Storyline: Stanley Johnson Injury

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July 18, 2018 | 9:47 am EDT Update
Bobby Marks, ESPN: Here are the financial implications for Toronto by acquiring Kawhi Leonard and Danny Green: The Raptors now have a payroll of $139.1M and a current tax bill of $29.8M. Danny Green is in the last year of his contract with a cap hit of $10M. Leonard will have a cap hit of $23.1M (including the trade bonus) and has a $21.3M player option for 2019-20. If Leonard elects to leave as a free agent in 2019, Toronto will have $101.6M in guaranteed salary and will be over the salary cap based on the team options of Pascal Siakam ($2.4M), Malachi Richardson ($2.6M), OG Anunoby ($2.3M) and $7.6M free agent hold of Delon Wright. The Raptors could create some flexibility if Jonas Valanciunas ($17.6M) and CJ Miles ($8.7M) opt-out of their contract. If Leonard returns, the first year cap hit projects to be $32.7M. In 2020-21, Toronto only has the $10.9M Norman Powell salary and $3.9M OG Anunoby team option counting against the cap.
45 mins ago via ESPN
July 18, 2018 | 9:02 am EDT Update

Kawhi Leonard to Raptors

Adrian Wojnarowski: Toronto has reached agreement in principle to acquire San Antonio’s Kawhi Leonard for package that includes DeMar DeRozan, league sources tell ESPN. Trade is larger on both sides, and players are still being informed of their inclusion in the deal. Trade call with league today.
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Raptors president of basketball operations Masai Ujiri is taking a significant risk in pursuing the trade. Ujiri will make the deal with a determination that he can sell Leonard on re-signing with the Raptors next summer in free agency, sources said. Toronto would be able to offer Leonard a five-year, $190 million contract next summer. If Leonard left the Raptors, he could sign a four-year, $141 million deal with a team with the available salary-cap space.
1 hour ago via ESPN