According to Chris Haynes of Yahoo! Sports, Kawhi Leonard will decline his Raptors 2019-20 player option worth $21.3 million and become an unrestricted free agent.
Haynes says Leonard is believed to be seriously considering re-signing with Toronto, with the Raptors being the only team who can offer the All-Star a max contract for five years and $190 million. A handful of teams could secure meetings with him.
Earlier this month, Leonard led Toronto to its first championship in franchise history and was named NBA Finals MVP for the second time in his career after beating the Warriors in six games. Leonard led Toronto with 28.5 points per game in the Finals, shooting 47.6% from the field.
Leonard was picked at No. 15 overall in the 2011 NBA draft by the Pacers out of San Diego State but was traded to the Spurs the same day. He won a title with San Antonio in 2014. He was traded to the Rapters after seven seasons with the Spurs.
Information from Yahoo! Sports and SI.com contributed to this report.