The Raptors find themselves back in the lottery for the first time since 2006 when they landed the top overall pick.
"Overall I think the draft is a bit watered down, but at this stage of the evaluation process there are at least 10 to 12 players that we like and feel can come in and help address a need," said Bryan Colangelo. "Therefore, regardless of Tuesday's result, we will be content with the pick."
The Raptors have a very small chance, just 1.7 percent of landing the No. 1 pick. They could also drop as low as 12th, but if all goes according to plan they will draft ninth.
"Picking on position alone is dangerous because you might be passing up a better talent that's available," Colangelo said. "What you hope to find is a player that satisfies both talent and need."
Colangelo hasn't been shy about making moves on draft day, and could do the same this year.
"After the obvious top four or five picks, it's pretty wide open so a couple of our targeted players might even be on the board later in the round," Colangelo said. "Thus we might consider obtaining another pick if one becomes available."