Keep in mind that these figures are just projections. But after a season that saw the cap stay flat with the 2019-20 value, the expectation is that things will get back on track for the 2021-22 campaign, meaning the salary cap can, once again, increase.
Another interesting aspect of the Raptors’ salary situation is the amount of non-guaranteed contracts they have. The word “exception” will be tossed around a lot here and that’s because the only way a team can sign a player or make a trade that would leave it above the salary cap is to use one of the legal exceptions as outlined in the NBA’s CBA. It’s because of these exceptions that nearly every NBA team can -- and will -- operate above the league salary cap at all times, treating the luxury tax threshold as the real spending deterrent.
When used, however, because a team will be over the apron, that club will be hard-capped to the apron’s value for the remainder of the season, meaning it can’t exceed the apron under any circumstance to make an additional move that year.Free agency isn’t the only way to improve a roster. There is, of course, still the avenue of the trade market. One way Toronto could help facilitate a potential deal would be through a “traded player exception.
Twice before over the span of his legendary run with the Raptors, Lowry has become and free agent and, in both instances, he opted to remain with the Raptors. But at 35 years old and with Toronto looking like a team in transition after it’s championship climax in 2019, this go-around seems different and there’s a very real possibility that he doesn’t return to Toronto next season.
Should the Raptors take a guard like Jalen Suggs at No. 4, it would be a pretty good indicator that Lowry is moving on and Suggs will be able to step in as the heir apparent point guard of Toronto’s future.
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