Recently reacquired star Kawhi Leonard has officially signed a multi-year contract extension with the Toronto Raptors, as confirmed by the team on Wednesday.
In accordance with team policy, the specifics regarding the financial terms of the agreement were not revealed.
Multiple media sources indicated that Leonard and the Raptors have reached a two-year, $115-million US contract extension.
This reported contract, which includes a player option for the 2028-29 season, falls below the maximum of $126.6 million he was qualified to receive. ESPN, referencing Leonard’s agent Harrison Gaines, was the first to disclose the extension details on Tuesday.
Canadian basketball talent RJ Barrett joins Donnovan Bennett to discuss the recent federal & provincial funding for Canada Basketball, a senior program he has been involved with for nearly a decade. The NBA season is approaching for the Toronto Raptors, which includes new teammate Kawhi Leonard. Additionally, the young star is dedicated to the national team in the lead-up to LA 2028.
This extension will take effect after Leonard completes his current three-year, $149.5-million contract this season.
A trade agreement to move Leonard from the Los Angeles Clippers to Toronto was established in June, but it wasn’t finalized until earlier this month as the NBA conducted an investigation into Leonard and the Clippers regarding salary-cap violations.
In exchange, the Clippers received All-Star forward Brandon Ingram, guard Gradey Dick, unprotected first-round selections in 2031 and 2033, a 2027 first-round pick swap, and two second-round picks.
Leonard initially joined the Clippers as a free agent after helping Toronto secure its first NBA title during the 2018-19 season.
Last season, the 35-year-old Leonard averaged 27.9 points, 6.3 rebounds, 3.6 assists, 1.9 steals, and 0.4 blocks per game while playing for the Clippers.
Throughout his 14 seasons in the NBA, Leonard has averaged 20.7 points, 6.4 rebounds, 3.1 assists, 1.7 steals, and 31.8 minutes, playing with the San Antonio Spurs (2011-2018), Toronto, and the L.A. Clippers (2019-2026).
He is recognized as a seven-time NBA All-Star, a seven-time All-NBA selection, and a seven-time All-Defensive Team member. Leonard has won the NBA championship twice, earned the NBA Finals MVP award twice, and has been named NBA Defensive Player of the Year twice.