The Toronto Raptors used some of their room under the luxury tax to help the Indiana Pacers create room under the luxury tax.

Here are the particulars:

Toronto Raptors acquire: James Wiseman, Cash

Indiana Pacers acquire: 2031 top-55 protected Raptors second-round pick

Let’s dive in!

Toronto Raptors

Incoming salary: $2.2 million in 2024-25

  • James Wiseman (C, one year, $2.2 million)

Outgoing salary: None

The Raptors had plenty of room under the luxury tax. With the Pacers willing to cover Wiseman’s salary with cash, Toronto did them a favor.

Wiseman was released, which auto-declined the team option on his contract for next season. The young big man will spend the rest of this year rehabbing from a torn Achilles’ tendon. Because he was injured while with the Pacers, Wiseman can continue to rehab with the team, their medical staff and using their facilities.

Indiana Pacers

Incoming salary: None

Outgoing salary: $2.2 million in 2024-25

  • James Wiseman (C, one year, $2.2 million)

This move was about creating a roster spot and some clearance under the luxury tax for Indiana. The Pacers could now be involved in adding a player via the buyout market. Keep an eye on big men, as Indiana is still a bit light in terms of depth behind Myles Turner and Thomas Bryant.

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