What happened: Toronto and the LA Clippers agreed to a deal that would send Kawhi Leonard to the Raptors for Brandon Ingram, Gradey Dick and draft capital. Completion remains on hold while the NBA investigates the Clippers.

Why it matters: Leonard's age would give Toronto an immediate competitive window rather than a long development runway. Further moves for shooting, dependable depth and playoff-ready help could determine whether the cost produces a title contender.

What to watch: Watch whether the deal clears the investigation and Toronto pursues additional win-now help.