Title:VanVleet re-signs, as jump in cap projection offers Raptors some relief
Date: July 1, 2018
Original Source: The Athletic
Synopsis: In my latest for The Athletic Toronto, I looked at what a slight uptick in salary cap projections means for the Raptors, as well as the fall-out from re-signing Fred VanVleet.
Ahead of last night’s start of free agency, the NBA released a memo to teams updating them on the salary cap and luxury tax lines for the 2018-19 season. Within was a modicum of good news for the Toronto Raptors, who could use every bit of breathing room a higher cap will afford them as they face a tight cap sheet and likely tax bill for the year to come. What follows are some brief notes on what a slightly higher cap projection might mean for the Raptors this summer and moving forward.
Fred VanVleet re-signs
Shams Charania is reporting that the Raptors have agreed to a two-year, $18-million deal with restricted free agent Fred VanVleet. My very positive thoughts on the deal can be found here, and Eric has something in the pipeline, too. A couple of quick thoughts: