The Los Angeles Clippers and Toronto Raptors are engaged in serious trade discussions involving Kawhi Leonard, according to multiple reports. Leonard, who has one year remaining on his contract, is reportedly open to a return to Toronto, where he won an NBA championship in 2019. The Clippers, meanwhile, are weighing their options after a disappointing season and ongoing NBA investigations into potential salary-cap circumvention.
Leonard’s representatives have indicated that he would only sign a contract extension with the Raptors or San Antonio Spurs if traded, according to ESPN. The Dallas Mavericks have also reportedly offered a package including P.J. Washington, Klay Thompson, and draft picks for Leonard, though his preference for Toronto or San Antonio limits his trade value as a one-year rental.
The Raptors see an opportunity to strengthen their roster and compete in the Eastern Conference, which is currently in flux. ESPN’s Brian Windhorst noted that the Raptors could capitalize on the uncertainty in the East, where teams like the Celtics and Heat are facing challenges. Toronto’s recent playoff run, led by young stars Scottie Barnes and RJ Barrett, has positioned them as a potential contender.
Leonard’s tenure with the Clippers has been marked by injuries and missed opportunities, including a historic playoff collapse in 2020. His recurring knee issues have further complicated the team’s championship aspirations. The NBA is also investigating the Clippers, Leonard, and owner Steve Ballmer over allegations of salary-cap circumvention, which could impact future negotiations.
The Raptors, who traded for Leonard in 2018 without a long-term commitment, ultimately won a title before he left for the Clippers. A reunion would reunite him with former teammates and management, including Masai Ujiri, who now leads the Mavericks.
As trade talks progress, the Clippers must decide whether to retain Leonard or pursue a new direction. Leonard’s preference for Toronto or San Antonio adds complexity to the negotiations, while the Raptors aim to solidify their position as Eastern Conference contenders.