Raptors in advanced extension talks with Kawhi Leonard

The Toronto Raptors are in advanced contract extension talks with newly acquired star Kawhi Leonard, according to multiple reports. The discussions come shortly after the NBA concluded its salary cap circumvention investigation, which cleared the way for the trade from the Los Angeles Clippers to be finalized. Leonard, a seven-time All-Star, is eligible for a two-year extension worth up to approximately $124 million to $126 million. While the exact terms of a potential agreement have not been confirmed, reports indicate the two sides are making significant progress. Leonard is currently under contract for the 2026-27 season at $50.3 million. The trade that sent Leonard to Toronto was completed earlier this week after being held up for over two months due to the NBA's investigation. The league penalized the Clippers heavily for violating salary cap rules, issuing a $30 million fine, the largest in NBA history, and the forfeiture of five future first-round draft picks. Three key Clippers executives, including owner Steve Ballmer, received suspensions. As part of the investigation's resolution, Leonard was fined $700,000 but was not suspended, and his contract was not voided.