What happened: The proposed move would send Kawhi Leonard to Toronto and Brandon Ingram and Gradey Dick to the LA Clippers. The agreement remains on hold pending the NBA inquiry.

Why it matters: A collapse would force Toronto to choose between retaining its players and picks or redirecting them before the 2026-27 season. No alternative target has emerged from the discussion.

What to watch: The NBA inquiry remains the next checkpoint before the agreement can advance or unravel.