While it felt like Jordan Loyd was a shoe-in for the Raptors’ roster, both as the leader of the 905 G League squad and as an ascendant NBA guard, it appears as though that was not quite the case. In fact, reports were in this past Friday afternoon that Toronto and Loyd have mutually agreed to part ways.
The Raptors have waived Jordan Loyd. The team is framing it as a mutual parting of ways, which makes sense - Loyd was about to enter year two of a 2-way contract, and this allows him to seek other opportunities.