Let’s review where Toronto is now contractually — if not geographically — with Fred VanVleet back, and Serge Ibaka out the door. The salary cap situation is set to change again fast, but we’ll see how that all eventually looks for the Raptors.
Fred VanVleet re-signed with the Raptors for four years and $85 million. The 4th year is a player option, and as we’ve been predicting, the Raptors asked for the second year to be the lowest salary.
We’ve gone over this before, but for a refresher, a contract can vary in salary from year to year, with the change from one year to the next limited to a small percentage of the first year salary (for a Bird Rights free agent like Fred, eight percent of the first year salary).