The diligent Eric Pincus at Basketball Insiders has produced a financial analysis of every NBA team. This is a useful document for people like me, because I can compare the spending of the Toronto Raptors to all other teams.
I doubt you will be surprised when I tell you the Raptors, under the guiding hand of Masai Ujiri, are in sound shape. One key metric is what Pincus terms “Dead Money”, which are payments to waived players (or rare situations like Chris Bosh and the Miami Heat, who are on the hook for the ex-Raptor’s money but won’t put him on the roster for medical liability reasons).