Kawhi Leonard, Toronto Raptors Agree to Contract Extension
Kawhi Leonard and the Toronto Raptors have agreed to a two-year contract extension valued at up to $115 million, with the second year being a player option.

Springfield Holyoke, MA, September 23, 2026 — Kawhi Leonard and the Toronto Raptors organization have reached an agreement on a contract extension. The deal is set to span two years and is valued at a maximum of $115 million. A key feature of the new agreement is that the second year of the contract includes a player option.
The specifics of the agreement were not detailed beyond the total value and the inclusion of a player option for the final year. The financial terms mean that Leonard could potentially earn up to $115 million over the two-year period. The player option gives Leonard the choice to decide whether to remain with the Raptors for the second year of the deal or to opt out and become a free agent.
Further details regarding the negotiation process, the exact breakdown of the annual salary, or any other clauses within the contract were not immediately available. The contractor’s name for the negotiation, beyond Kawhi Leonard himself and the Toronto Raptors organization, was not provided. The exact timeline for when the extension officially takes effect was also not specified.
Story summarized from the original created by TIM REYNOLDS, Associated Press on www.wwlp.com, see more information here.
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