Latest Raptors trade valuations: Understanding Kelly Olympique, Ochai Agbaji, Spencer Dinwiddie deals to Toronto

The Raptors were one of the most active teams before the trade deadline, sending away Pascal Siakam and OG Anunoby. On Thursday, they continued to shuffle their roster with two minor deals.

Here are the grades for Toronto's move and what it means for the team's future.

MORE: Raptors depth chart updated after trade deals

Assessing the Raptors' latest trade deals

Trade Kelly Olynyk and Ochai Agbaji

• Predators accept: Kelly Olynyk, Ochai Agbaji
• Jazz reception: Kyra Lewis Jr., Otto Porter Jr., 2024 first-round pick

Raptors rank: B

Olynyk is a very good playmaker and is a 42.9 percent 3-point shooter this season. He gives the Raptors much more cap space, offering a different look than Jacob Poeltl. He's a good veteran who showed interest at the deadline.

Still, why would an 18-33 team trade for a 32-year-old big man? The move is surprising, to say the least.

Olynyk will be a free agent this summer. If the Raptors really liked him, they could have signed him then. It would also force Toronto to send their sixth protected 2024 first-round pick to the Spurs.

The cost here is not too big. The pick the Raptors will send falls in the late 20s in a weak 2024 draft.

The front office must have been high on Agbaji to make the move. He's a solid defender with great assist instincts and solid shooting mechanics. He was taken with the 14th pick in the 2022 draft as a senior, and he could contribute right away. He doesn't have a lot of upside, but he should be a solid player on the wing.

MORE: Nets' Dennis Smith Jr. responds to botched trade report that sent him to Raptors

Replacing Dennis Schroder with Spencer Dinwiddie

• Predators accept: Spencer Dinwiddie
• Nets take: Dennis Schroder, Thaddeus Young

Raptors rank: B-

The Raptors' second-day trade provided more insight into their long-term plans. In moving Schroeder to Dinwiddie, they shed their $13.0 million commitment to Schroeder next season.

At first glance, this move seemed strange. Schroeder played well, and the team gave up on Dinwiddie. The Raptors have gotten worse in the short term with this move.

The financial situation explains the reason for Schroeder's dumping. By clearing $13.0 million off the books, they have a chance to make a big splash during free agency this summer.

With seven players on fully guaranteed deals and none of them making more than $26.0 million, the Raptors will be one of the biggest cap space teams. They now have the flexibility to completely overhaul their roster to better suit Scotty Barnes.

MORE: Why the Raptors gave up on Spencer Dinwiddie right after the trade

Raptors trade deadline in general: B

While the addition of Olhyg was strange, getting a decent wing prospect in Agbaji and adding some flexibility going forward was a nice win for the Raptors.

Toronto also benefited from the moves it didn't make. He gave the team a solid veteran who has played well since joining the team, despite the demand for Bruce Brown Jr.

Brown also maintains the flexibility the Raptors prioritize. He is on a $23.0 million team option for next season. The Raptors could keep him for that number, waive him and let him walk, or try to bring him back at a lower figure.

These steps were taken by next summer. The Raptors are in a better position to build now than they were back in the day.