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Three potential reasons why the Toronto Raptors have waived Alex Len

Toronto Raptors - Marvin Bagley and Chris Boucher (Photo by Lachlan Cunningham/Getty Images)

Alex Len has just been waived by the Toronto Raptors, which is important because it is most likely signaling another transaction.

The Raptors were not making this move for cap space, as Alex Len was signed to a very small contract, but the team was using up all 15 contracts that the team is allotted. Therefore, another player is probably coming into the fold to replace Alex Len.

Yuta Watanabe being converted to a one-way contract.

Yuta Watanabe has been a pleasant surprise for the Toronto Raptors coming off of the bench this season.