Toronto Raptors confirm contract extension for Kawhi Leonard after off-season trade
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TORONTO – Recently reacquired star Kawhi Leonard has signed a multi-year extension with the Toronto Raptors, the team confirmed Wednesday.
As per team policy, the financial details of the deal were not disclosed.
Several media outlets had reported that Leonard and the Raptors had agreed to a two-year, US$115-million contract extension.
The reported deal, which includes a player option for the 2028-29 season, comes in under the maximum $126.6 million he was eligible for. ESPN, citing Leonard’s agent Harrison Gaines, was first to report the extension details Tuesday.
The extension kicks in after Leonard finishes a three-year, $149.5-million deal this season.
A deal to trade Leonard from the Los Angeles Clippers to Toronto was agreed to in June, but not finalized until earlier this month while the NBA investigated Leonard and the Clippers for salary-cap circumvention.
All-star forward Brandon Ingram, guard Gradey Dick, unprotected first-round picks in 2031 and 2033, a 2027 first-round pick swap and two second-round picks went to L.A. in return.
Leonard joined the Clippers as a free agent after spending the 2018-19 season with Toronto, helping the franchise win its lone NBA title.
The 35-year-old Leonard averaged 27.9 points, 6.3 rebounds, 3.6 assists, 1.9 steals and 0.4 blocks per game last season for the Clippers.
Leonard has averaged 20.7 points, 6.4 rebounds, 3.1 assists, 1.7 steals, and 31.8 minutes over 14 NBA seasons with the San Antonio Spurs (2011-18), Toronto and L.A. Clippers (2019-26).
He is a seven-time NBA All-Star, a seven-time All-NBA selection and a seven-time All-Defensive Team honouree. Leonard is a two-time NBA champion, two-time NBA Finals MVP and a two-time NBA Defensive Player of the Year.
This report by The Canadian Press was first published Sept. 23, 2026.