giri, most teams are never going to be contenders unless they get Hall of Fame, top 50 players of all time. Next year's draft probably won't have those guys (though Adams and Noel are pretty good), Jonas Valanciunas probably won't be that guy, and four straight tanking seasons for a team is pretty unbearable. There's nothing really wrong at all with being pretty good and being exciting and winning a playoff series for two or three years despite never being great.
There's a lot wrong with it.
But there's nothing wrong with it if you're a young team, who has the potential to add a piece, or has the time to wait to develop. There's no pieces in Toronto that anyone would consider a 1B or 1A type player. Either the best or second best player on a chip team.
So players would only be going there to play with Steve Nash for 2 years? 3 at most? at which point Toronto will have had 3 years of potentially first round exits, tredding water with non-lottery draft picks and surrounding Nash with a bunch of nothing but role player, players. So that when he does go, or retires due to injury, they've wasted several years and accomplished nothing. Then he goes, and bam, they're instantly terrible again. With all of their rookie deals from now (supposedly relatively high picks) due for renewal.
And in that time, they've got a whooooooooooooooooooole bunch of salary questions, and contracts to give out. If they don't pay to keep players around Nash i really would expect him to demand a trade. So they'll probably sign a bunch of role players to hedo/warrick/childress type deals that tie up a bunch of money in guys who are only relevant if Nash is there. And even then, barely.
So, it's going to Cause bad contracts, Cause bad draft positions, or force their hand to try bad "win now" trades. For a player that isn't their own.
Whats the upside? make it to the first round twice? if he doesn't get injured. Sounds like a GM move that is worried about his Job, not winning Chips and the franchise.
There's really no legitimate reason for the raptors to do the trade. There are legitimate reasons for Collangelo though.