Leonard and the Raptors have held advanced discussions and are nearing an agreement on a contract extension, Jake Fischer of The Stein Line reports.
Leonard is eligible to sign for up to two years and $126 million. An extension would solidify Leonard's long-term future in Toronto and remove any uncertainty surrounding his contract situation heading into the 2026-27 campaign. After his trade was recently completed, his fantasy outlook is much more straightforward heading into training camp.