2017 NBA free agency grades: Toronto Raptors will re-sign Serge Ibaka

MILWAUKEE, WI - APRIL 20: Serge Ibaka #9 of the Toronto Raptors is defended by Thon Maker #7 of the Milwaukee Bucks during the second half of Game Three of the Eastern Conference Quarterfinals during the 2017 NBA Playoffs at the BMO Harris Bradley Center on April 20, 2017 in Milwaukee, Wisconsin. The Bucks defeated the Raptors 106-77. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Stacy Revere/Getty Images)
MILWAUKEE, WI - APRIL 20: Serge Ibaka #9 of the Toronto Raptors is defended by Thon Maker #7 of the Milwaukee Bucks during the second half of Game Three of the Eastern Conference Quarterfinals during the 2017 NBA Playoffs at the BMO Harris Bradley Center on April 20, 2017 in Milwaukee, Wisconsin. The Bucks defeated the Raptors 106-77. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Stacy Revere/Getty Images) /
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The Toronto Raptors have decided to bring back defensive specialist Serge Ibaka, but will it pay off next season?

As first reported by ESPN‘s Adrian Wojnarowski, Serge Ibaka and the Toronto Raptors have agreed to a three-year, $65 million contract.

Last February, the Raptors traded Terrence Ross and their 2017 first round pick to the Orlando Magic for Serge Ibaka. Ibaka, is one of the best power forwards in the Eastern Conference.

In 23 games for Toronto, Ibaka averaged 14.2 points, 6.8 rebounds and 1.4 blocks per game. He has transformed himself into a stretch-4, making a career-high 1.8 threes per game on 39.8 percent shooting.

All indications point to the next move for Toronto, re-signing All-Star point guard Kyle Lowry. This should be Toronto’s main priority, because if Lowry leaves, the Raptors will not be able to compete for the Eastern Conference crown. They would be better off letting Ibaka walk and rebuilding for the future.

Was re-signing Ibaka a good move for Toronto?

Serge Ibaka is a very good player, but for Toronto, is he worth a $21 million salary? Toronto already has $79.5 million on their books. After adding in Ibaka’s salary, the Raptors will have a little over $100 million in active contracts. P.J. Tucker decided to sign with Houston, so Toronto has Kyle Lowry, Patrick Patterson and OG Anunoby left to sign in free agency.

According to Jeff Zillgitt of USA TODAY, there is a sense around the NBA that Kyle Lowry will return to the Raptors for a three-year contract of approximately $27 million per year.

If we factor in Anunoby’s cap hold, that would put Toronto’s total salaries at over $128 million for the 2017-18 season, or about $9 million over the luxury tax. The Raptors may have to say goodbye to Patrick Patterson, unless Toronto’s ownership is willing to pay the extra taxes to re-sign him.

Serge Ibaka and Jonas Valanciunas were outscored by 1.8 points per 100 possessions when they shared the floor last season. On defense, Toronto ranked eighth in the NBA with a 104.9 defensive rating. The Raptors only had a 107.1 defensive rating with Ibaka and Valanciunas in the lineup. Ibaka probably fits best with Toronto as a center, where he can protect the rim, and not as a power forward guarding stretch fours on the perimeter.

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In 23 games for Toronto, Ibaka only averaged 1.4 blocked shots per game, the lowest mark since his rookie season. He isn’t as bouncy as he once was, but the Raptors would probably like to see him average at least two blocks per game.

Ibaka didn’t seem to make the Toronto Raptors a much better team. They beat a very young Milwaukee Bucks team without Jabari Parker in six games. Then, Toronto was swept by Cleveland in the second round.

P.J. Tucker has already left and, assuming Toronto re-signs Kyle Lowry, the Raps will bring back a similar team from last season. Toronto will probably win about 50 games and finish in the top four in the east, but they don’t have any chance at winning an NBA championship. Is one of the highest payrolls in the league really worth it for a non-contender?

Will Serge Ibaka be able to maintain their current production to match his hefty contracts three years from now? Toronto has a lot of questions heading into the 2017-18 season, and they could regret not breaking up the team in this offseason.

Next: 2017 NBA free agency tracker - Grades for every deal so far

Grade: C+