The Hornets are worse. PJ Brown is close to retirement and they have nothing to replace him with. Two decent young guards is all they really have. Mason likely won't re-sign with them. And any cap space they have will not attract top talent. Their owner has a horrible rep in the league and the team could be moving again. Not a stable franchise.
The Hawks are worse. All their young talent is on the wings. Nothing at PG or C. Paid waaaaay too much for JoeJohnson. Not a club that anyone wants to sign with. No fan support.
Portland is worse. Any team that is relying on Darius Miles for leadership and scoring is worse. All their talent has emotional/maturity issues - Zack, Telfair, Miles. If they lose Pryz as a FA they will get even worse. They could go either way depending on their young players. I don't see a good veteran wanting to come in and work with those young players - too much attitude.
But yes, Toronto is very bad. Worst defensive team in the league, or close to it. But we do have some balance. Talent at PG in Calderon and Ukic. Talent on the wings with Joey, Charlie, and MoP. Talent on the front line with Bosh, Slokar, Bonner and Hoff (maybe). Not a big attraction to FA's but if the team improves over the next two seasons with our core the right FA could see himself as the missing piece to a playoff contender. Especially a defensive C with a low post game. All our guys are good teammates and not problem children. More attractive to a vet coming in. We just need some stability at GM and Coach to attract a good FA.