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Raptors News

Raptors exercise 3rd-year options on Poeltl, Siakam; 4th-year option on Wright

Some book-keeping here.

The Toronto Raptors locked in several parts of their near-term future on Monday, exercising their third-year options on Jakob Poeltl and Pascal Siakam and their fourth-year option on Delon Wright.

All three players were first-round picks and signed to rookie-scale deals, which give the player two guaranteed years and the team two option years at set salaries. Picking up the third-year option is almost always a certainty for teams, and even the fourth-year option winds up being a no-brainer most of the time. By picking up the options, the Raptors maintain an inexpensive pipeline of interesting talent, most of which is likely earmarked for important duty in the second-unit over the life of their deals.

Poeltl will earn $2,947,30 for 2018-19 and the team will have until Oct. 31 of 2018 to exercise a 2019-20 option on his deal for $3,754,886. Siakam will earn $1,544,951 for next season and the team will have until that same date to exercise a 2019-20 option for $2,351,839. Wright, meanwhile, will earn $2,536,898 for 2018-19 and is slated to become a restricted free agent after that, unless the sides can work out a rookie-scale extension by the start of the 2018-19 season.

Speaking of rookie-scale extensions, the Raptors have until Oct. 16 to negotiate them with Lucas Nogueira and Bruno Caboclo, or they’ll become restricted free agents at the end of the season. Fred VanVleet is also slated to become a restricted free agent next summer.

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