Toronto Raptors Rumors | Hoops Rumors

Raptors Pick Up 2026/27 Options On Gradey Dick, Ja’Kobe Walter

October 21st, 2025 at 4:59pm CST by Dana Gauruder

The Raptors have exercised their 2026/27 options on the contracts of Gradey Dick and Ja’Kobe Walter, according to a team press release.

Dick’s fourth-year option will carry a cap hit of $7,131,511, while Walter’s third-year option will carry a cap hit of $3,811,800. The team had until the end of the month to exercise those options.

Dick started 54 games last season, averaging 14.4 points, 3.6 rebounds and 1.8 assists in 29.4 minutes per night. He was the 13th pick of the 2023 draft.

Walter, who won’t play in the team’s opener due to an illness, averaged 8.6 points, 3.1 rebounds and 1.6 assists in 21.2 minutes per game while appearing in 52 contests during his rookie season. He was the 19th overall pick in 2024.

With the addition of Brandon Ingram, Dick will likely come off the bench this season. Dick and Walter will have to fight hard for their rotation minutes.

And-Ones: International Players, NBA Europe, Taxpayers, More

October 21st, 2025 at 12:17pm CST by Luke Adams

Highlighting some of the storylines and potential milestones to watch as the 2025/26 NBA season gets underway, Tim Reynolds of The Associated Press observes that the league is setting a series of records related to international players this fall.

According to Reynolds, there are a record 135 players born outside of the U.S. on the league’s 30 opening night rosters. Of those 135 players, 71 are from Europe, which also represents a new high watermark. In total, 43 non-U.S. countries are represented on NBA rosters, tying a league record, Reynolds writes, and each team has at least one international players on its roster.

The rising level of talent from Europe and elsewhere around the world is one reason why the NBA has been moving forward on plans to launch a new professional league based in Europe. According to Aris Barkas of Eurohoops, NBA deputy commissioner Mark Tatum told reporters this week that the goal is to get NBA Europe off the ground within the next couple years. Tatum also specifically identified seven countries the league is eyeing for permanent franchises in that league.

“In phase one, our plan is Spain, U.K., France, Italy, Germany, maybe Turkey, and maybe Greece,” Tatum said. “But there will be some open spots in the ecosystem, so in the early phase, (others) will be able to qualify.”

We have more odds and ends from around the basketball world:

Fourteen of the NBA’s 30 teams will open the season as projected taxpayers, according to ESPN’s Bobby Marks (Twitter link), though he acknowledges that number will certainly change in the coming months. The Raptors (over the luxury tax line by just $772K), Nuggets ($402K), and Suns ($274K) are among the prime candidates to duck out of tax territory by February’s trade deadline.
Keith Smith of Spotrac also takes look at teams’ cap situations around the NBA, identifying where every club is operating relative to the aprons, tax line, and salary cap.
In an extensive preview of the 2025/26 season, a panel of ESPN writers ranked all 30 teams entering the year, from the Thunder at No. 1 to the Wizards at No. 30.
Within the past year, several NBA stars have taken on general manager or assistant GM roles with their alma maters, including Stephen Curry at Davidson, Trae Young at Oklahoma, and Damian Lillard at Weber State. Lindsay Schenll of The Athletic explores that trend, noting that the titles are mostly ceremonial but that those stars are willing to help fundraise, recruit, or do whatever else the program might ask of them. “I may not talk to every recruit, but if there is a high-level recruit, you best believe I’m gonna talk to the kid,” Young said. “If there’s a kid I feel like we’re not going after hard enough, I might bring it to their attention. … I’m not gonna overstep. But there’s definitely opinions I’m gonna mention.”
Sovereign wealth funds based in Abu Dhabi and elsewhere in the Middle East have become increasingly involved in the NBA as investors in recent years. ESPN’s Brian Windhorst explores how this partnership between the league and those investors came about and where it’s headed in the future.

No Rookie Scale Extensions For Rockets’ Eason, 11 Others

October 20th, 2025 at 5:24pm CST by Luke Adams

The Rockets and forward Tari Eason failed to come to terms on a rookie scale extension ahead of the 5:00 pm Central time deadline on Monday, reports Shams Charania of ESPN (Twitter link).

Entering the day, Eason looked like one of the top remaining candidates to sign a rookie scale extension, along with Nuggets wing Christian Braun and Hawks guard Dyson Daniels. However, while Braun and Daniels completed deals worth $25MM annually, the Rockets and Eason were unable to find common ground “on multiple fronts,” according to Charania.

That wording suggests the two sides not have seen eye to eye on both years and dollars, or perhaps they disagreed over how the end of a potential extension would be structured in terms of options and/or guaranteed money.

According to Kelly Iko of Yahoo Sports (Twitter link), the Rockets and Eason’s camp had been “far apart in valuation” for weeks and weren’t able to bridge that gap despite an 11th hour push from the team, which was in position to work out an agreement with Eason after extending Kevin Durant over the weekend.

Eason is one of 12 players who didn’t sign rookie scale extensions prior to Monday’s deadline despite being eligible. Those players will now be on track for restricted free agency when their rookie scale contracts expire during the 2026 offseason.

Here’s that full list of players, sorted by their 2022 draft position and with their projected 2026 qualifying offers included in parentheses:

Jaden Ivey, Pistons ($13,402,098)
Bennedict Mathurin, Pacers ($12,256,222)
Jeremy Sochan, Spurs ($9,615,393)
Ousmane Dieng, Thunder ($9,132,437)
Jalen Duren, Pistons ($8,966,188)
Ochai Agbaji, Raptors ($8,879,483)
Mark Williams, Suns ($8,774,590)
Tari Eason, Rockets ($8,014,182)
Dalen Terry, Bulls ($7,661,348)
Malaki Branham, Wizards ($7,110,593)
Walker Kessler, Jazz ($7,064,702)
Peyton Watson, Nuggets ($6,534,714)

Those qualifying offers, which must be issued in order to make the player a restricted free agent, are subject to change depending on whether or not the player meets the starter criteria next season. A player drafted in the top 14 who falls short of the criteria would have a qualifying offer worth $8,774,590. A player who was drafted between No. 10 and No. 30 and achieves the starter criteria would see the value of his QO increase to $9,615,393.

A team that issues a qualifying offer to a potential restricted free agent gains the right of first refusal on that player and can match any offer sheet he signs with a rival suitor. A player who doesn’t get a QO next June would hit the market as an unrestricted free agent.

Magic forward Paolo Banchero, Thunder teammates Chet Holmgren and Jalen Williams, Kings forward Keegan Murray, Rockets forward Jabari Smith Jr., Trail Blazers guard Shaedon Sharpe, and Heat forward Nikola Jovic joined Braun and Daniels in signing rookie scale extensions, bringing the total for 2025 to nine. The details on those deals can be viewed here.

Ingram Discusses Leaving New Orleans, Joining Toronto

October 19th, 2025 at 10:11am CST by Rory Maher

In an exclusive interview with Marc J. Spears of Andscape, forward Brandon Ingram talks about joining the Raptors and leaving the Pelicans. While the former All-Star has “a lot of love for New Orleans,” he’s ready for a fresh start in Toronto. “This team can be whatever we want it to be,” Ingram said of the Raptors. “We have everything on the defensive end. We play hard. The next thing is execution over and over again on the offensive end. … The East is wide open this [upcoming season]. We have a chance to be better, but we’ve got to expedite it.”

Raptors Bring Back A.J. Lawson On Two-Way Contract

October 18th, 2025 at 7:05pm CST by Dana Gauruder

7:05 pm: Lawson has officially rejoined the Raptors on a two-way contract, per NBA.com’s transaction log.

9:10 am: The Raptors are re-signing guard A.J. Lawson on a two-way deal, HoopsHype’s Michael Scotto tweets.

Michael Grange of Sportsnet.ca first reported that the Raptors were expected to bring back Lawson on a two-way contract.

Lawson was on the team’s camp roster but was cut on Thursday and will clear waivers later today. The team didn’t have the ability to convert him directly to a two-way contract because he hadn’t been on an Exhibit 10 deal.

Lawson, 25, is a Toronto native who holds three years of NBA experience. He signed a two-way deal with his hometown team last December and was promoted to a multiyear standard deal in April, just before the season ended. However, Lawson’s salary for 2025/26 was non-guaranteed and the Raptors opted for financial flexibility due to their current cap/tax situation.

In 26 games with the Raptors last season, Lawson averaged 9.1 points and 3.3 rebounds in 18.7 minutes per contest on .421/.327/.683 shooting. He has also played for Dallas and Minnesota.

Toronto has a two-way opening, so a corresponding move won’t be necessary. The Raptors currently have 14 players on guaranteed contracts on their standard roster and will likely remain one below the maximum entering the season.

Injury Notes: Queen, White, Brown, Raptors, Rockets, More

October 18th, 2025 at 2:08pm CST by Rory Maher

Rookie big man Derik Queen has been medically cleared to participate in full basketball activities, the Pelicans announced today (via Twitter).

Head coach Willie Green said Queen was a full participant in Saturday’s practice, tweets Will Guillory of The Athletic. While the team wants to get Queen up to speed, Green said New Orleans will be careful not to rush the process after a lengthy layoff.

Queen has been rehabilitating from July surgery to address a torn scapholunate ligament in his left wrist, an injury he sustained at Summer League in Las Vegas. He was a limited participant during New Orleans’ training camp due to the injury.

Queen was selected with the 13th overall pick in June after the Pelicans sent Atlanta this year’s No. 23 selection and an unprotected 2026 first-rounder (the most favorable of New Orleans’ and Milwaukee’s picks) for the right to draft the Maryland big man, who was highly productive in his lone season with the Terrapins. In 36 games last season, the 20-year-old forward/center averaged 16.5 points, 9.0 rebounds, 1.9 assists, 1.1 steals and 1.1 blocks in 30.4 minutes per contest.

We have several more injury notes from around the NBA:

Bulls guard Coby White, who has been battling a calf strain since August and didn’t play in any preseason games this fall, “looked good” after going through most of the contact portions of Saturday’s practice, according to head coach Billy Donovan (Twitter links K.C. Johnson of Chicago Sports Network). Donovan added that White would go through additional contact work on Monday after taking Sunday off. For his part, White said he was encouraged by today’s session, though he cautioned he’s still working on regaining his conditioning and rhythm. “We’ll see. It’s in the works,” White said of potentially playing in Chicago’s season opener, per Johnson.
Celtics star Jaylen Brown sustained a left hamstring injury in Wednesday’s preseason finale. As Jay King of The Athletic writes, head coach Joe Mazzulla didn’t say whether Brown would be active for next Wednesday’s season opener, but the injury doesn’t sound serious — Brown is considered day-to-day, per Mazzulla.
Raptors head coach Darko Rajakovic expressed optimism that lottery pick Collin Murray-Boyles could be ready for Wednesday’s season opener in Atlanta after the former South Carolina forward sustained an arm injury last week, tweets Josh Lewenberg of TSN.ca. According to Michael Grange of Sportsnet.ca (Twitter links), Murray-Boyles is day-to-day with a right forearm strain.
Although Raptors center Jakob Poeltl missed time during preseason with lower back stiffness and exited Friday’s preseason finale with the same injury, Rajakovic clarified after the game that the Austrian big man was pulled for precautionary reasons (Twitter links via Lewenberg). Poeltl is under contract through 2029/30 after signing a lucrative long-term extension in July.
Forward Jae’Sean Tate, who underwent offseason ankle surgery, went through contract drills in Saturday’s practice, per Rockets head coach Ime Udoka (Twitter link via Danielle Lerner of The Houston Chronicle). The team remains optimistic that Tate will be available for Houston’s season opener, but Dorian Finney-Smith probably won’t be, according to Udoka. Finney-Smith, a free agent addition, is recovering from June ankle surgery.
Former Alabama forward Grant Nelson was originally expected to sign an Exhibit 10 deal with the Nets shortly after Summer League in July, but the signing was delayed until a few days ago due to an otherwise unspecified “stress reaction from overworking,” he told Brian Lewis of The New York Post. “It was like a small, little minor injury that held me out of training camp. And then I feel like I did everything I could. I caught the injury really early, so I wasn’t out long. But it worked out perfect. So now I’m back healthy, feeling 100 percent.”
Backup Lakers center Jaxson Hayes exited Friday’s preseason finale with a right wrist contusion, the team announced (Twitter link via Dan Woike of The Athletic). Head coach JJ Redick said after the game that X-Rays on the wrist were negative, with another update on Hayes expected to come on Sunday, as veteran NBA report Mark Medina relays (via Twitter).
Trail Blazers forward Deni Avdija experienced upper back stiffness on Thursday in Utah, causing him to exit Portland’s preseason finale, per the team (Twitter link). It’s unclear if Avdija will miss additional time as a result of the injury.

Raptors Sign, Waive Julian Reese

October 17th, 2025 at 9:40pm CST by Luke Adams

9:40 pm: Toronto has waived Reese, the team announced. As noted below, he’s now eligible for a bonus if he spends at least 60 days with the Raptors 905.

1:23 pm: The Raptors have signed undrafted rookie forward Julian Reese, the team announced today in a press release. It’s a non-guaranteed Exhibit 10 contract, according to Michael Grange of Sportsnet.ca (Twitter link).

Reese spent the past four seasons at Maryland, where he averaged 13.3 points, 9.0 rebounds, and 1.5 blocks in 28.5 minutes per game (36 appearances) as a senior in 2024/25. By the time he left the Terrapins, he was the second all-time leading rebounder in school history, behind only Len Elmore.

Reese, whose sister Angel Reese plays for the WNBA’s Chicago Sky, joined the Lakers’ Summer League team in July and appeared in four games for the club — two at the California Classic and two in Las Vegas. He averaged 3.0 PPG and 2.5 RPG in 11.5 MPG.

The Raptors likely plan on making Reese an affiliate player for the Raptors 905, their G League team. Assuming he’s waived within the next couple days and then reports to Toronto’s NBAGL affiliate, he’d be in line to earn a bonus worth up to $85,300 on top of his standard G League salary as long as he stays with the team for at least 60 days.

The Raptors cut five players from their preseason roster on Thursday, so there was plenty of room for Reese. The team now has 17 players under contract.

Injury Notes: Embiid, George, Sabonis, Chomche, Ivey

October 16th, 2025 at 11:35pm CST by Rory Maher

Sixers star Joel Embiid may or may not be available for Friday’s preseason finale against Minnesota, but there’s a good chance he’ll suit up for Philadelphia’s regular season opener next week, Chris Haynes reported on NBA TV (Twitter video link).

According to Haynes, the 76ers plan to be “very cautious” with Embiid throughout the season. The veteran NBA insider added that he does not expect the 31-year-old center to play in back-to-backs in 2025/26.

While Sixers forward Paul George is expected to be sidelined for next Wednesday’s season opener vs. Boston, he has made “significant progress” in his recovery from offseason knee surgery and likely won’t miss many games beyond that, league sources tell Shams Charania of ESPN. George won’t return until he feels fully healthy, Charania added on NBA Today (Twitter video link).

Here are a few more injury notes from around the NBA:

Kings center Domantas Sabonis suffered a right hamstring injury in Wednesday’s preseason loss. Haynes hears (via Twitter) the three-time All-Star has a “mild” strain and has been ruled out of Friday’s preseason finale vs. the Lakers. Despite the relatively positive update, Matt George of ABC 10 thinks the Lithuanian big man will likely miss some time to start the season (Twitter link).
Second-year center Ulrich Chomche, who was on a two-way deal with Toronto prior to being waived by the Raptors on Thursday, has been referred to the NBA’s fitness-to-play panel, reports Blake Murphy of Sportsnet.ca (via Twitter). Chomche has been dealing with an unspecified health issue that prevented him from participating in training camp and preseason, tweets Michael Grange of Sportsnet.
Pistons guard Jaden Ivey underwent arthroscopic right knee surgery on Thursday after his 2024/25 campaign was cut short due to a broken left fibula. Head coach J.B. Bickerstaff said there was no single incident that led to the procedure, writes Vincent Goodwill of ESPN.com. “It was something that was developing over his work. Obviously, from coming back but in training camp also, he started to feel something,” Bickerstaff said before Detroit’s final preseason game against the Wizards. “We took precautions, and then the medical team did their assessments and those things, and then had to make the decision that ultimately led us to where we are today.” The Pistons plan to be cautious with Ivey’s recovery process, according to Bickerstaff.

Raptors Waive Lawson, Chomche, Roddy, Rhoden, Sarr

October 16th, 2025 at 3:44pm CST by Rory Maher

The Raptors have waived A.J. Lawson, Ulrich Chomche, David Roddy, Jared Rhoden and Olivier Sarr, the team announced on Thursday (Twitter link via Blake Murphy of Sportsnet.ca).

Lawson, 25, is a Toronto native who holds three years of NBA experience. He signed a two-way deal with his hometown team in December and was promoted to a multiyear standard deal in April, just before last season ended. However, Lawson’s salary for 2025/26 was non-guaranteed, so the Raptors won’t have any dead money on their books by releasing him.

Both Murphy and Josh Lewenberg of TSN.ca (Twitter links) say Lawson was viewed as the frontrunner to fill the team’s 15th standard roster spot to open the season, if Toronto had chosen to go that route. Instead the Raptors opted for financial flexibility due to their current cap/tax situation.

In 26 games (18.7 minutes per contest) with the Raptors last season, Lawson averaged 9.1 points and 3.3 rebounds on .421/.327/.683 shooting. He has also played for Dallas and Minnesota.

Chomche, who is still only 19 years old, was the 57th pick of the 2024 draft. The Cameroonian big man was on a two-way contract with the Raptors, who now have a two-way opening.

As Lewenberg notes (via Twitter), Chomche earned praise for the progress he made last season in the G League with the Raptors 905, but he unfortunately suffered a torn MCL in his right knee in February, cutting his rookie campaign short. He also flashed some interesting tools at Summer League in July, but he has been sidelined for all of training camp and preseason with an undisclosed injury.

Roddy, a former first-round pick (23rd overall in 2022) who has played for five different teams in three NBA seasons, was signed to an Exhibit 10 deal for training camp, as were Rhoden and Sarr. All three players are now eligible for a bonus worth $85,300 if they spend at least 60 days with the Raptors 905.

The Raptors now have 14 players on standard contracts, all of which are guaranteed, plus rookie guards Alijah Martin and Chucky Hepburn on two-way deals.

Warriors, Lakers Top 2025 NBA Franchise Valuations

October 16th, 2025 at 8:48am CST by Luke Adams

The Warriors are still the NBA’s most valuable team, according to Kurt Badenhausen of Sportico, who unveiled the website’s updated NBA franchise valuations for 2025 on Thursday.

Badenhausen projects the Warriors’ value at $11.33 billion, which represents an incredible 24% increase from last year’s $9.14 billion valuation. The NFL’s Dallas Cowboys, at $12.8 billion, continue to be the only global sports franchise whose valuation comes in higher than Golden State’s, according to Sportico’s projections.

As Badenhausen outlines, the Warriors lead the NBA in revenue by a significant margin, having generated an estimated $833MM last season. Golden State makes more than $5MM per game in ticket revenue, along with $2.5MM from luxury suites; the club also has a $45MM per year jersey patch deal with Rakuten, earns almost double what any other team makes in sponsorship revenue, and is one of the few teams to fully own and operate its arena, per Sportico.

After placing third a year ago, the Lakers have jumped to second place on Sportico’s 2025 list at $10 billion, based on Mark Walter‘s recent agreement to purchase the team at that valuation. The Lakers moved slightly ahead of the third-place Knicks, who come in at $9.85 billion.

Every team’s valuation has increased by at least 9% since last year, per Sportico, with the average value of an NBA franchise now at $5.51 billion (up 20% from 2024) and no team worth less than $4 billion.

The average valuation has more than doubled since 2022, when it was $2.58 billion. As Badenhausen writes, the NBA’s new $76 billion media rights deal and its global ambitions – including the possible creation of a league in Europe – have played a part in those gains.

Although the Warriors’ $833MM is something out of an outlier, NBA teams generated an average of approximately $408MM in revenue last season, according to Badenhausen, with the Grizzlies coming in last at $301MM. Memphis also ranks 30th on Sportico’s list of franchise values.

Despite placing at the bottom of this list, the Grizzlies actually had the most significant increase in their franchise valuation this past year, rising from $3.06 billion to $4 billion (31%). The Pelicans (30%), Timberwolves (29%), and Eastern Conference champion Pacers (27%) were the other biggest risers.

Of course, it’s worth noting that figures from Sportico or any other media outlet are just estimates and often don’t quite match up with the sale prices for franchises that change hands. But these projections are usually in the right ballpark and remain useful for getting a sense of the league’s most and least valuable teams.

Here’s Sportico’s full list of NBA franchise valuations for 2025:

Golden State Warriors: $11.33 billion
Los Angeles Lakers: $10 billion
New York Knicks: $9.85 billion
Los Angeles Clippers: $6.72 billion
Boston Celtics: $6.35 billion
Brooklyn Nets: $6.22 billion
Chicago Bulls: $6.12 billion
Miami Heat: $6.03 billion
Philadelphia 76ers: $5.61 billion
Houston Rockets: $5.53 billion
Dallas Mavericks: $5.24 billion
Toronto Raptors: $5.22 billion
Phoenix Suns: $5.09 billion
Atlanta Hawks: $5.02 billion
Sacramento Kings: $5 billion
Cleveland Cavaliers: $4.86 billion
Denver Nuggets: $4.8 billion
Washington Wizards: $4.78 billion
Indiana Pacers: $4.76 billion
Milwaukee Bucks: $4.54 billion
San Antonio Spurs: $4.5 billion
Oklahoma City Thunder: $4.34 billion
Utah Jazz: $4.27 billion
Portland Trail Blazers: $4.25 billion
Minnesota Timberwolves: $4.24 billion
Orlando Magic: $4.21 billion
Detroit Pistons: $4.17 billion
Charlotte Hornets: $4.13 billion
New Orleans Pelicans: $4.02 billion
Memphis Grizzlies: $4 billion

As Badenhausen notes, Sportico’s projections are based on a control sale price, rather than limited stake purchases. Controlling shares in the Celtics, Lakers, and Trail Blazers all changed hands this past year, though only the Celtics sale has been formally approved by the NBA so far.

William Chisholm is buying the Celtics in two stages, with an initial valuation of $6.1 billion and a blended valuation of roughly $6.5 billion. Walter is purchasing the Lakers at a valuation of $10 billion, while Tom Dundon is buying the Blazers at a $4.25 billion valuation.