The Raptors must decide how deep their willing to go on a contract for Fred VanVleet, who will be one of the most sought after free agents this summer. They must also consider re-signing Marc Gasol, Serge Ibaka, and Rondae Hollis-Jefferson with no center currently under contract. If all those free agents leave, the Raptors could have $25 million in cap space. Otherwise they’re looking at the mid-level exception to sign another veteran player.
Key: Not Guaranteed / Team Option / Player Option / Cap Hold / Dead Money
2020/21 season
| Kyle Lowry | $30,500,000 |
| Pascal Siakam | $29,000,000 |
| Norman Powell | $10,865,952 |
| Patrick McCaw | $4,000,000 |
| OG Anunoby | $3,872,215 |
| Terence Davis | $1,517,981 |
| Dewan Hernandez | $1,517,981 |
| Matt Thomas | $1,517,981 |
| Norman Powell | $3,804,150 |
| Chris Boucher | $1,999,761 |
| Malcolm Miller | $1,999,761 |
| Oshae Brissett | $1,523,320 |
| Paul Watson | $1,523,320 |
| Marc Gasol | $38,393,550 |
| Serge Ibaka | $34,907,408 |
| Fred VanVleet | $17,757,691 |
| Rondae Hollis-Jefferson | $3,000,000 |
| FIRST-ROUND PICKS | $2,070,240 |
| ROSTER SPACE | $2,839,629 |
| CAP SPACE | $1,731,080 |
| CAP SPACE WITHOUT HOLDS | $104,906,131 |
| TAX SITUATION | -$53,921,721 |
2021/22 season
| Pascal Siakam | $31,320,000 |
| Dewan Hernandez | $1,782,621 |
| Matt Thomas | $1,782,621 |
| Norman Powell | $11,615,328 |
| Terence Davis | $2,049,757 |
| Kyle Lowry | $43,750,000 |
| OG Anunoby | $9,680,538 |
| Patrick McCaw | $7,600,000 |
| Stanley Johnson | $4,941,300 |
| FIRST-ROUND PICKS | $2,250,360 |
| ROSTER SPACE | $9,259,650 |
| CAP SPACE | $57,041,746 |
| CAP SPACE WITHOUT HOLDS | $127,313,701 |
| TAX SITUATION | -$117,897,379 |
2022/23 season
| Pascal Siakam | $33,640,000 |
| Dewan Hernandez | $2,228,276 |
| Matt Thomas | $2,228,276 |
| Norman Powell | $17,422,992 |
| FIRST-ROUND PICKS | $2,362,920 |
| ROSTER SPACE | $10,802,930 |
| CAP SPACE | $82,215,874 |
| CAP SPACE WITHOUT HOLDS | $106,458,338 |
| TAX SITUATION | -$124,910,000 |
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