AUGUST 13: While the Raptors haven’t yet issued a press release confirming the move, Monroe has officially signed with the club, per the NBA’s transactions log.
Monroe will get a one-year, $2.2MM deal, Charania adds (Twitter link) and will move from one Eastern Conference contender to another after finishing last season with the Celtics. Monroe will fill the backup center slot, according to Josh Lewenberg of TSN (Twitter link), who reported Toronto’s interest in Monroe last week.
The Raptors had their $5.3MM mid-level exception available, but are concerned about adding to their luxury tax bill. Toronto already had more than $137MM committed for next season before adding Monroe. He will become the 14th player on the roster with a fully or partially guaranteed contract.
An eight-year veteran, Monroe averaged 10.3 points and 6.9 rebounds last season while splitting time between the Bucks, Suns and Celtics. He was sent from Milwaukee to Phoenix in November as part of the Eric Bledsoe deal, then signed with the Celtics in February after agreeing to a buyout.
The addition of Monroe may signal the end of the Raptors’ relationship with Lucas Nogueira, who has been with the organization for the past four seasons. The free agent center got into 49 games last year and scored 2.5 points per night.
Photo courtesy of USA Today Sports Images.