What happened: The June 30 agreement would send Kawhi Leonard to Toronto for Brandon Ingram, Gradey Dick, two first-round picks, a pick swap and two second-rounders. The deal remains on hold while the NBA investigates allegations that the Clippers circumvented the salary cap through payments tied to Aspiration.
Why it matters: An agreement in principle is insufficient for settlement without official execution approved by the league office. If Leonard remains under contract with the Clippers at the deadline because the deal is voided or unapproved, the Clippers outcome settles at 100 cents and Toronto at zero.
By the numbers: Toronto's market probability fell from 97% on July 8 to 80.6% on July 29 and 65.9% on July 30. That marked a 31.1-point decline from the peak and a 14.7-point one-day drop.
What to watch: Watch for the NBA's findings and any penalties before formal action on the trade. A revised or revoked deal could change Leonard's contractual team before Oct. 21.