The Raptors signed and subsequently waived free agent guard Tyreke Key, according to Blake Murphy of Sportsnet.ca (Twitter links), who confirms that Key received an Exhibit 10 deal.
After going undrafted out of Tennessee in 2023, Key spent his first professional season in Belgium as a member of the Leuven Bears, then played for the Raptors 905 in the G League in 2024/25.
Key made 42 total appearances in the Tip-Off Tournament and regular season for Toronto’s G League affiliate last season, averaging 6.8 points, 2.2 rebounds, and 1.5 assists in 21.5 minutes per game, with a shooting line of .472/.395/.703.
As was the case with Quincy Guerrier on Tuesday, the sign-and-waive move is designed to allow the Raptors to give Key an Exhibit 10 bonus worth up to $85,300 (on top of his NBAGL base salary) if he rejoins the 905 and spends at least 60 days with the club.