The Raptors have signed Delon Wright, whom they took No. 20 in last week’s draft, the team announced. The signing of a first-round pick is one of the few sorts of transactions allowed during the July Moratorium.
The formal signing is a subtle hint that the Raptors are out on targets like LaMarcus Aldridge, just as Justise Winslow‘s signing earlier today was for the Heat, though both may have more to do with having them under contract in time for summer league, as their cap holds increase, but only slightly. The cap hold for Wright had been nearly $1.258MM, and it increases to slightly more than $1.509MM as he formally joins Toronto’s roster, assuming the point guard from the University of Utah is getting the standard 120% of the rookie scale.
Wright was a slight reach, having been ranked No. 27 in Chad Ford’s ESPN Insider listings and No. 28 with Jonathan Givony of DraftExpress going into the draft. Still, he was a far more conventional selection than Bruno Caboclo was last year when Toronto took him at the same No. 20 spot.