Kawhi Leonard has agreed to a new two-year, US$115 million contract extension with the Toronto Raptors. 

Kawhi Leonard — New Raptors Contract Team: Toronto Raptors Length: 2 years Value: US$115 million Player

1 min read
September 23, 2026
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Kawhi Leonard — New Raptors Contract

Team: Toronto Raptors

Length: 2 years

Value: US$115 million

Player option: 2028–29 season

Extension begins: 2027–28

Current 2026–27 salary: Just over US$50 million

Age: 35

2025–26 stats: 27.9 PPG, 6.4 RPG, 3.6 APG, 1.9 SPG in 65 games 

The deal is reportedly about US$11 million below the maximum Leonard could have received over the two extension years, while he also waived his US$7.5 million trade kicker. 

Leonard originally returned to Toronto through the blockbuster trade with the Clippers that was finalized earlier this month. He previously led the Raptors to their 2019 NBA championship and won Finals MVP. 

This effectively gives Toronto a long-term commitment to Leonard alongside Scottie Barnes as the Raptors reshape their roster around their returning superstar.

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