What happened: The trade sending Kawhi Leonard back to Toronto is now complete after days of delay around the transaction call. The move lands before training camp and locks in one of the NBA offseason's biggest roster swings.
Why it matters: Toronto can now set its 2026-27 plans with Leonard back in place, changing how the Eastern Conference race is framed before camp opens. It also ends the same Leonard saga that had remained on hold during the NBA investigation.
What to watch: The next read is whether Toronto makes any follow-up moves before camp and how quickly Leonard is folded into the rotation.