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.

2023 NBA Offseason Financial Previews: Minnesota Timberwolves
Breaking down the upcoming offseason for each 2023-24 NBA team, including cap space figures, free agents, draft pick scenarios, & thoughts on potential trades, exceptions, & plenty more. READ ON
Player Option
Club Option
Non-Guaranteed
Estimate
Player (12) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Siakam Pascal Siakam PF $37,893,408 $37,893,408 - - - $37,893,408 21.79 28.28 $37,893,408
($37,893,408)
Rk Extension / Bird
VanVleet Fred VanVleet PG $22,824,074 $22,824,074 - - - $22,824,074 13.12 17.03 $22,824,074
($22,824,074)
Free Agent / Bird
Anunoby OG Anunoby SF $18,642,857 $18,642,857 - - - $18,642,857 10.72 13.91 $38,571,428
($38,571,428)
Rk Extension / Bird
Trent Jr. Gary Trent Jr. SG $18,560,000 $18,560,000 - $250,000 - $18,560,000 10.67 13.85 $18,560,000
($18,560,000)
Free Agent / Bird
Boucher Chris Boucher PF $11,750,000 $11,750,000 - - - $11,750,000 6.76 8.77 $22,560,000
($22,560,000)
Free Agent / Bird
Barnes Scottie Barnes PF $8,008,680 $8,008,680 - - - $8,008,680 4.60 5.98 $18,139,660
($8,008,680)
Drafted / Rookie Scale
Young Thaddeus Young PF $8,000,000 $8,000,000 - $500,000 - $8,000,000 4.60 5.97 $8,000,000
($1,000,000)
Vet Extension / Bird
G'teed: $1,000,000
Porter Jr. Otto Porter Jr. SF $6,300,000 $6,300,000 - - - $6,300,000 3.62 4.70 $6,300,000
($6,300,000)
Free Agent / NT-MLE
Achiuwa Precious Achiuwa PF $4,379,527 $4,379,527 - - - $4,379,527 2.52 3.27 $4,379,527
($4,379,527)
Acquired via Trade
Flynn Malachi Flynn PG $3,873,025 $3,873,025 - - - $3,873,025 2.23 2.89 $3,873,025
($3,873,025)
Drafted / Rookie Scale
Wieskamp Joe Wieskamp SF $1,927,896 $1,927,896 - - - $1,927,896 1.11 1.44 $1,927,896
($0)
RoS / Minimum
G'teed: $0
Koloko Christian Koloko C $1,719,864 $1,719,864 - - - $1,719,864 0.99 1.28 $3,739,563
($1,719,864)
Drafted / NT-MLE


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 (5) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
PoeltlJakob Poeltl C - $17,856,481 Bird
BantonDalano Banton PG $2,189,698 $2,189,698 Restricted Early Bird
BartonWill Barton SG - $1,989,698 Non-Bird
DowtinJeff Dowtin PG $1,774,999 $1,774,999 Two-Way
Harper Jr.Ron Harper Jr. SG $1,774,999 $1,774,999 Two-Way
Round 1, Pick #13       $4,469,280  


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 ($169,000,000) 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 ($169,000,000), 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
$12,221,000 $12,221,000
Bi-Annual
$4,448,000 $4,448,000


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 $162,000,000
Total Taxable Salaries $143,879,331
Current Luxury Tax Space $18,120,669


2023-24 Toronto Raptors Salary Cap Totals

The Raptors are currently over the league salary cap. This means Cap Holds & Exceptions are NOT included in their Total Cap Allocations, and renouncing these figures will not afford them any cap space. The team may only sign outside players using any available exceptions or at league minimum salaries.

Cap Type Cap Total
Active Roster Cap $143,879,331
Cap Holds $30,055,155
Total Cap Allocations $173,934,486
Salary Cap Maximum
2023 NBA Salary Cap Max $134,000,000
Current Cap Space $-39,934,486
"Super Tax" Apron
2023 NBA Super-Tax Apron $179,500,000
Super-Tax Apron Space $34,870,669
 

2023-24 Practical Cap Space

Available Practical Cap Space: $-6,402,321 — $32,036,935

$-6,402,321
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.

$32,036,935
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
6/15/2023 Fred VanVleet 2023-24 Player Option $22,824,074
6/15/2023 Gary Trent Jr. 2023-24 Player Option $18,560,000
6/20/2023 Otto Porter Jr. 2023-24 Player Option — exercised 4/25/23 $6,300,000
6/29/2023 Joe Wieskamp 2024-25 Qualifying Offer $2,433,712
6/29/2023 Ron Harper Jr. 2023-24 Qualifying Offer — Two-Way $1,774,999
6/29/2023 Jeff Dowtin 2023-24 Qualifying Offer — Two-Way $1,774,999
6/29/2023 Dalano Banton 2023-24 Qualifying Offer $1,954,398
6/30/2023 Joe Wieskamp 2023-24 Guaranteed $1,927,896
6/30/2023 Thaddeus Young 2023-24 Guaranteed $8,000,000
10/31/2023 Scottie Barnes 2024-25 Club Option $10,130,980
6/18/2024 Christian Koloko 2024-25 Guaranteed — two days before 2024 NBA Draft - TBD $2,019,699
6/29/2024 OG Anunoby 2024-25 Player Option $19,928,571
6/30/2024 Precious Achiuwa 2024-25 Qualifying Offer $6,275,862
6/30/2024 Malachi Flynn 2024-25 Qualifying Offer $5,809,537
6/29/2025 Scottie Barnes 2025-26 Club Option $13,362,763
6/29/2025 Christian Koloko 2025-26 Qualifying Offer $2,524,624




Unsigned Draft Picks

Draft Year Player Age Position Country College
2000 DeeAndre Hulett 42 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
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-6 Protected (if not already settled with SAS)
SAS
7-30 (if not already settled)
2027
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
LAC
via MEM
2025
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