What happened: Dialogue on a long-term future continued since July's reunion via trade. The agreement adds a player option for 2028-29 and brings the total commitment to three years and $165 million.

Why it matters: Leonard, 35, expects to finish his career in Toronto as a two-time Finals MVP. The structure locks in cost certainty as Toronto sets its rotation for the upcoming 2026-27 season.

What to watch: Camp opens the first look at Toronto with its veteran core secured.