the six-time All-Star with his close friend Jimmy Butler, who has agreed to sign a lucrative new contract extension of his own with Miami.

While a guaranteed three-year, $85MM investment is a risk for a player who is entering his age-35 season, Lowry has championship experience and is an ideal fit on virtually any roster due to his ability to handle the ball, knock down outside shots, and provide strong defense. He averaged 17.2 PPG, 7.3 APG, and 5.3 RPG on .436/.396/.875 in 46 games (34.8 MPG) in his final season as a Raptor.

“Kyle Lowry is a great leader and an exceptional defender,” Heat president Pat Riley said in a statement. “As a point guard, he will bring important skills to run the offense, score the ball and defend with the very best.”

The Raptors, meanwhile, still could theoretically flip Dragic to another team in the coming days, weeks, or months. However, Marc Stein reported earlier today that Toronto has “resisted external interest” in the Slovenian guard from the Mavericks and other teams.

Barring further trades, Dragic will join the Raptors’ backcourt alongside Fred VanVleet, Malachi Flynn, and Gary Trent Jr., while Achiuwa will battle for minutes in a frontcourt rotation that includes Khem Birch and Chris Boucher.

Examining Masai Ujiri's New Deal, Title With Raptors

August 6th, 2021 at 12:52pm CST by JD Shaw

Michael Grange of Sportsnet examines Masai Ujiri‘s new deal and title with the Raptors, noting that Ujiri’s new “vice chairman” position won’t give him a stake in team ownership.

Raptors Re-Sign Khem Birch To Three-Year Contract

August 5th, 2021 at 6:32pm CST by Dana Gauruder

AUGUST 6: The Raptors have made it official with Birch, formally issuing a press release to confirm his new deal.

AUGUST 5: The Raptors have reached a three-year contract agreement with one of their own free agents, center Khem Birch, Adrian Wojnarowski of ESPN tweets.

The deal will be worth $20MM. Toronto only held Non-Bird rights on Birch, so it will likely use part of its mid-level exception to re-sign Birch. It’s also conceivable that the Raptors could open up sufficient cap room to make it happen, but if they take back Goran Dragic or another high-salary player in the Kyle Lowry sign-and-trade with Miami, they’ll need to use the mid-level.

Birch joined the Raptors in April after the rebuilding Magic bought him out. He started 17 of 19 regular-season appearances with the Raptors, averaging 11.9 PPG, 7.6 RPG and 1.2 BPG in 30.4 MPG. The 28-year-old Birch played his first three-and-a-half NBA seasons with Orlando but was mainly used off the bench.

The Raptors waived Aron Baynes on Wednesday, so Birch could compete with Chris Boucher for a starting role with the club.

Raptors Extend, Promote Masai Ujiri

August 5th, 2021 at 5:09pm CST by Luke Adams

5:09pm: The Raptors have officially announced Ujiri’s new deal and new title, announcing in a press release that he has signed a multiyear contract to become the team’s vice chairman and president.

“Great sportsmen impact their games. Great leaders impact their communities. Masai Ujiri does both, and we’re very pleased he is returning to the Raptors as vice-chairman and president,” Maple Leaf Sports and Entertainment chairman Larry Tanenbaum said in a statement. “Masai and MLSE share the goals of bringing another NBA Championship to Toronto, and off the court, working towards making our city, country and world a better place. These are exciting times, and we look forward to all that comes next for our team, for Masai and for his family. Masai, we’re glad you’re staying home.”

1:29pm: The Raptors are losing six-time All-Star Kyle Lowry to the Heat this week, but they’ve reached an agreement to lock up their other key free agent, reports ESPN’s Adrian Wojnarowski (via Twitter).

According to Wojnarowski, Toronto’s president of basketball operations Masai Ujiri has agreed to a “significant” new deal with the franchise that will give him the title of vice chairman in addition to team president. The Raptors posted a video to their Twitter account alluding to the new deal with Ujiri, whose previous contract had been about to expire.

“I love being the leader of the Toronto Raptors and I’m here to stay,” Ujiri said in the video.

Ujiri, who won the NBA’s Executive of the Year award in 2013 with the Nuggets, was hired as the Raptors’ head of basketball operations that same year and spearheaded the turnaround of a club that had missed the playoffs in five straight seasons prior to his arrival.

Ujiri and his front office have displayed a knack over the years of finding hidden gems in the draft class, including Pascal Siakam (No. 27 pick), Norman Powell (No. 46 pick), and Fred VanVleet (undrafted free agent). He also memorably acquired Kawhi Leonard from the Spurs during the 2018 offseason, a move that pushed the Raptors over the top for the first championship in team history.

There was some uncertainty about what Ujiri’s future held when he didn’t agree to an extension with the Raptors a year or two before his contract expired, but he continued his usual work in the draft and free agency this summer, signaling that he had no plans to leave the organization. According to Wojnarowski (Twitter link), Ujiri is staying in Toronto despite being courted by multiple franchises “beyond (the) NBA’s boundaries.”

Atlantic Notes: Knox, Raptors, Sixers, Beckner, Kemba

August 5th, 2021 at 11:28am CST by Luke Adams

Knicks forward Kevin Knox will not play for the team in the Las Vegas Summer League, the club announced today (via Twitter). According to the Knicks, Knox has been placed in the NBA’s health and safety protocols.

It’s unclear whether Knox has tested positive for COVID-19. Regardless, he’ll miss out on an important opportunity for offseason development following three underwhelming seasons with the Knicks, creating further uncertainty about his future with the franchise.

Here’s more from around the Atlantic:

Even though Masai Ujiri has made several savvy roster moves during his tenure as head of basketball operations in Toronto, he has had a hard time luring top free agents to the Raptors and many of his biggest free agent signings have been busts, write Eric Koreen and Blake Murphy of The Athletic. That’s likely a big reason why the Raptors appear to be forgoing cap space and operating over the cap this offseason, per The Athletic’s duo.
The Sixers have hired Phil Beckner as a coaching consultant, Yaron Weitzman of FOX Sports relays (Twitter links). While it’s probably unwise to read too much into the move, it’s worth noting that Beckner is a former Weber State assistant coach and Damian Lillard‘s trainer.
Mike Vorkunov, Jay King, and Jared Weiss of The Athletic discuss Kemba Walker‘s injury history and his fit with the Knicks. As Vorkunov points out, even if Walker’s left knee isn’t 100% healthy going forward, the cost of signing him (about $8MM) isn’t prohibitive and he has proven in the last two seasons that he can still be productive while dealing with that knee issue.

Ishmail Wainright Signs With Raptors

August 5th, 2021 at 9:36am CST by Luke Adams

AUGUST 7: The signing is official, the Raptors announced (via Twitter).

AUGUST 5: The Raptors have agreed to a two-year deal with free agent swingman Ishmail Wainright, agents Deirunas Visockas and Jim Tanner tell Adrian Wojnarowski of ESPN (Twitter link).

While the exact terms of the deal aren’t known, Blake Murphy of The Athletic says (via Twitter) it’ll include a partial guarantee, giving Wainright the opportunity to compete for a regular season roster spot. It seems likely to be worth the minimum.

Wainright, 26, went outdrafted out of Baylor in 2017 and has bounced around a handful of international leagues since then. In 2020/21, he played for Strasbourg in France, registering 11.7 PPG, 4.7 RPG, 2.5 APG, and 1.8 SPG on .485/.320/.726 shooting in 36 games (28.1 MPG). He’s considered a versatile defender on the wing, notes Wojnarowski (Twitter link).

A report in June stated that Wainright was eyeing a move to the NBA for 2021/22 and identified Toronto as the frontrunner to land him. Murphy reported on Wednesday (via Twitter) that Wainright would be on the Raptors’ Summer League roster in Las Vegas.

Trade Rumors: Kings, Siakam, Raptors, Dragic, Spurs, Markkanen

August 4th, 2021 at 2:07pm CST by Luke Adams

The Kings “definitely” have trade interest in Raptors forward Pascal Siakam, Sam Amick of The Athletic said during an appearance on The Deuce & Mo Podcast (video link).

There have whispers this offseason – particularly since the Raptors used the No. 4 overall pick to draft Scottie Barnes – that Siakam is available via trade, but Amick says the Kings have been waiting for clarity on just how willing Toronto might be to move him. Sacramento would likely pursue Siakam if given the chance, though it’s unclear how much interest the Raptors would have in possible trade chips like Buddy Hield and Marvin Bagley.

Here are a few more trade-related rumors and notes from around the NBA:

It’s looking more and more like Goran Dragic and Precious Achiuwa – the two primary outgoing pieces in the Heat‘s Kyle Lowry sign-and-trade – will end up with the Raptors, at least for the time being, tweets Michael Grange of Sportsnet.ca. The Raptors are believed to be exploring flipping Dragic to a third team, such as the Mavericks, but apparently haven’t found a deal they like yet.
Dragic, for his part, offered the following update on Slovenian television on Tuesday, per Iztok Franko of Mavs Moneyball (Twitter link): “I haven’t heard from Toronto yet, I’m still waiting for the news. Everything depends on the third team, we’ll have the news in the next few days.”
Before agreeing to acquire Thaddeus Young and Al-Farouq Aminu in their DeMar DeRozan sign-and-trade with the Bulls, the Spurs were interested in landing Lauri Markkanen via sign-and-trade, ESPN’s Brian Windhorst said on the latest episode of his Hoop Collective podcast. However, according to Windhorst, Markkanen sought a larger contract than the Spurs were comfortable offering, prompting the team to pivot to the veterans on expiring contracts. Windhorst believes there’s a “decent chance” Markkanen – a restricted free agent – will end up returning to Chicago.

Momentum Building On Khem Birch Return

August 4th, 2021 at 1:37pm CST by Eli Cohen

Khem Birch could be nearing a return to the Raptors, according to Michael Grange of Sportsnet.ca (Twitter link). Grange reports that there’s “growing momentum” toward the two sides reaching a deal. The 28-year-old center was extremely productive in his 19 games for the Raptors after coming over in a trade, and has turned himself into a solid starting center over the last couple seasons.

Raptors Waive Aron Baynes

August 4th, 2021 at 1:07pm CST by Luke Adams

The Raptors have issued a press release announcing that they’ve officially waived veteran center Aron Baynes.

The move had been expected, since Baynes’ $7.35MM salary for 2021/22 would’ve become fully guaranteed if Toronto had kept him on the roster. Instead, the Raptors will clear that money from their books, creating some additional cap flexibility for the coming season.

Baynes, who signed a two-year contract with the Raptors during the 2020 offseason after enjoying a career year in Phoenix, was never a great fit with his new team. He averaged a modest 6.1 PPG and 5.2 RPG in 53 games (18.5 MPG) and his shooting percentages (.441/.262/.707) were significantly below his career rates.

While Baynes didn’t have a great year with Toronto, he should draw interest from teams in need of frontcourt depth. He’ll likely be available at a more team-friendly rate once he clears waivers.

The Raptors, meanwhile, have now waived four players – Baynes, Rodney Hood, DeAndre’ Bembry, and Paul Watson – who were on non-guaranteed contracts this week. The club, which is still working on the terms of the Kyle Lowry sign-and-trade with Miami, will have a few bench spots to fill on its 2021/22 roster.

Free Agency Rumors: D. Green, Hart, Cavs, Caruso, DeRozan

August 3rd, 2021 at 10:13pm CST by Eli Cohen

Free agent swingman Danny Green has been in contact with the Sixers multiple times over the past two days, according to Harrison Sanford, co-host of Green’s The Green Room podcast (Twitter link).

Sandford said that as of this afternoon, the two sides were nowhere close to a deal, and that the Bucks, Celtics, Bulls and Pelicans have all reached out as well. He adds in a separate tweet that Green has pre-existing relationships with both Ime Udoka of the Celtics and Mike Budenholzer of the Bucks from his time with the Spurs.

We have more free agency rumors:

The Cavaliers have had some discussions about the possibility of a sign-and-trade for Pelicans restricted free agent forward Josh Hart, sources tell Chris Fedor of Cleveland.com (Twitter link). Without a sign-and-trade agreement, Cleveland would be limited to offering Hart the full mid-level exception, which New Orleans would presumably match.
Alex Caruso agreed to sign with the Bulls for four years, $37MM, and according to Zach Lowe of ESPN (hat tip to RealGM), the Lakers‘ offer to keep him was nowhere close to what was offered by Chicago. Ramona Shelburne added that – before Caruso agreed to his deal with the Bulls – the Timberwolves inquired about acquiring him in a sign-and-trade that would have included Marc Gasol, but didn’t have any luck.
According to K.C. Johnson of NBC Sports Chicago (Twitter link), Bulls general manager Marc Eversley was crucial in securing a commitment from DeMar DeRozan, as the two had a long-standing relationship from when Eversley was the assistant general manager for the Raptors. The Bulls’ GM flew to Los Angeles to meet with DeRozan in person and had a “fruitful” two-hour meeting, per Marc J. Spears of The Undefeated (Twitter link).