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What Happened to Toronto Raptors?

The Toronto Raptors, after their historic 2019 NBA Championship, have undergone a significant roster transition, focusing on developing a young core led by Scottie Barnes. The team returned to the playoffs in the 2025-2026 season, finishing 5th in the Eastern Conference, and is currently navigating a complex, pending trade for Kawhi Leonard amidst an NBA investigation. Off the court, Rogers Communications has finalized its acquisition of full ownership of Maple Leaf Sports & Entertainment (MLSE), the Raptors' parent company, in July 2026.

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Quick Answer

The Toronto Raptors are in a rebuilding phase centered around young talents like Scottie Barnes, Brandon Ingram, and Immanuel Quickley. They made the playoffs in the 2025-2026 season, finishing 5th in the Eastern Conference before a first-round exit. As of August 2026, the team is awaiting the resolution of an NBA investigation into a blockbuster trade that would bring Kawhi Leonard back to Toronto, a deal that has been on hold for months. Additionally, Rogers Communications has recently completed its full acquisition of MLSE, the Raptors' parent company.

📊Key Facts

2025-2026 Regular Season Record
46-36
Basketball-Reference.com
2025-2026 Eastern Conference Finish
5th
Basketball-Reference.com
MLSE Full Acquisition Price (25% stake)
C$4.35 billion
Rogers Communications / Hoops Rumors

📅Complete Timeline14 events

1
June 13, 2019Critical

Win First NBA Championship

The Toronto Raptors defeat the Golden State Warriors in Game 6 of the NBA Finals, securing their first-ever NBA Championship. Kawhi Leonard is named Finals MVP.

2
July 6, 2019Critical

Kawhi Leonard Departs for Clippers

Finals MVP Kawhi Leonard and veteran Danny Green leave the Raptors in free agency, with Leonard signing with the Los Angeles Clippers.

3
July 29, 2021Major

Draft Scottie Barnes

The Raptors select Scottie Barnes with the fourth overall pick in the 2021 NBA Draft, marking a shift towards a youth-centric rebuilding strategy.

4
August 6, 2021Major

Kyle Lowry Traded to Miami Heat

Long-time Raptors point guard and franchise icon Kyle Lowry is traded to the Miami Heat, officially ending the championship era core.

5
January 17, 2024Major

Pascal Siakam Traded to Indiana Pacers

Pascal Siakam, a key member of the 2019 championship team, is traded to the Indiana Pacers as the Raptors fully commit to their youth movement.

6
July 1, 2025Notable

Draft Collin Murray-Boyles

The Raptors select Collin Murray-Boyles with the 9th overall pick in the 2025 NBA Draft, who quickly emerges as a key contributor.

7
February 9, 2026Notable

Darko Rajaković Coaches Team World in All-Star Game

Head Coach Darko Rajaković and his staff represent Team World in the 2026 NBA All-Star Game in Los Angeles, highlighting the team's progress.

8
May 3, 2026Major

2025-2026 Season Ends with Playoff Exit

The Raptors conclude their 2025-2026 season with a 46-36 record, finishing 5th in the Eastern Conference, but are defeated by the Cleveland Cavaliers in the first round of the playoffs.

9
June 26, 2026Critical

Kawhi Leonard Trade Reported, NBA Investigation Begins

Reports emerge of a blockbuster trade sending Kawhi Leonard back to the Raptors, but the deal is put on hold due to an NBA investigation into alleged salary cap circumvention by the Clippers.

10
June 27, 2026Notable

Draft Allen Graves and Jaden Bradley

The Raptors select Allen Graves (19th overall) and Jaden Bradley (50th overall) in the 2026 NBA Draft, continuing to add young talent.

11
July 6, 2026Major

Rogers Acquires Full Ownership of MLSE

Rogers Communications finalizes its acquisition of the remaining 25% stake in Maple Leaf Sports & Entertainment (MLSE) from Kilmer Sports Inc. for C$4.35 billion, gaining full control of the Raptors' parent company.

12
July 9, 2026Notable

Stephen Silas Hired as Assistant Coach

The Raptors announce the hiring of Stephen Silas as an assistant coach, joining Darko Rajaković's staff, while other assistants depart.

13
August 10, 2026Major

Kawhi Leonard Expects Trade to Finalize Before Camp

Despite the ongoing NBA investigation, Kawhi Leonard reportedly expects his trade to the Raptors to be finalized before training camp begins in September.

14
August 13, 2026Notable

2026-2027 NBA Schedule Released

The NBA releases the full 2026-2027 schedule, with the Raptors set to open their season at home on October 21 against the Chicago Bulls. The schedule also highlights early season matchups against the Clippers, pending the Leonard trade.

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🔍Deep Dive Analysis

The Toronto Raptors have experienced a transformative period since their historic 2019 NBA Championship. Following the departure of Finals MVP Kawhi Leonard and key veteran Danny Green in the 2019 offseason, the team entered a new era, gradually shifting from a veteran-led contender to a youth-focused development squad. This transition saw the departures of long-time Raptors like Kyle Lowry and Pascal Siakam in subsequent years, paving the way for a new core.

A key turning point in this new direction was the emergence of Scottie Barnes, drafted in 2021, who quickly became a franchise cornerstone. The team continued to build through the draft and strategic trades, acquiring players like Immanuel Quickley and RJ Barrett, and drafting talents such as Collin Murray-Boyles (2025) and Ja'Kobe Walter (2024). The 2025-2026 season marked a significant step forward, with the Raptors finishing 5th in the Eastern Conference with a 46-36 record, ending a three-year playoff drought, though they were eliminated in the first round by the Cleveland Cavaliers.

The summer of 2026 has been dominated by a highly anticipated, yet complicated, trade for Kawhi Leonard, which would see him return to Toronto from the Los Angeles Clippers. This blockbuster deal, which reportedly involves sending Brandon Ingram, Gradey Dick, multiple first-round picks, and second-round picks to the Clippers, has been on hold since late June 2026 due to an ongoing NBA investigation into allegations that the Clippers attempted to circumvent the salary cap in their initial dealings with Leonard. The uncertainty surrounding this trade and potential penalties, including a possible suspension for Leonard, has cast a shadow over the Raptors' offseason and their 2026-2027 season preparations.

In other significant developments, Rogers Communications completed its full acquisition of Maple Leaf Sports & Entertainment (MLSE), the parent company of the Raptors, in July 2026. Rogers, which previously held a 75% stake, bought out the remaining 25% from Larry Tanenbaum's Kilmer Sports Inc. for C$4.35 billion, consolidating ownership of Toronto's major sports franchises. This move is expected to bring synergies across Rogers' sports holdings, including the Toronto Blue Jays and Sportsnet. On the coaching front, Darko Rajaković, who led the team to the 2026 NBA All-Star Game as a coach for Team World, received a contract extension, and Stephen Silas was hired as an assistant coach in July 2026, replacing departing assistants Mike Batiste and James Wade. The Raptors also added Santa Clara forward Allen Graves and Arizona guard Jaden Bradley in the 2026 NBA Draft, further bolstering their young core. The team's 2026-2027 season is scheduled to open on October 21 against the Chicago Bulls.

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People Also Ask

What is the current status of the Kawhi Leonard trade to the Raptors?
As of August 2026, the trade sending Kawhi Leonard to the Toronto Raptors is on hold due to an ongoing NBA investigation into alleged salary cap circumvention by the Los Angeles Clippers. Leonard reportedly expects the trade to be finalized before training camp.
Who owns the Toronto Raptors now?
Rogers Communications fully acquired Maple Leaf Sports & Entertainment (MLSE), the parent company of the Toronto Raptors, in July 2026. Rogers purchased the remaining 25% stake from Kilmer Sports Inc. for C$4.35 billion.
How did the Toronto Raptors perform in the 2025-2026 season?
The Toronto Raptors finished the 2025-2026 NBA season with a 46-36 record, placing 5th in the Eastern Conference. They qualified for the playoffs but were eliminated in the first round by the Cleveland Cavaliers.
Who are the key players for the Toronto Raptors in 2026-2027?
The Toronto Raptors' core includes Scottie Barnes, Brandon Ingram, Immanuel Quickley, RJ Barrett, and Jakob Poeltl. They also added rookies Allen Graves and Jaden Bradley in the 2026 NBA Draft.
Who is the head coach of the Toronto Raptors in 2026?
Darko Rajaković is the head coach of the Toronto Raptors, having received a contract extension. Stephen Silas was also hired as an assistant coach in July 2026.