Toronto Raptors Salary Cap

What the Raptors owe, what counts against the cap, and how much room they have to add players. Every number is computed live; tap any underlined term or figure to see how it's built.
2026-27 cap report
Over the cap
Raptors are $28.1M over the cap on payroll.
An over-the-cap team builds with exceptions, not cap space. $7.9M of room before the luxury tax.
Real payroll$193.1M
Free-agent holdsplaceholder$12.1M
A cap hold is a placeholder charge for a team's own free agent, sized by his Bird bracket. The Raptors carry $12.1M in free-agent holds plus $4.1M in draft-pick holds; these count against the cap only, never the tax or aprons. What is the cap hold?
Draft-pick holdsplaceholder$4.1M
Unsigned first-round picks count 120% of their rookie-scale slot against the cap. The Raptors carry $4.1M in pick holds. What is the draft pick hold?
Counts against the cap$209.2M
League cap line$165.0M
Salary capRaptors are here
Build via exceptions
$28.1M over
vs $165.0M · payroll
The salary cap is $165.0M (projected). The Raptors' cap salary (contracts, dead money and holds) is $209.2M, putting them $44.2M over the cap, so they build the roster with exceptions and Bird rights instead of cap space. What is the salary cap?
Luxury tax
No tax bill
$7.9M under
vs $201.0M · payroll
The luxury-tax line is $201.0M (projected); holds don't count against it, only contracts and dead money ($193.1M for the Raptors). They have $7.9M of room before the luxury tax. What is the luxury tax?
1st apron
Full toolkit
$14.6M under
vs $209.0M · payroll
The first apron sits at $209.0M (projected), about $8.0M above the tax line. The Raptors have $14.6M of room before the first apron. What is the first apron?
2nd apron
Below the ceiling
$27.6M under
vs $222.0M · payroll
The second apron sits at $222.0M (projected). The Raptors have $27.6M of room before it. What is the second apron?

The four lines a team's spending crosses, low to high. The highlighted one is where the Raptors sit now; faded lines aren't a factor this season. Tap any line for what it means.

Holds intact = an over-the-cap team with Bird rights. Renounce all free-agent holds (keeping draft picks) and room becomes −$32.1M, forfeiting Bird rights. How renouncing works →

The books · 2026-27 focused

PlayerPos2026-27cap $165.0M2027-28cap $176.6M2028-29cap $188.9M2029-30cap $202.1M2030-31cap $216.3M
Signed contracts
An over-the-cap team can't spend cap space, but the CBA still gives it tools: exceptions. The Raptors' current tools are Non-Taxpayer MLE ($15.1M), Bi-Annual Exception ($5.4M), plus Bird rights to re-sign their own free agents. How do teams build over the cap?
Scottie BarnesG$41.8M$44.8M$47.9M$51.0M
Brandon IngramF$40.0MPO$41.9M
Immanuel QuickleyG$32.5M$32.5M$32.5M
RJ BarrettF$29.6M
CPO$19.5M$27.3M$29.5M$27.3M
Jakob Poeltl holds a player option for $19.5M this season; he decides whether it's exercised. What is a player option?
GTO$7.1M
Gradey Dick holds a team option for $7.1M this season; the Raptors decide whether it's exercised. What is a team option?
Collin Murray-BoylesF$6.6MTO$7.0MTO$8.9M
GTO$3.8MTO$5.9M
Ja'Kobe Walter holds a team option for $3.8M this season; the Raptors decide whether it's exercised. What is a team option?
FPO$2.8M
Sandro Mamukelashvili holds a player option for $2.8M this season; he decides whether it's exercised. What is a player option?
FTO$2.4M
Trayce Jackson-Davis holds a team option for $2.4M this season; the Raptors decide whether it's exercised. What is a team option?
Jamison BattleF$2.3M
FTO$2.3M
Jonathan Mogbo holds a team option for $2.3M this season; the Raptors decide whether it's exercised. What is a team option?
GTO$2.3M
Jamal Shead holds a team option for $2.3M this season; the Raptors decide whether it's exercised. What is a team option?
Signed contracts subtotal$193.1M$159.4M$118.8M$78.3M$0.0M
Cap holdsplaceholders, not paid
A cap hold is a placeholder charge for a team's own free agent, sized by his Bird bracket. The Raptors carry $12.1M in free-agent holds plus $4.1M in draft-pick holds; these count against the cap only, never the tax or aprons. What is the cap hold?
Free agents · Bird % of prior salary, renounce to clear
F$2.8M
Garrett Temple carries a 120% cap hold: 120% of his $2.3M prior salary = $2.8M against the Raptors' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.8M
Chris Paul carries a 120% cap hold: 120% of his $2.3M prior salary = $2.8M against the Raptors' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.2M
Braxton Key carries a 120% cap hold: 120% of his $51K prior salary = $2.2M against the Raptors' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.2M
Players on the roster without a standard contract (two-way, Exhibit-10) carry a flat minimum hold of $2.2M (projected) each against the Raptors' cap. What is the minimum cap hold?
F$2.2M
Players on the roster without a standard contract (two-way, Exhibit-10) carry a flat minimum hold of $2.2M (projected) each against the Raptors' cap. What is the minimum cap hold?
F$62.9M
Bird rights let the Raptors re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$48.8M
Bird rights let the Raptors re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$44.4M
Bird rights let the Raptors re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$26.6M
Bird rights let the Raptors re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$21.4M
Bird rights let the Raptors re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$17.6M
Bird rights let the Raptors re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$7.2M
Bird rights let the Raptors re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$6.9M
Bird rights let the Raptors re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$6.9M
Bird rights let the Raptors re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$3.6M
Early Bird rights (after two seasons with the team) let the Raptors re-sign a player up to 175% of his prior salary or 105% of the league average; his cap hold is 130% of prior salary. What are Early Bird rights?
F$2.8M
Non-Bird rights (after one season) only allow a raise to 120% of prior salary; the cap hold is likewise 120% of prior salary. What are non-Bird rights?
Unsigned first-rounders · 120% of rookie scale
Unsigned first-round picks count 120% of their rookie-scale slot against the cap. The Raptors carry $4.1M in pick holds. What is the draft pick hold?
2026 first round (No. 19)$4.1M
Cap holds subtotal$16.1M$93.2M$80.5M$75.4M$0.0M
Counts against the cap$209.2M$252.6M$208.4M$166.7M$20.9M
Hold values are computed: draft picks at 120% of the rookie-scale slot (season-adjusted), free agents at the Bird % of prior salary (Non 120%, Early 130%, Bird 150/190/250/300%), or a flat minimum. This table is read-only; edit source data in the database to change values.

Tax & apron position · 2026-27

FLOOR
$149.0M
TAX
$201.0M
APRON 1
$209.0M
APRON 2
$222.0M
Raptors $194.4M
Marker = tax/apron salary (contracts + dead money); holds don't count here. Cap space is separate (includes holds) and shown in the report above.

Free-agent capacity · 2026-27

Non-Taxpayer MLEup to $15.1M
Hard-caps you at the first apron.
The Raptors can offer the full non-taxpayer mid-level: up to $15.1M (projected) starting salary, up to 4 years. Using it hard-caps them at the first apron. What is the mid-level exception (non-taxpayer)?
Bi-Annual Exceptionup to $5.4M
Every other year. Also hard-caps at the first apron.
The Raptors can use the bi-annual exception: $5.4M (projected) starting salary, up to 2 years, but only if they didn't use it last season. It hard-caps them at the first apron. What is the bi-annual exception?
Bird rights
Re-sign your own free agents up to the max.
Bird rights let the Raptors re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
25%
0–6 yrs
$41.3M
30%
7–9 yrs
$49.5M
35%
10+ yrs
$57.8M
Max starting salary by experience tier. Tap for how the tiers work.
Max contracts scale with experience (projected): $41.3M starting salary for 0–6 years, $49.5M for 7–9, $57.8M for 10+ (25/30/35% of the cap). How do NBA max salaries work?
Outside FAs can only be signed at the max using cap space; otherwise capped by the tools above.

Decision points · 2026-27

Option calls ahead of 2027-28
Brandon IngramPlayer option$41.9M
A player option (PO badge) lets the player choose between staying for that year's salary or becoming a free agent. What is a player option?
Collin Murray-BoylesTeam option$7.0M
A team option (TO badge) lets the Raptors choose whether to keep the player for that year's salary or let him become a free agent. What is a team option?
Ja'Kobe WalterTeam option$5.9M
A team option (TO badge) lets the Raptors choose whether to keep the player for that year's salary or let him become a free agent. What is a team option?
Expiring after 2026-27RJ Barrett$29.6MGradey Dick$7.1MSandro Mamukelashvili$2.8MTrayce Jackson-Davis$2.4MJamison Battle$2.3MJonathan Mogbo$2.3M+1 more in the books above
The forks in the road as the books stand: options someone must pick up or decline, and salaries that come off after 2026-27. Tap an option for how it works.

Draft picks through 2032

The Raptors control 7 first-round and 6 second-round picks.

2026

2026 1st (own) · No. 19
2026 2nd (own)Toronto keeps its own second at pick 50. An Indiana claim that applied only if it landed 56-60 lapsed when it settled higher.

2027

2027 1st (own)
2027 2nd (own)

2028

2028 1st (own)
2028 2nd (own)

2029

2029 1st (own)
2029 2nd (own)

2030

2030 1st (own)
2030 2nd (own)

2031

2031 1st (own)
Their own 2nd, owed to NOPOwed to New Orleans in the February 2026 Brandon Ingram acquisition.

2032

2032 1st (own)
2032 2nd (own)

Protections and swap conditions in plain English. Full story on the Raptors draft picks page.