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Raptors Sign Kawhi Leonard to $115M Two-Year Extension

By Drooid · Sep 23, 2026, 2:21 AM UTC · How we work

Summary

Story summary

The Toronto Raptors signed Kawhi Leonard to a two-year, $115 million extension.
The deal includes a 2028-29 player option, waives a $7.45 million trade kicker, and is $11 million below his max.
Leonard’s trade sent Brandon Ingram, Gradey Dick, two unprotected first-round picks, a pick swap and two second-round picks to the Clippers.
The NBA fined the Clippers $30 million, stripped five future first-round picks, and suspended owner Steve Ballmer for one year.

History

Historical Context

LeBron James became an unrestricted free agent on July 1, 2010 and, after a televised Decision, signed a six-year, $110.1 million deal with the Miami Heat, sending four future first-round picks to Cleveland. The move created the NBA’s first modern “superteam,” prompting stricter cap audits and influencing later extensions such as Kawhi Leonard’s 2024 contract.

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Story summary

The Toronto Raptors signed Kawhi Leonard to a two-year, $115 million extension.
The deal includes a 2028-29 player option, waives a $7.45 million trade kicker, and is $11 million below his max.
Leonard’s trade sent Brandon Ingram, Gradey Dick, two unprotected first-round picks, a pick swap and two second-round picks to the Clippers.
The NBA fined the Clippers $30 million, stripped five future first-round picks, and suspended owner Steve Ballmer for one year.

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