What happened: ESPN's Brian Windhorst reported that the Clippers are not willing to offer Kawhi Leonard a contract extension. Trade talks with the Toronto Raptors are active, and a deal could come together quickly.

Why it matters: For a team that reshaped itself around Leonard, declining to extend him signals a possible change in direction. A move would send Leonard back to Toronto, the city where he won a championship in 2019, and could reset both rosters heading into the 2026-27 season.

What to watch: Watch whether the framework firms up in the coming hours and what Toronto would send back in any package for Leonard.