GREAT NEWS: How the NBA’s Updated Salary Cap Will Impact the Raptors

The Toronto Raptors this summer will be slightly impacted by the NBA’s salary cap, which is coming in lower than anticipated.
The Toronto Raptors salary cap room for the upcoming season will be somewhat less than anticipated.

The salary cap for the upcoming season is likely to be $141 million instead of the $142 million that the NBA had originally anticipated, according to Shams Charania’s latest forecasts.

According to ESPN’s Adrian Wojnarowski, it is currently anticipated that the luxury tax threshold would be $172 million, with a first tax apron level of $179 million and a second tax apron level of $190 million.

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The Raptors, who have set aside $88.7 million for guaranteed wages for the upcoming season, will only be impacted by the salary ceiling and luxury tax level. Additionally, they have a $12.5 million cap for Immanuel Quickley, who is very set to sign a new contract with Toronto this summer. That implies that if Toronto gave up its rights to all of its incoming free agents but Quickley, the team might have as much as nearly $40 million in salary space.

If the Raptors deal Chris Boucher and Jalen McDaniels for expiring contracts, they may free up an additional $15.5 million in cap space. That would give Toronto enough leeway to add a player to a maximum contract this summer, though given the talent available, that seems improbable. Pascal Siakam and OG Anunoby, two players the Raptors traded earlier this year, are among the best players still available.

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During Masai Ujiri’s time with the team, Toronto has only once functioned as a team with cap space. DeMarre Carroll was signed by the Raptors to a multi-year contract using that slot. Apart from that, though, Toronto has consistently been above the cap and has added players in the offseason by using the mid-level exception.

How the Raptors will play this summer is a mystery. Toronto’s position relative to the salary limit and luxury tax level will probably not change if they add long-term capital at the trade deadline next month.

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