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Reports: Leonard Signs Two-Year US$115-Million Contract Extension with Raptors

  • On Tuesday, Kawhi Leonard and the Toronto Raptors agreed to a two-year, $115 million contract extension, according to ESPN's Shams Charania.
  • Following the conclusion of an NBA investigation into salary cap circumvention by the Los Angeles Clippers, the Raptors finalized the trade to reacquire Leonard earlier this month.
  • Toronto sent forwards Brandon Ingram and Gradey Dick, plus multiple draft picks, to the Clippers to secure Leonard; he is now under contract for three seasons totaling $165 million after taking approximately $11 million less than his maximum extension.
  • Coming off a career-best 27.9 points per game, the two-time Finals MVP is expected to finish his career in Toronto, having previously led the franchise to their 2019 NBA championship.
  • The contract includes a player option for the 2028-29 season, providing flexibility as the Raptors manage rising salary books and solidifying the team's long-term commitment to the veteran star.
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hoopsrumors.com broke the news on Tuesday, September 22, 2026.
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