The trade of Kawhi Leonard from the Los Angeles Clippers to the Toronto Raptors has stalled due to an ongoing NBA investigation. Although an agreement was reached on June 30, the deal remains unconsummated because the Raptors' ownership must assume the risk of potential penalties related to Leonard's contract. The investigation, which began in September 2025, involves allegations that the Clippers circumvented the salary cap through a $28 million "no-show" endorsement deal with the now-bankrupt company Aspiration. The Clippers deny these allegations, claiming they were victims of fraud by Aspiration's executives. The proposed trade package includes Brandon Ingram, Gradey Dick, two first-round picks, a pick swap, and two second-round picks. While both teams expect a resolution once the investigation concludes, the Raptors' statement suggests they may reconsider if the potential league discipline is deemed too severe.