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

The short version
- Kawhi Leonard agreed to a two-year, $115 million extension with Toronto, with a player option for 2028-29.
- The deal was reported by ESPN's Shams Charania and confirmed by agent Harrison Gaines.
- Leonard was traded from the LA Clippers to Toronto in June; the trade became official last week after an NBA investigation into salary cap allegations.
- Leonard won his second NBA championship with the Raptors.
Toronto finalized a two-year, $115 million contract extension with Kawhi Leonard, adding a player option for the 2028-29 season.
The Toronto Raptors and Kawhi Leonard have reached agreement on a two-year, $115 million contract extension that includes a player option for the 2028-29 season, according to ESPN's Shams Charania. Leonard's agent, Harrison Gaines of SLASH Sports, confirmed the deal to ESPN on Tuesday.
Leonard joined the Raptors this offseason in a trade from the Los Angeles Clippers. The deal was originally struck on June 30 but was held up while the NBA investigated allegations of salary cap circumvention related to the Clippers' signing of Leonard as a free agent. The league completed its review and the trade became official last week.
Leonard previously won a championship with Toronto, the second of his career, and Bleacher Report's Jake Fischer reported that extension talks had been progressing with the veteran eligible for up to two years and $126 million. The final agreement came in slightly below that figure at $115 million.
The extension gives the Raptors a cornerstone to build around as they aim to compete in the Eastern Conference this season.
Written by the Matchday Live desk from reporting by Yahoo Sports.
Read the original report at Yahoo Sports ↗