While talks on a trade sending Kawhi Leonard from the Clippers to the Raptors are believed to be nearing completion, it sounds like there are still some obstacles to resolve.
League sources tell Brett Siegel of ClutchPoints (Twitter link) that the teams have agreed on a framework to send Brandon Ingram, Gradey Dick and a first-round pick to L.A., but the Clippers are “pushing for more value.” He hears that they’re asking Toronto to include point guard Jamal Shead in return for taking on Dick’s contract.
There’s also a disagreement on the pick(s) involved in the deal, as the Raptors prefer to part with a first-rounder in 2027 or 2028 rather than one in the more distant future, according to Siegel. He adds that L.A. wants two firsts, including one several years from now, particularly if Shead isn’t being included.
The Raptors haven’t made Collin Murray-Boyles or Ja’Kobe Walter available in trade talks, according to Tomer Azarly of ClutchPoints, confirming previous reporting from Michael Grange of Sportsnet. Azarly also states that the Clippers won’t be rushed into a deal for Leonard and won’t accept an offer that they’re not fully comfortable with.
Sources also tell Azarly that L.A. has offered an extension to Leonard, contrary to several reports, but not at the maximum of $126MM that he’s eligible to receive. Toronto is more willing to meet that figure, according to Azarly’s sources, which is why he wants to be dealt there.
Shead is coming off a strong second season, appearing in all 82 games (12 starts) and averaging 6.6 points and 5.4 assists in 22.6 minutes per night. Shead is also an outstanding defender who will be extension-eligible this summer, and he has one more year on his contract at $2.3MM before becoming a restricted free agent.
Dick was selected with the 13th pick in the 2023 draft, but had a rough season in 2025/26. He appeared in 76 games, but his playing time plummeted to 14 minutes per night, less than half of the previous season, and his other numbers declined sharply across the board. He’ll make $7.1MM in 2026/27 and is also eligible for an extension this offseason.
