The Toronto Raptors' newest player is now apologizing after he was caught dissing the team in a past interview.

Goran Dragić issued an official apology on Monday evening after a video of him saying he has "higher ambitions" than playing for Toronto circled around Twitter.

"My message basically, to all Toronto fans, is I would like to apologize. It didn't come out the right way. I know they love their team, and they should be proud, it is one of the best organizations in the NBA," Dragić said in a statement.

"They've already won a championship and I didn't, so what I said, it really was not appropriate."

The 35-year-old former Miami Heat powerhouse was traded to the Raptors earlier this month as part of the team's swap for Kyle Lowry.

"I love basketball, I love to play and I'm going to give 100 per cent wherever I play. Right now I'm [with] Toronto and that's my main thing to think about," he added.