NBA Breaking Trade Analysis Sources: @ShamsCharania & @BobbyMarks42 CBA 2023-24 / 2024-25 Apron Rules

Kawhi Leonard Trade Cap Impact Explorer

Kawhi Leonard completed paperwork to waive his 15% trade kicker worth $7.45 million to facilitate his blockbuster trade to the Toronto Raptors. Explore how waiving or honoring the kicker affects Toronto's total payroll, first apron hard-cap pressure, and team-building flexibility.

1. Trade Parameters & Kicker Waiver Toronto & Clippers
$171.50M
Default baseline: Raptors pre-existing team salary commitment ($171.5M).
$49.70M
Contract baseline: ~$49.7M base salary without trade bonus inclusion.
$0.00M
Adjust outgoing contracts (e.g. matched trade pieces) to evaluate net cap impact.
“Leonard has completed paperwork to waive his 15% trade kicker worth $7.45 million to facilitate the trade to Toronto, sources said. Toronto is now pressed at the first apron with the trade, per @BobbyMarks42.”
2. Apron Headroom & Thresholds First Apron Alert
Pressed at First Apron ($178.7M limit) — Restricts buyout signings & cash considerations.
Salary Cap ($140.5M) Luxury Tax ($170.8M) 1st Apron ($178.7M) 2nd Apron ($189.9M)
Total Toronto Post-Trade $221.20M
Kicker Financial Savings $7.45M
Headroom to 1st Apron -$42.50M
Kawhi Cap Charge $49.70M
Cap Element Amount CBA Rule Impact
Kawhi Base Salary $49.70M Direct Player Charge
15% Trade Kicker Waived ($0.00) $7.45M Value Foregone
Outgoing Matching Salaries $0.00M Deducted from Raptors Cap
Net Toronto Payroll $221.20M Pressed at First Apron
Trade report JSON ready!
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