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.

Raptors – The Athletic

Player Option
Club Option
Non-Guaranteed
Estimate
Player (8) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap Figure Cap % Cash Remaining
(Guaranteed)
Notes
Siakam Pascal Siakam PF $37,893,408 $37,893,408 - - - $37,893,408 25.77 $37,893,408
($37,893,408)
Rk Extension / Bird
VanVleet Fred VanVleet PG $22,824,074 $22,824,074 - - - $22,824,074 15.52 $22,824,074
($22,824,074)
Free Agent / Bird
Anunoby OG Anunoby SF $18,642,857 $18,642,857 - - - $18,642,857 12.68 $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 12.62 $18,560,000
($18,560,000)
Free Agent / Bird
Barnes Scottie Barnes SF $8,008,560 $8,008,560 - - - $8,008,560 5.45 $18,139,388
($8,008,560)
Drafted / Rookie Scale
Birch Khem Birch PF $6,985,000 $6,985,000 - - - $6,985,000 4.75 $6,985,000
($6,985,000)
Free Agent / NT-MLE
Achiuwa Precious Achiuwa PF $4,379,527 $4,379,527 - - - $4,379,527 2.98 $4,379,527
($0)
Acquired via Trade
G'teed: $0
Flynn Malachi Flynn PG $3,873,025 $3,873,025 - - - $3,873,025 2.63 $3,873,025
($0)
Drafted / Rookie Scale
G'teed: $0


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 (8) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
NogueiraLucas Nogueira C - $8,841,915 Bird
WainrightIshmail Wainright G $2,005,205 $2,005,205 Restricted Early Bird
BantonDalano Banton PG $1,954,398 $1,954,398 Restricted Early Bird
De ColoNando De Colo PG $1,828,750 $1,901,900 Restricted Early Bird
MykhailiukSviatoslav Mykhailiuk SG - $1,855,319 Early Bird
LinJeremy Lin PG - $1,805,205 Non-Bird
MeeksJodie Meeks SG - $1,805,205 Non-Bird
ThompsonJason Thompson PF - $1,805,205 Non-Bird
Incomplete Roster Charge 4 spots 4 spots       $3,926,424  


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.

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 Amount (Remaining) Reason/Notes Expire Date
Trade Exception $1,517,981
($1,517,981)
Matt Thomas trade with UTH 02/11/2022
Trade Exception $1,517,981
($1,517,981)
Terence Davis trade with SAC 02/11/2022
Trade Exception $4,832,848
($4,832,848)
Kyle Lowry trade with MIA 07/06/2022


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 $147,739,000
Total Taxable Salaries $126,954,804
Current Luxury Tax Space $20,784,196


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 $121,166,451
Cap Holds $25,900,776
Total Cap Allocations $147,067,227
Salary Cap Maximum
2023 NBA Salary Cap Max $121,575,000
Current Cap Space $-25,492,227
Salary Cap Floor
2023 NBA Salary Cap Floor $109,418,000
Current Floor Space $-11,748,451
 

2023-24 Practical Cap Space

Available Practical Cap Space: $9,798,419 — $49,219,281

$9,798,419
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.

$49,219,281
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
2023-24
10/31/2023 Scottie Barnes 2024-25 Club Option $10,130,828
06/29/2024 OG Anunoby 2024-25 Player Option $19,928,571
06/30/2024 Precious Achiuwa 2024-25 Qualifying Offer $6,275,862
06/30/2024 Malachi Flynn 2024-25 Qualifying Offer $5,809,537
2024-25
06/29/2025 Scottie Barnes 2025-26 Club Option $13,362,563