Raptors Rumors

Raptors, Gary Trent Jr. Nearing Multiyear Extension

After exercising his 2023/24 player option worth $18,785,000, Gary Trent Jr. is closing in on a “lucrative multiyear extension” with the Raptors, league sources tell Chris Haynes of TNT and Bleacher Report (Twitter link).

Trent will be extension-eligible on July 7, so a new deal would technically have to wait about a week before becoming official.

The 24-year-old had long been expected to opt out of his option in order to hit the open market and sign a longer-term deal worth perhaps $18-20MM annually. It seems as though that will be coming to fruition, but instead of with a new club, the young shooting guard will be staying with Toronto.

As Blake Murphy of Sportsnet.ca notes (via Twitter), Trent’s extension technically could be worth up to $116.4MM with a starting salary of $25.98MM in ’24/25 due to a change in how veteran extensions work in the new CBA. Murphy doesn’t think Trent will receive that robust total, but it gives more wiggle room for negotiating a larger sum.

Trent is coming off a solid two-and-a-half year stint in Toronto in which he averaged 17.7 points per game on .420/.374/.843 shooting while chipping in 1.6 SPG. He was acquired via trade from Portland in March 2021 for Norman Powell.

The Raptors have been active in free agency, re-signing Jakob Poeltl to a four-year deal but losing longtime veteran Fred VanVleet, who received a three-year, maximum-salary contract from the Rockets. Toronto quickly pivoted to replace VanVleet by signing Dennis Schröder.

Raptors Re-Sign Jakob Poeltl To Four-Year Contract

JULY 6: The Raptors have officially re-signed Poeltl, the team announced today in a press release.

“Jakob brought an immediate presence on the floor when he returned to us last season. He’s a smart, hard-nosed rim protector,” Raptors president Masai Ujiri said in a statement. “We have been strong believers in Jakob as a player and as an individual since day one, and we are thrilled that he will be a Raptor for years to come.”


JUNE 30: The Raptors accomplished one of their offseason priorities, as they reached a four-year agreement with center Jakob Poeltl, according to ESPN’s Adrian Wojnarowski (Twitter link).

The contract is worth $80MM and includes a player option in the fourth year.

Toronto was intent on retaining Poeltl after re-acquiring him from the Spurs last season. Poeltl, who played his first two seasons with Toronto before a 4 1/2-year stint with San Antonio, averaged 13.1 points, 9.1 rebounds, 2.2 assists, 1.3 blocks and 1.2 steals in 26 games with the Raptors last season.

Poeltl stabilized a position that had been in flux for several seasons. The Rockets and Spurs were reported to have interest in Poeltl, 27, but he obviously felt comfortable staying with the Raptors in the prime of his career.

Free Agent Rumors: Lopez, Rockets, DiVincenzo, Warriors, Saric, Mavs, Gordon, FVV, More

Bucks center Brook Lopez is expected to be offered a two-year contract worth approximately $40MM from the Rockets, Jake Fischer of Yahoo Sports reports.

Houston, which has the most cap space this summer, has a meeting lined up with Lopez. The veteran center’s free agent decision is expected to come down to remaining in Milwaukee or joining the Rockets. The Rockets have a 20-year-old center in Alperen Sengun, a 2021 first-rounder, but Lopez could serve as a mentor to Houston’s youthful big men while stabilizing its defense and stretching the floor offensively.

We have more free agent news:

  • Warriors guard Donte DiVincenzo has four meetings lined up on Friday and Saturday, Steve Popper of Newsday tweets. DiVincenzo entered the market when he declined his $4.7MM option. The Knicks, Timberwolves, Pelicans, Pistons, Rockets, Magic, and Bulls have all been mentioned as potential pursuers for DiVincenzo, who could command the full $12.4MM non-taxpayer mid-level exception. The Warriors can only offer a four-year, $23.2MM deal due to cap restrictions since they only held his Non-Bird rights.
  • The Warriors are likely to land unrestricted free agent Dario Saric, according to Monte Poole of NBC Sports Bay Area (Twitter link). Golden State is looking for a stretch four with a high basketball IQ and solid all-around skills. The 29-year-old Saric would also fit the team’s win-now approach. Saric, who tore his ACL during the 2021 playoffs, appeared in a total of 57 regular-season games with the Suns and Thunder this past season. The Warriors are generally seeking to sign swingmen and frontcourt players who shoot well on veteran’s minimum contracts, ESPN’s Marc J. Spears tweets.
  • Celtics restricted free agent Grant Williams will likely have to be patient to find an interested bidder, according to Fischer. Though the Celtics have acquired Kristaps Porzingis, it’s not out of the question Boston could match an offer sheet for Williams, who reportedly will have difficulty finding an offer above the non-taypayer mid-level exception.
  • The Mavericks has been linked to various wings and forwards, including Williams, Jae Crowder, Eric Gordon, and Malik Beasley, Fischer adds. League executives who have spoken to Yahoo Sports believe Gordon, who will enter the market after the Clippers decided not to guarantee his contract, could command the full mid-level or close to it.
  • Raptors guard Fred VanVleet is meeting with Toronto’s brass at the start of free agency and there’s optimism within the organization they can keep him in the fold, Michael Grange of Sportsnet.ca tweets. According to Grange, a four-year deal averaging $30MM might be enough to convince VanVleet, who declined a $22.8MM option in order to enter free agency, to re-sign.

Latest On Gabe Vincent, Max Strus

Free agent guard Gabe Vincent isn’t satisfied with the Heat‘s contract offer and will likely leave the team unless it improves, sources tell Barry Jackson and Anthony Chiang of The Miami Herald.

Jackson and Chiang report that Miami proposed a deal worth slightly more than the three-year, $20.6MM contract Caleb Martin signed last summer. Vincent was reportedly expecting a lot more after taking over as the Heat’s starting point guard and helping them reach the NBA Finals. Team president Pat Riley traveled to Los Angeles this week to meet with Vincent and urge him to re-sign, according to the authors.

Backcourt partner Max Strus seems certain to get a better deal that what the Heat can offer, according to Jackson and Chiang, who report that a three-team sign-and-trade swap has been discussed that would send Strus to the Cavaliers. They don’t identify who else would be involved, but Miami would receive a trade exception and a second-round pick in return. The Pacers, Pistons and Magic have also been identified as potential destinations for Strus.

Re-signing Vincent or Strus would be expensive for the Heat, who already have $179.3MM committed for next season, which is above the projected $165MM luxury tax line. The authors note that giving either player a new deal starting at $12MM would add more than $30MM to the team’s tax bill.

Marc Stein confirms in his latest Substack column that Cleveland is a legitimate threat to add Strus. Stein, who reported this week that Indiana was considering a three-year, $48MM offer for the 27-year-old shooting guard, has since been told that there are multiple suitors for Strus and that Indiana may not be his most likely destination. Cleveland is working to upgrade its outside shooting, Stein adds.

The Raptors could be an option for Vincent if Fred VanVleet signs with the Rockets, suggests Michael Grange of Sportsnet.ca (Twitter link). Sources tell Grange that Vincent isn’t expected to return to the Heat and that an offer worth the full $12.4MM non-taxpayer mid-level exception should be enough to land him.

Stein’s Latest: Mavs, D. Powell, VanVleet, Schröder, D. Hall

The Mavericks “fully intend” to re-sign center Dwight Powell in free agency, Marc Stein reports in his latest rumor round-up at Substack. According to Stein, the Cavaliers and Rockets are also expected to show interest in Powell once he hits the open market, but the Mavs value him both on and off the court and are confident about their chances to retain him.

With Powell, Richaun Holmes, and lottery pick Dereck Lively II expected to be in the mix at center in Dallas, it didn’t make sense for Andre Drummond to turn down his player option with the Bulls in the hopes of signing with the Mavericks, Stein explains, following up on a previous rumor. If the Mavs had been able to trade Holmes, it might’ve been a different story, but Drummond opted for the guaranteed money and a clearer path to rotation minutes in Chicago.

Here’s more from Stein:

  • Fred VanVleet‘s current plan is to meet with both the Raptors and Rockets in person in Los Angeles when free agency opens on Friday, Stein tweets, reiterating in today’s article that Houston looks like a serious threat to sign the point guard away from Toronto.
  • The Lakers are “eager” to bring back point guard Dennis Schröder and would like to give him a raise, but will have a limited ability to do so with his Non-Bird rights. Echoing ESPN’s Dave McMenamin, Stein says there’s a scenario in which Los Angeles commits a portion of its mid-level exception to Schröder and uses the rest on another player.
  • Former NBA big man Donta Hall, who is in the midst of a multiyear contract with AS Monaco in Europe, has an NBA opt-out in his deal and is attracting some interest from teams stateside, according to Stein, who names the Grizzlies and Trail Blazers as a couple of the clubs eyeing Hall.
  • One Western Conference front office executive was surprised by how many potential free agents exercised their player options. “I’ve never seen this many good players opt in,” the executive told Stein.

Warriors Rumors: Green, DiVincenzo, Kuminga, Poole, Paul, Thompson

The Warriors are optimistic about re-signing Draymond Green and have been discussing a three-year deal with his representatives, according to Michael Scotto of HoopsHype and Anthony Slater of The Athletic. Slater says trading for Chris Paul was a win-now move that the team wouldn’t have made without a level of confidence that Green will return. He projects a new contract for Green starting close to the range of the $27.6MM player option that he declined, but adds that every $1MM the Warriors can save is important because of their inflated tax bill.

There may not have been a realistic market for Green in free agency, Scotto adds. The Kings were floated as a possibility because their head coach is former Warriors assistant Mike Brown, but Scotto points out that they’re hoping to sign Kyle Kuzma and had to work out a new deal with Harrison Barnes. The Pistons and Grizzlies were also mentioned, but Slater states that Memphis dropped out of consideration with the Marcus Smart trade.

There’s more on the Warriors:

  • Donte DiVincenzo is expected to sign elsewhere and may be able to land a non-taxpayer MLE, which would be more than twice what Golden State can offer him, according to Scotto. Sources tell C.J. Holmes of The San Franciso Chronicle that the Knicks have emerged as the favorite to land DiVincenzo, who prefers to play on the East Coast and is hoping to receive a contract starting at $9-12MM. However, Scotto isn’t convinced that DiVincenzo would be a good fit in New York considering the number of guards already on the roster.
  • The Pacers were among the teams that inquired on Jonathan Kuminga, offering mainly draft assets in return, sources tell Scotto. Slater also cites interest from the Raptors and says Golden State began asking about OG Anunoby before the trade deadline. However, Slater doesn’t believe the Warriors have been shopping Kuminga, saying the organization still has confidence in him and he’ll likely be on the team when next season begins.
  • The decision to part with Jordan Poole in the trade for Paul was necessary to unload his contract, but coach Steve Kerr welcomed the chance to move on from a player who was fourth in the league in turnovers last season and often took poor shots, Slater states. Slater envisions Paul as the leader of the second unit, helping to develop young players such as Kuminga and Moses Moody.
  • Getting rid of Poole’s contract increases the chances for a Klay Thompson extension, according to Slater. Paul’s $30MM salary for 2024/25 is non-guaranteed, so more long-term money is available for Thompson. Slater doesn’t believe the Warriors have started negotiating a salary with Thompson yet, but he expects the veteran guard will have to accept a reduction from his current $43MM.

Scotto’s Latest: DiVincenzo, VanVleet, Poeltl, Lakers, Niang, Gallinari, More

Donte DiVincenzo is expected to be a popular target on the free agent market, according to Michael Scotto of HoopsHype, who identifies the Knicks, Timberwolves, Pistons, Pelicans, Rockets, Magic, and Bulls as teams that have interest in the veteran swingman. After settling for a $4.5MM salary in his last foray into free agency a year ago, DiVincenzo could get offers in the neighborhood of the full non-taxpayer mid-level exception ($12.4MM) this time around, says Scotto.

Here are a few more highlights from Scotto’s latest round-up of news and rumors from around the NBA:

  • The Raptors are hoping to re-sign Fred VanVleet on a three-year deal in the range of $90-100MM, says Scotto. The team is also looking to bring back center Jakob Poeltl, but may face serious competition from the Rockets on both players. Although Brook Lopez has been considered Houston’s primary target at center, there’s a belief that Lopez would prefer to return to the Bucks as long as their offer is in the same ballpark as Houston’s, Scotto explains. That could prompt Houston to pivot to Poeltl, who is also expected to receive from the Spurs, as previously reported.
  • While the Lakers would like to re-sign Dennis Schröder, they’re keeping an eye on several other free agent point guards, including Shake Milton, Cory Joseph, and Jevon Carter, says Scotto. In addition to the Bucks and Lakers, Carter is expected to receive interest from the Timberwolves and Suns, among others, Scotto adds.
  • Scotto is the second reporter to link Georges Niang to the Cavaliers today, noting that Cleveland offered a pair of second-round picks for him at the trade deadline. The Sixers, Bulls, and Spurs are a few of the other clubs expected to express interest in Niang, league sources tell HoopsHype.
  • Despite a report indicating that the Wizards are likely to buy out Danilo Gallinari, the two sides haven’t had any discussions about that possibility yet, per Scotto, who writes that the veteran forward is comfortable with the idea of opening the season in D.C.
  • According to Scotto, former NBA wing Glenn Robinson III is attempting a comeback, having signed with agent Keith Kreiter and scheduled workouts with a handful of NBA teams in Las Vegas last month. A career 37.3% three-point shooter, Robinson has been out of the league for the last two seasons.
  • Vin Bhavnani and Mike Batiste are expected to join the Raptors as assistants on Darko Rajakovic‘s new coaching staff, Scotto reports. Bhavnani is a former Thunder assistant, while Batiste was on Stephen Silas‘ staff in Houston last season.

Raptors To Make Dalano Banton Unrestricted Free Agent

The Raptors are not extending a qualifying offer to reserve point guard Dalano Banton, making him an unrestricted free agent this summer, per Blake Murphy of Sportsnet.ca (Twitter links).

Toronto’s decision on the qualifying offer doesn’t necessarily rule out the possibility of a new deal with Banton, Murphy notes. However, the Raptors are declining his qualifying offer because it would be worth more than a two-year veteran’s minimum deal.

During his second NBA season, the 23-year-old out of Nebraska saw limited run with the Raptors. He averaged 4.6 PPG, 1.5 RPG and 1.2 APG in 9.0 MPG across 31 contests with the club.

Toronto is, however, extending qualifying offers to the team’s two two-way signings from 2022/23, point guard Jeff Dowtin and power forward Ron Harper Jr., Murphy reports.

While Murphy believes Dowtin could possibly return to the Raptors next season, either on a standard or two-way deal, he believes Harper may have to compete for a spot this summer.

In 25 games with the Raptors proper, Dowtin averaged 2.4 PPG, 1.2 APG and 0.9 RPG. In 19 games for Toronto’s NBAGL affiliate, the Raptors 905, the 6’3″ guard out of Rhode Island averaged a more robust 16.9 PPG on .502/.413/.771 shooting splits, plus 6.1 APG, 4.2 RPG, and 1.7 SPG.

Harper similarly appeared sparingly with Toronto’s NBA franchise, averaging 2.2 RPG in just nine games. Like, Dowtin, the 6’6″ forward also enjoyed a strong showing for the Raptors 905. He logged 16.7 PPG on .501/.366/.776, while also chipping in 5.1 RPG, 4.0 APG, 1.2 BPG and 1.0 SPG.

Raptors Notes: VanVleet, Poeltl, Siakam, Anunoby, Wieskamp

In a look at where the Raptors stand heading into free agency, Eric Koreen of The Athletic expects the team to re-sign both Fred VanVleet and Jakob Poeltl, although it will be expensive to do so. Koreen projects a four-year, $130MM contract for VanVleet and a three-year, $63MM deal for Poeltl. That would give Toronto $164.8MM committed to 12 players for the upcoming season, leaving no way to fill out the roster without exceeding the projected luxury-tax threshold of $165MM.

The Rockets may be ready to offer VanVleet a maximum-salary contract, but they reportedly want to limit it to two years. Toronto’s willingness to commit to a longer deal could be enough to convince him to stay, although Koreen also explores sign-and-trade possibilities with the Bulls, Timberwolves and Nets.

The Thunder and Spurs appear to be the best options for Poeltl, Koreen states, although he’s not sure if either franchise will offer a big-money deal to a center with limited shooting range. Koreen also cites the Bucks, Bulls, Lakers and Mavericks as teams that might pursue a sign-and-trade.

There’s more on the Raptors:

  • Draft night was probably the best time to work out a trade involving Pascal Siakam or OG Anunoby, Koreen adds. A recent report that Siakam may not be open to re-signing with any team that trades for him should cool off his market, but Koreen expects Toronto to still get offers for Anunoby. He also believes it’s likely that both players will start next season with the Raptors, but they probably won’t agree to extensions this summer.
  • Anunoby has selected CAA Basketball as his new representative, the agency announced (via Twitter). If Anunoby doesn’t sign an extension, he could become a free agent in 2024 by turning down a $19.9MM player option.
  • Joe Wieskamp and the Raptors have reached an agreement to extend the guarantee date for next season’s contract to July 18, tweets Blake Murphy of Sportsnet.ca. The front office wants to see how he performs during Summer League before committing to another season, adds Murphy, who believes Wieskamp may get a small partial guarantee on the deal for agreeing to the change.

Heat Rumors: Vincent, Strus, Lowry, Wood, Herro

The Heat have two rotation guards facing unrestricted free agency this week, and Gabe Vincent is considered a better bet to remain in Miami than Max Strus, writes Jake Fischer of Yahoo Sports.

There’s mutual interest in a new deal between the Heat and Vincent, whom the team values at a figure of about $10MM per year, sources tell Yahoo Sports.

As Fischer outlines, teams like the Suns, Pistons, Sixers, and Mavericks initially appeared to be among Vincent’s potential suitors. However, the Suns were probably only in play if they’d been forced to waive-and-stretch Chris Paul, while the Pistons may no longer be in the market for a free agent guard after making a trade for Marcus Sasser on draft night. Philadelphia and Dallas, meanwhile, would have interest in a guard like Vincent if they’re unable to re-sign James Harden and Kyrie Irving, respectively, but for now those stars appear likely to stick with their current teams.

Strus should be more popular on the open market, with cap-room teams like the Pistons, Pacers, and Magic among the possible suitors cited by league personnel, Fischer writes. Some clubs with the full mid-level exception will also have interest in Strus, according to Fischer — he mentions the Cavaliers as one, though he notes that Cleveland is also eyeing free agents like Kelly Oubre and Georges Niang.

ESPN’s Zach Lowe said on his latest Lowe Post podcast that there’s a “ridiculous” amount of Strus buzz happening around the NBA right now. Lowe is confident that Strus will at least get a deal worth the full mid-level exception ($12.4MM) and says a team with cap room might top that figure, which is a point Fischer makes as well. People around the league aren’t expecting Strus to re-sign with the Heat, Fischer adds.

Here’s more on the Heat:

  • If Miami re-signs Vincent and doesn’t find a trade that requires Kyle Lowry‘s $29.7MM expiring contract, league personnel are preparing for the possibility that the Heat will waive Lowry, says Fischer. A report on Tuesday indicated that the team was considering the possibility of using the stretch provision on the veteran point guard. There’s already speculation about his possible free agent destinations, Fischer says, noting that a return to the Raptors would be a possible path for Lowry in that scenario.
  • Christian Wood has been continually identified by league personnel as a player who is on the Heat’s radar in free agency, Fischer reports. Wood isn’t expected to re-sign with Dallas.
  • If the Heat get the opportunity to make a play for Damian Lillard, there’s an expectation that Tyler Herro will be part of the package they offer the Trail Blazers. However, sources tell Chris Mannix of SI.com that Portland is “lukewarm” on Herro. It’s a moot point for now, since the Blazers remain focused on keeping Lillard. But if Dame does request a trade, it could become an important factor in trade talks.