Raptors Avoid Luxury Tax Through Paul Deal
In a significant move just before the NBA trade deadline, the Toronto Raptors successfully avoided the luxury tax by trading for veteran point guard Chris Paul. This multiplayer deal, which also included the Brooklyn Nets and Los Angeles Clippers, marks a strategic shift for the Raptors.
Details of the Trade
On February 4, 2026, Toronto confirmed its acquisition of Paul, who had previously announced that this season would be his last in the NBA. Reports indicate that the Raptors sent Ochai Agbaji, a second-round pick in the 2032 draft, and cash considerations to the Nets.
Trade Implications
- The deal allows the Raptors to sidestep the luxury tax, optimizing their financial situation.
- It reduces approximately US$7 million from the Clippers’ payroll.
- The Raptors may still consider further trades involving Paul ahead of the deadline.
Additionally, despite the trade, the Raptors have decided not to require Paul to join the team immediately. His future with the franchise remains uncertain as discussions continue regarding potential transactions before the trade deadline.
Background on Chris Paul’s Career
Chris Paul, a likely Hall of Famer, was released by the Los Angeles Clippers on December 3, 2025. He has had a distinguished career and is known for his exceptional skills as a point guard. The acquisition of such an experienced player marks an important chapter for the Raptors as they navigate the current NBA season.
This deal not only helps the Raptors manage their salary cap but also adds a seasoned veteran to their roster, potentially influencing their performance for the remainder of the season.