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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.