NBA

Thirteen Days Later, the Kawhi Trade Is Still Frozen — and the NBA Just Told Toronto the Investigation Could Run Into 2027

Thirteen days ago the Raptors found out their Kawhi Leonard trade was frozen. Today’s update, straight from the league office: sit tight, maybe for another year and a half.

ESPN reported in late July that the NBA’s investigation into the Clippers could drag all the way into 2027, which means this thing could still be unresolved when next year’s All-Star break rolls around. And per our reporting from July 28, the league’s message to Toronto has been consistent the whole time: you assume the risk.

Assume the risk. That’s the phrase.

Just a shrug wearing a suit, handed to a franchise that didn’t do a single thing wrong.

Because let’s be clear about who’s actually under the microscope here: Steve Ballmer’s Clippers, who built what one insider called the biggest salary cap circumvention scheme in the history of pro sports. The Aspiration deal, a $28 million endorsement tied to a $300 million, 23-year team sponsorship, was the first domino. Then came the Daktronics revelation, a hidden sponsorship with the Clippers’ own scoreboard-maker. “It was 1,000% a way to circumvent the salary cap,” an insider told Pablo Torre. Two separate schemes, two separate NBA probes, one owner with the richest checkbook in American sports finding new ways to test the rules he doesn’t like.

Toronto built a whole offseason plan around Scottie Barnes as the present and Kawhi as the reunion piece that would complete it — a plan shaped as much by the Raptors’ cap situation as by basketball fit. Instead the Raptors are stuck watching Ballmer’s mess get investigated in real time while their actual roster sits half-finished.

The part that should really get under Raptors fans’ skin is that this isn’t new behavior from Kawhi’s camp. Back in 2019, during his Lakers free agency tour, Kawhi’s team reportedly asked Jeanie Buss for a private jet, a free house, and a stake in the team — demands so far outside CBA lines that Buss shut them down immediately. That’s not one bad actor in 2025. That’s a seven-year pattern the league apparently needed a scoreboard company to finally notice.

Toronto might be the team that gets punished hardest for it, even though the requests happened in L.A. and the schemes were built by Ballmer, not by anyone in Raptors management.

That’s what actually stings.

Not everything points toward disaster. Beat writer Michael Grange, who’s been closest to this, projects that the most likely outcome is a negotiated settlement: the league enforces some version of the rule, Ballmer saves face, and Kawhi eventually suits up for Toronto anyway. Suspension, per Grange’s reporting, isn’t currently on the table. Betting markets have it basically split down the middle, Clippers 39%, Raptors 38%, which tells you nobody with money on the line actually knows either.

This is where the Raptors actually stand.

A championship they won in 2019 that’s aged into karma nobody asked for.

One star player parked in limbo through no fault of their own.

One fan summed up the whole ordeal, probably speaking for half of Scotiabank Arena:

Toronto didn’t create this problem. Toronto’s just the team stuck holding the bag while the NBA figures out how mad to actually get.

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