The Toronto Raptors have secured forward Kawhi Leonard on a two‑year, $115 million extension that includes a player option for 2028‑29. The deal, confirmed by Leonard’s agent Harrison Gaines, keeps the 35‑year‑old with the club through at least the 2027‑28 season.
Toronto confirmed a two‑year, $115 million contract extension with Kawhi Leonard, adding a player option for the 2028‑29 season, according to his agent Harrison Gaines of SLASH Sports and multiple league sources on September 22, 2026 [1][2][4]. The agreement extends Leonard’s tenure beyond the remainder of his original deal, locking him in for three total years and $165 million while preserving salary‑cap flexibility for the Raptors.
The extension follows Leonard’s July trade back to Toronto from the Los Angeles Clippers, a blockbuster deal that sent forward Brandon Ingram, guard Gradey Dick, unprotected first‑round picks in 2031 and 2033, a 2027 first‑round swap and two second‑round selections to the Raptors [3]. Leonard also made notable financial concessions, signing the extension $11 million below the maximum available to him and waiving a $7.45 million trade kicker to facilitate the move, further aiding Toronto’s payroll strategy [1].
Leonard entered the 2026‑27 season after posting one of his most productive years, averaging 27.9 points, 6.4 rebounds, 3.6 assists and 1.9 steals while shooting 50.5% from the field and 38.7% from three‑point range over 65 games last season [3]. He expressed a desire to finish his career in Toronto, and the new deal aligns with that goal. The NBA’s recent investigation into alleged salary‑cap circumvention resulted in a $700,000 fine for Leonard and significant penalties for the Clippers, including the loss of five first‑round picks and fines totaling $30 million, as well as suspensions for senior executives [3].