So, what now?

Stripped to the chassis and rebuilt in a breathtaking few days, the Toronto Raptors have been transformed.

Andrea Bargnani has been retained with a five-year-deal. Rookie-to-be DeMar DeRozan, the slashing 2-3 the club has long coveted, is averaging 15 points in three Las Vegas Summer League games.

The biggest free-agent of the season, Hedo Turkoglu, is aboard and his impact can’t be overstated said former Orlando teammate Dwight Howard.

“Turkoglu has helped my game in the past couple of years to get it where it is today,” Howard told the Globe & Mail on Monday. “Hedo is a great piece to fit in their team with his style and his ability to get to the basket and create for others.”

Slick accounting that saw Turkoglu’s contract basically swapped for that of Shawn Marion has given the club flexibility to tender an offer sheet to guard Jarrett Jack (13.1 points a game last year with Indiana) an explosive counterpoint to Jose Calderon’s surgical touch. The Raptors are also widely expected to return Rasho Nesterovic and Carlos Delfino as free agent signees.

Toughness and rebounding has been addressed with the acquisition of Reggie Evans from Philadelphia. The bench has been boosted by adding Devean George and Antoine Wright from Dallas.

Gone are Anthony Parker, Kris Humphries, Nathan Jawai, Jason Kapono and Marion, all, save for Marion, non-starters.

The moves will make the Raptors immediately competitive and then some and have the double advantage of dramatically improving the team while star forward Chris Bosh ponders his future.

DeRozan had a sensible answer for NBA.com when asked what the players could do to entice Bosh to re-up.

“We have to win. A player like Chris Bosh, all he wants to do is win.”

We go back to the question: how much have the Raptors improved? It’s a question with a subtext…will it be enough to entice Bosh?

I am beginning to think so. For one thing, the looming clouds in the economy and the first backslide in the salary cap in 24 years will put the brakes on what was expected to be a full-court press for talent in 2010. Dwyane Wade has signaled a return to Miami and the glut of talent beyond LeBron James (the list might include Steve Nash, Amare Stoudemire, Joe Johnson, Ray Allen, Richard Jefferson, Dirk Nowitzki, Michael Redd and Tyson Chandler) suddenly might have a dampening effect on the market.

Bosh, unlike James, has never indulged in “what-if” scenarios, the city and lifestyle seem to work for him. Most importantly, Raptors GM Bryan Colangelo has built a team with the potential to win 50 games.

Colangelo has fixed just about everything. If the Pacers do not match the Raptors offer and sign Jack, the Raptors’ greatest weakness, a lack of experience behind Calderon on the point, is addressed.

Calderon’s defence, never his strength, was exposed when he injured his hamstring. Rival point guard attacked him. Jack is an outstanding defender. Wright has rekindled his NBA career through his work against opposing wings.

The Raptors were tied for 28th in offensive rebounding and just below the league average in defensive boards. Evans is nastiness and rebounding in an NBA uniform. Nesterovic seems to deliver half a dozen boards no matter how long he plays.

George addresses the club’s longstanding inability to find a slasher who can key the running game. DeRozan, the number nine choice in the draft, will find himself immediately in the rotation, but the wealth of talent elsewhere means he can grow at his own pace.

Turkoglu, meanwhile, is one of the game’s best-all-around players, a point-guard in a big-man’s body who gives the club a second pivot point from which to attack. He is fearless and a proven winner. Coach Jay Triano now has a full training camp to piece together all the various elements.

It’s impossible to project what the team will be able to do. But it’s hard to see what Colangelo could have done better.