Toronto Raptors Receive: G Jamal Murray, F Michael Porter Jr., 2029 First-Round Pick (DEN)

Denver Nuggets Receive: F/C Pascal Siakam

This trade finds hometown hero Jamal Murray returning to Canada. He cut his teeth near Toronto. As a child, he surely imagined himself donning Raptors purple.

Of course, that’s not the Raptors’ incentive for making this deal. They’re landing an All-Star, along with a young player with star potential, in exchange for a better All-Star.

The first-round pick they’re receiving here is valuable too. Granted, it doesn’t convey until 2029 but coming from the Denver Nuggets, that can easily be seen as a benefit.

After all, the Nuggets are currently contenders. The more distance between the pick and this current Nuggets squad (especially after landing Siakam), the more valuable it is to the Raptors.

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With that said, the Toronto Raptors would have good grounds to decline this trade. They may prefer more draft capital in exchange for Siakam. Furthermore, they may be apprehensive about gambling on the injury-prone Porter Jr.

In either event, this next three-team deal ought to be more intriguing to them.