Toronto Raptors

Toronto Raptors 2023-24 Salary Cap

Raptors 2023-24 Salary Cap

An updated look at the Toronto Raptors 2023 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

Player Option
Club Option
Non-Guaranteed
Estimate
Player (14) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Barrett R.J. Barrett SG $23,883,929 $23,883,929 - $2,901,790 - $23,883,929 14.82 17.56 $97,803,315
($107,000,000)
Acquired via Trade
Brown Jr. Bruce Brown Jr. SG $22,000,000 $22,000,000 - - - $22,000,000 13.65 16.17 $34,252,874
($22,000,000)
Acquired via Trade
Poeltl Jakob Poeltl C $19,500,000 $19,500,000 - $500,000 - $19,500,000 12.10 14.34 $78,000,000
($78,000,000)
Free Agent / Bird
Trent Jr. Gary Trent Jr. SG $18,560,000 $18,560,000 - $250,000 - $18,560,000 11.52 13.64 $18,560,000
($18,560,000)
Free Agent / Bird
Olynyk Kelly Olynyk PF $12,195,122 $12,195,122 - - - $12,195,122 7.57 8.97 $4,625,736
($12,195,122)
Acquired via Trade
Boucher Chris Boucher PF $11,750,000 $11,750,000 - - - $11,750,000 7.29 8.64 $22,560,000
($22,560,000)
Free Agent / Bird
Barnes Scottie Barnes PF $8,008,680 $8,008,680 - - - $8,008,680 4.97 5.89 $18,139,660
($18,139,660)
Drafted / Rookie Scale
Dick Gradey Dick SG $4,536,720 $4,536,720 - - - $4,536,720 2.81 3.34 $21,422,551
($9,300,480)
Drafted / Rookie Scale
McDaniels Jalen McDaniels SF $4,516,000 $4,516,000 - - - $4,516,000 2.80 3.32 $9,257,800
($4,741,800)
Free Agent / Bi-Annual
G'teed: $0
Quickley Immanuel Quickley PG $4,171,548 $4,171,548 - - - $4,171,548 2.59 3.07 $2,565,262
($4,171,548)
Acquired via Trade
Agbaji Ochai Agbaji SF $4,114,200 $4,114,200 - - - $4,114,200 2.55 3.02 $12,254,364
($8,424,480)
Acquired via Trade
Nwora Jordan Nwora SF $3,000,000 $3,000,000 - $200,000 - $3,000,000 1.86 2.21 $1,534,483
($3,000,000)
Acquired via Trade
Temple Garrett Temple SG $2,019,706 $3,196,448 - - - $2,019,706 1.25 1.48 $3,196,448
($3,196,448)
Free Agent / Minimum
Carton D.J. Carton PG $64,343 $64,343 - - - $64,343 0.04 0.05 $64,343
($64,343)
10-Day / Minimum


2023-24 Two-Way

Players signed to Two-Way contracts that are currently designated to G-League affiliate. Two-way salaries do not count against a team's Total Cap/Tax Allocations.

Player (3) Pos.
Freeman-LibertyJavon Freeman-Liberty G          
NowellMarkquis Nowell PG          
PorterJontay Porter PF          


2023-24 Dead/Retained Cap

Cap breakdowns for players who have been released or served 10-day contracts. All count against the team's Total Cap Allocations.

Player (5) Pos. Base Salary Likely
Incent.
Unlikely
Incent.
Trade Bonus Cap Figure Cap % Notes
DinwiddieSpencer Dinwiddie PG $18,857,143 - - - $18,857,143 11.70 Waived
KolokoChristian Koloko C $1,719,864 - - - $1,719,864 1.07 Waived
WinslowJustise Winslow SF $166,176 - - - $116,075 0.07 10-day
MooreOmari Moore F $75,000 - - - $75,000 0.05 Waived
GueyeMouhamadou Gueye F $64,343 - - - $64,343 0.04 10-day


2023-24 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Raptors are currently over the league salary cap, these cap holds do not count against their Total Cap figure. Renouncing these cap holds will NOT afford the team any new cap space. These figures are not counted toward a team's Luxury Tax Allocation.

Player (1) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
BartonWill Barton SG - $2,019,706 Non-Bird


Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined.

Non-Taxpayer Mid-Level Exception Details is awarded annually to teams who are above the cap but below the Luxury Tax Apron ($172,346,000) and can be used for contracts up to 4 years in length.

Bi-Annual Exception Details is available to any teams who are below the Luxury Tax Apron ($172,346,000), and did not use this exception in the previous season. It can be used for contracts up to 2 years in length.

Trade Exception Details becomes available when a team relinquishes more salary than it acquires during a trade. The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary.

Type Reason (Used On) Original Available
Non-Taxpayer Mid-Level
Dennis Schroder ($12,405,000)
$12,405,000 $0
Bi-Annual
Jalen McDaniels ($4,516,000)
$4,516,000 $0
Trade
12/30/2024
Precious Achiuwa trade with NYK
(Jordan Nwora, $3,000,000)
$4,379,527 $1,379,527
Trade
1/17/2025
Pascal Siakam trade with IND
$10,171,292 $10,171,292


2023-24 Luxury Tax Totals

Denotes the Raptors current standing in terms of the luxury tax threshold. Teams that spend over the threshold pay fines (estimated below).

Type Totals
2023 NBA Luxury Tax Threshold $165,294,000
Total Taxable Salaries $159,256,137
Current Luxury Tax Space $6,037,863


2023-24 Toronto Raptors Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $172,346,000 at any point during the season.

Cap Type Cap Total
Active Roster Cap $138,320,248
Dead Money $20,832,425
Cap Holds $2,019,706
Total Cap Allocations $161,172,379
Salary Cap Maximum
2023 NBA Salary Cap Max $136,021,000
Current Cap Space $-25,151,379
Salary Hard-Cap
2023 NBA First Apron ("Hard-Cap") $172,346,000
Total First Apron Salaries $163,107,927
First Apron Space $9,238,073
Second Apron
2023 NBA Second Apron $182,794,000
Second Apron Space $19,686,073
 

2023-24 Practical Cap Space

Available Practical Cap Space: $-32,330,961 — $-2,299,248

$-32,330,961
Projected Practical Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds.

$-2,299,248
Maximum Possible Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. All other options, cap holds, exceptions are assumed as declined, waived or renounced.





Deadlines

Deadline Date Player Type Value
6/29/2024 Immanuel Quickley 2024-25 Qualifying Offer $6,128,004
6/29/2024 Jontay Porter 2024-25 Qualifying Offer — Two-Way $1,867,722
6/29/2024 Markquis Nowell 2024-25 Qualifying Offer $1,867,722
6/29/2024 Javon Freeman-Liberty 2024-25 Qualifying Offer — Two-Way $1,867,722
10/31/2024 Ochai Agbaji 2025-26 Club Option $6,383,525
10/31/2024 Gradey Dick 2025-26 Club Option $4,990,560
6/29/2025 Scottie Barnes 2025-26 Club Option $13,362,763
10/31/2025 Gradey Dick 2026-27 Club Option $7,131,511
6/29/2026 Jakob Poeltl 2026-27 Player Option $19,500,000
6/29/2026 Ochai Agbaji 2026-27 Qualifying Offer $8,879,483
6/29/2027 Gradey Dick 2027-28 Qualifying Offer $10,576,031




Unsigned Draft Picks

Draft Year Player Age Position Country College
2000 DeeAndre Hulett 43 F USA


Future Draft Picks

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
2024
IND
Top-3 protected
TOR
4-30
TOR
Top-6 Protected (from SAS)
SAS
7-30
2025
TOR
Top-6 Protected (if not already settled with SAS)
SAS
7-30 (if not already settled)
2026
TOR
Top-4 protected
IND
Top-4 protected
TOR
5-30
TOR
Top-6 Protected (if not already settled with SAS)
SAS
7-30 (if not already settled)
2027
IND
If 1-4 if not already settled
TOR
5-30 if not already settled
TOR
2028
TOR
2029
TOR
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
2024
TOR
via DET to LAC to DET to NYK
LAC
via MEM
2025
DAL
via SAS
2026
TOR    SAS
TOR pick if TOR conveys 1st to SAS by 2026; SAS pick if TOR has not conveyed 1st to SAS by 2026
2027
TOR    SAS
TOR pick if TOR conveys 1st to SAS by 2026; SAS pick if TOR has not conveyed 1st to SAS by 2026
2028
TOR
2029
TOR