Raptors, Kawhi agree on $115M deal

Manila Times - Sep 24, 2026

KAWHI Leonard and the Toronto Raptors have agreed on a two-year contract extension that could be worth $115 million if he plays both seasons, according to a person with knowledge of the negotiations. The second year of the deal, the 2028-29 season, is at Leonard’s option, according to the person who spoke Tuesday to The Associated Press (AP) on condition of anonymity. The Raptors on Wednesday (Thursday in Manila) confirmed that the contract had been signed, without releasing the terms, which were first reported by ESPN. Leonard, 35, led the Raptors to the 2019 NBA title and is now locked into a new deal with a team with eyes on competing for another title. He is coming off the highest-scoring season of his career, averaging 27.9 points for the Los Angeles Clippers in 65 games a year ago. Leonard will make just over $50 million this season, the last year of his current contract. It was generally assumed that the Raptors would strike a deal to keep Leonard — a seven-time All-Star, two-time NBA champion and two-time NBA Finals MVP — soon after landing him in a trade with the Clippers. The sides agreed to that trade in late June but didn’t complete it...

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