The 2004–05 Toronto Raptors season was the Raptors' tenth season in the National Basketball Association (NBA). The Raptors entered the season hoping to improve upon their previous season output of a 33-49 record. They ended the season with the same record. A new management team of coach Sam Mitchell and general manager Rob Babcock was hired before the 2004–05 season by the Raptors. On December 17, 2004, disgruntled All-Star Vince Carter was traded to the then-New Jersey Nets for Eric Williams, Aaron Williams, and Alonzo Mourning. Mourning would never report to Toronto and he was waived not long after the trade. He later signed with the Miami Heat for his second stint. Guard Alvin Williams missed the entire season due to an injury.

The Carter trade marked the end of an era in Toronto. Carter, now as a Net, returned to Toronto on April 15, 2005. He was booed by the Toronto crowd during starting lineups and whenever he touched the ball. This tradition continued until 2015.

In the NBA draft, the Raptors selected Rafael Araújo and Albert Miralles. Miralles was traded to the Miami Heat for Pape Sow and a 2005 2nd round draft pick on draft day. Araújo would only play three seasons in the NBA: two with the Raptors, and one with the Utah Jazz.

Over the offseason, the Raptors signed two free agents. On July 14, they signed Rafer Alston, and on August 18, they signed Loren Woods.

The Raptors started the season well, winning their first three games. On November 9, they lost against the Sacramento Kings, but they would win the next game against the Utah Jazz. the Raptors then suffered a five-game losing streak, which was snapped when they won against the San Antonio Spurs on November 21. They would lose against the Washington Wizards on November 23, and the next day, they would win against the New York Knicks. They would lose two straight games against the Knicks and the Wizards, and they would win their last game of the month of November against the Miami Heat. At the end of November, the Raptors had a 7–9 record.

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