More contemporaneous reporting that make it seem like this is really an under the table deal full of fuckery: (reposting from the NBA subreddit)
https://www.thestar.com/sports/raptors/inside-kawhi-leonard-s-bizarre-list-of-secret-demands-from-raptors-and-how-they-line/article_9f1b0398-0ebd-4193-bc06-798efda95023.html
Key passages:
But multiple sources with knowledge of Torontoās contract negotiations with Leonard in 2019 told the Star that Leonardās uncle and representative, Dennis Robertson, made demands that line up almost perfectly with what Leonard reportedly got from Aspiration. According to those sources, who were granted anonymity in order to speak freely about the negotiations, Robertsonās list was long, and absurd. It included a trade for George, which featured an exorbitant price tag. It included a slice of ownership of the Toronto Maple Leafs, which Robertson was told was impossible.
But two details stand out, in retrospect. One, Robertson asked for ownership stakes in outside companies: not just the Leafs, which he seemed to believe was separate, but with other companies with whom MLSE had a relationship. And two, the Raptors were told they needed to match at least $10 million per year in extra sponsorship income. Teams are allowed to introduce players to team sponsors; teams cannot negotiate deals, and MLSE was aware of that fact.
But it didnāt end there. As one source put it, when told about all the corporate sponsors in Toronto who would be happy to have Leonard as a pitchman, his camp said, āWe donāt want to do anything.ā Raptors representatives said any sponsor would want to shoot ads or arrange appearances; Robertson reiterated Leonard didnāt want to do anything for the money.
Thatās when the Raptors realized Leonard wasnāt asking to be introduced to Torontoās lucrative corporate community; they were being asked to arrange no-show jobs, and arrange no-investment investments. MLSE rejected both proposals.