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Report: Raptors Avoid Luxury Tax with Three-Team Deal for Veteran Guard Chris Paul

  • On Feb. 4, 2026, the Toronto Raptors acquired veteran point guard Chris Paul in a three-team trade with the Los Angeles Clippers and Brooklyn Nets, sending Ochai Agbaji, a 2032 second-round draft pick and cash to the Nets.
  • Raptors general manager Bobby Webster faced a deadline-driven decision Wednesday to address its luxury-tax issue ahead of Thursday's NBA trade deadline, with the trade clearing about US$7 million from the Clippers’ payroll.
  • After minimal minutes this season, Chris Paul appeared in just 16 games, averaging 2.9 points and 3.3 assists, and ESPN reports the Raptors may still trade or waive him before Thursday's 3 p.m. ET trade deadline.
  • At the time, the Raptors sat 30 and fourth in the Eastern Conference, with the trade potentially affecting backup centre Sandro Mamukelashvili's minutes, as observers said it kept the core intact.
  • Paul, a veteran planning to retire this season, now has a new landing spot that could give him a chance to chase a title, though reports say it is 'not certain' he will play again.
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Hoops Wire broke the news in on Wednesday, February 4, 2026.
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