What happened: Toronto converted Malachi Smith's Exhibit 10 deal into a two-way contract ahead of camp opening Sept. 29. The 26-year-old guard finished 2025-26 with Brooklyn, starting four of 15 games. He will split time between Toronto and its G League affiliate.

Why it matters: The move adds developmental guard depth entering the 2026-27 season. His 43.5% three-point shooting with Brooklyn gives the second unit spacing. Two-way flexibility lets Toronto evaluate him without using a standard roster spot.

What to watch: Toronto opens training camp Sept. 29. Watch his G League workload and push for backcourt minutes.