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What does the latest CBA news mean for the Toronto Raptors?

We dove fairly deeply into the Raptors’ salary cap planning for the next couple of seasons here and here — and not much has changed. The open question at the time, however, was how the NBA would adjust to the financial changes wrought by the COVID-19 pandemic. More to the point, what would a sizable loss in league revenue mean for the NBA’s salary cap and upcoming free agency period?

We have a little more clarity about all of that now as we dive into the off-season in earnest and race towards the 2020-21 year.