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Raptors push Rodney Hood’s contract guarantee date to August 3

A minor move with medium implications today, as the Raptors announced they will push the contract guarantee date for Rodney Hood from July 27 to August 3. Hood has a team option for $10.85-million next season, which is unlikely to be picked up by Toronto.

Raptors and Rodney Hood have mutually agreed to push his guarantee date from today to Aug. 3 for his $10.85-million salary next year. Likely just Raps keeping options open for potential trades, with Hood acting as possible salary filler.

— (((Eric Koreen))) (@ekoreen) July 27, 2021

The extra week is very much a time purchase for Masai Ujiri, Bobby Webster, and the Raptors front office.