- Waiver amount: roughly $7.45 million (15% trade kicker).
- Immediate cap effect: keeps Raptors below the luxury-tax first apron and avoids a hard cap breach tied to the kicker.
- Roster impact: limits Toronto’s ability to add significant guaranteed salary before the season without tax consequences.
- Leonard is expected to sign a short-term extension with Toronto, per reporting.
- Any extension will need to be structured with the apron constraint in mind.
- Team likely to pursue minimum or low-cost additions rather than significant guaranteed deals before season start.
Useful?