This is their second meeting of the month, with the Raptors coming out on top 100-91 in the first encounter.
The Raptors welcome back former employee Andrea Bargnani to Air Cananda Center again, after he received a mixture of boos and applause last week.
Bargnani has started well in a Knicks uniform, establishing himself as a regular starter so far in four games. It was first thought that the Italian first overall draft pick would come off the bench as an extra scoring punch along side J.R. Smith.
However, it now looks like the eight-year player will compliment the scoring power of Carmelo Anthony instead.
The Raptors have their starting five in mind too. Kyle Lowry, Demar DeRozan, Rudy Gay, Amir Johnson and Jonas Valanciunas have started all five preseason games thus far, and look set to continue into the regular season.
Coach Dwayne Casey has a solid starting rotation at his disposal, however it will his second unit that could be the difference between a playoff spot or not.
New recruit, Tyler Hansbrough, has the biggest role off the bench, and will lead the second string on both ends of the floor. He has performed well so far in a Toronto uniform, and will look to push for the Sixth Man of the Year Award, won last year by J.R. Smith of the Knicks.
The Raptors and Knicks will tip off Monday night at Air Canada Center in Toronto at 7pm.