The Raptors are promoting two-way player A.J. Lawson to a standard contract that covers the rest of 2025/26, agents Todd Ramasar and Mike Simonetta tell Shams Charania of ESPN (Twitter link).
Blake Murphy of Sportnet.ca confirms (via Twitter) that Lawson’s contract will expire this summer, making him a free agent. Converting Lawson’s contract will make him eligible for the postseason, as two-way players are unable to compete after the regular season ends.
A 6’5″ guard/forward, Lawson has appeared in 23 NBA games in his second season with the Raptors, averaging 4.0 points and 1.9 rebounds while shooting 41.5% from three-point range in 9.3 minutes per contest. He has also spent extended time in the G League with the Raptors 905, averaging 21.6 PPG, 4.8 RPG, 2.3 APG and 1.4 SPG on .465/.360/.792 shooting in 36 games (31.9 MPG).
Lawson, a Toronto native who went undrafted in 2021 out of South Carolina, is in his fourth NBA season, having previously spent time with Minnesota and Dallas. The 25-year-old was also promoted from a two-way deal to a standard contract by the Raptors last April. He was waived in mid-October, but re-signed with his hometown team two days later on a new two-way agreement.
Toronto created a roster opening on Friday when the team waived Tyreke Key, a G League standout who was essentially given a nice bonus for his play with the 905. The 27-year-old combo guard didn’t make any appearances for the Raptors in his brief stint with the team.
Assuming Lawson receives a minimum-salary deal and is officially converted on Saturday, he’ll make $27,343 on top of his $636,435 two-way salary. If he’s promoted on Sunday, he’ll earn $13,672.
The Raptors need to win Sunday’s regular season finale against the tanking Nets to clinch their first playoff berth since 2021/22.