You're an optimistic Raptors fan like I am that gets the same of failure at the same time every year once we realize this team is still horrible. Aaron Gray, John Lucas, and the other role player signings were atrocious when you look at all the guards and bigs were available in free agency. Management has shown time and time again they don't give a crap about winning, its not rocket science! Sign talent and you'll win some games.
Well, it's not like management hasn't acquired talent over the years though. Since they came to the league they've had: Damon Stoudamire, Marcus Camby, Vince Carter, Tracy McGrady, Antonio Davis, Charles Oakley, Bargnani, Calderon, and now Lowry. Keeping them and coaching them is a a different issue.
Since Lenny Wilkens, they've had Krusty the Klown's twin Kevin O'Neill, Sam Mitchell (who got canned after winning coach of the year), Jay Triano, and Dwyane Casey). They just can't find the right coach.
On the GM side of things... Rob Babcock gave Vince Carter away for a bag of peanuts and the corpse of Alonzo Mourning from New Jersey. I thought Colangelo would turn things around but he's done nothing but drafting soft players like Bargnani and Calderon. This has been a problem since after the Vince Carter + T-Mac days... but what can you expect from the same ownership group that owns the Maple Leafs?