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

Evansville, IN, September 23, 2026 —
NBA star Kawhi Leonard and the Toronto Raptors have reached an agreement on a contract extension, sources close to the situation reported. The deal is structured as a two-year pact, carrying a potential value of up to $115 million.
A significant detail of the extension is that the second year of the contract is designated as a player option. This gives Leonard, a prominent player in the league, the choice to either exercise the option and continue with the Raptors for the second season or decline it and become a free agent.
The specific terms of the contract’s annual salary breakdown and the exact commencement date of the extension were not immediately available. The financial details indicate a substantial investment by the Raptors in retaining Leonard’s services.
Leonard’s tenure with the Raptors has been a key focus for the team and its fanbase. This extension signals an intent to build around the player for the foreseeable future, pending his decision on the player option in the second year.
Further details regarding the negotiations or any statements from representatives of Kawhi Leonard or the Toronto Raptors were not provided in the initial summary.
Story summarized from the original created by TIM REYNOLDS, Associated Press on www.tristatehomepage.com, see more information here.
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