The Kawhi Leonard era is over in Los Angeles.
According to NBA insider Shams Charania, the Clippers are finalizing a blockbuster trade that will send the two-time Finals MVP back to the Toronto Raptors, closing the book on an era defined by high expectations and limited postseason success.
The Raptors will part with forward Brandon Ingram, guard Gradey Dick, two future first-round picks, a swap of first-round picks and two second-round picks.
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Los Angeles Clippers forward Kawhi Leonard controls the ball during the second half of an NBA game against the Detroit Pistons in Inglewood, California, on December 28, 2025. (William Liang/AP Photo)

LA Clippers forward Kawhi Leonard warms up before Game 3 of the first round of the 2024 NBA playoffs against the Dallas Mavericks at the American Airlines Center in Dallas, Texas, on April 26, 2024. (Jerome Miron/USA TODAY Sports)
The deal represents a major change for Toronto and a reset for Los Angeles. Leonard returns to the country where he led the Raptors to the 2019 NBA championship, while the Clippers emerge from an era that never produced an NBA Finals appearance despite owner Steve Ballmer’s enormous investment in the franchise.
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When the Clippers acquired Leonard in 2019, they were expected to become title contenders. Instead, the next seven seasons were defined by injuries and postseason frustration.
The Clippers won only three playoff series during Leonard’s tenure. Chronic knee injuries and repeated playoff absences kept the franchise from reaching its potential, culminating in Tuesday’s big trade.

Los Angeles Clippers forward Kawhi Leonard looks toward the scoreboard during the second half of an NBA basketball game in Inglewood, California, on May 1, 2025. (Mark J. Terrill/AP Photo)
The bet shows Toronto looking to catch lightning in a bottle for the second time.
Leonard remains under contract through 2027 and will earn more than $50 million next season. He is also reportedly hoping to sign a two-year, $126.1 million extension that would allow him to finish his career in Canada.
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At the very least, pairing Leonard with the ascendant Scottie Barnes makes the Raptors one of the Eastern Conference’s most intriguing contenders.
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