Lowry re-signs with Raptors

 

The Sports Network

Toronto, ON (SportsNetwork.com) - Kyle Lowry is officially staying in Toronto.

Shortly after the moratorium for free agency ended at midnight Wednesday, the Raptors announced a press conference to confirm the Lowry signing on Thursday morning.

Terms of the multi-year deal were not disclosed, but earlier reports had Lowry and the Raptors agreeing to a four-year contract worth $48 million.

"We made it known that our top priority heading into the offseason was to re- sign Kyle," said Raptors president and general manager Masai Ujiri on Thursday. "He was a key to our success last season and we are delighted that he wants to be here in Toronto to help us continue to build a championship program."

Lowry, 28, averaged 17.9 points and 7.4 assists in his second season with the Raptors, helping them reach the playoffs for the first time in six years.

The new deal reportedly includes an early termination option allowing Lowry to become a free agent after the third season.

Lowry was acquired in July 2012 in a trade with the Houston Rockets, who were reportedly one of the teams focusing on Lowry as a potential offseason addition.

In two seasons with Toronto, Lowry has averaged 15.0 points, 6.9 assists and 4.7 rebounds. He has career averages of 11.7 points, 5.4 assists and 3.8 rebounds in 506 NBA games for Memphis, Houston and Toronto.

Read more Basketball Wires stories from the Miami Herald

  • Joakim Noah to address Chicago's street violence

    Chicago Bulls player Joakim Noah will address ways to curb Chicago's gun violence.

  • Sterling trial hears its final testimony

    LOS ANGELES-A dementia expert raised questions about whether two doctors properly conducted mental exams that found longtime Los Angeles Clippers owner Donald Sterling mentally incapacitated as testimony concluded Wednesday in the trial to determine whether Shelly Sterling acted properly when she sold the team in May without her husband's consent.

  • Jameer Nelson signs two-year contract with Mavericks

    Newest Maverick Jameer Nelson wasn't a bad three-point shooter last season. He hit 34.8 percent, which is OK.

Get your Miami Heat Fan Gear!

Join the
Discussion

The Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

The Miami Herald uses Facebook's commenting system. You need to log in with a Facebook account in order to comment. If you have questions about commenting with your Facebook account, click here.

Have a news tip? You can send it anonymously. Click here to send us your tip - or - consider joining the Public Insight Network and become a source for The Miami Herald and el Nuevo Herald.

Hide Comments

This affects comments on all stories.

Cancel OK

  • Marketplace

Today's Circulars

  • Quick Job Search

Enter Keyword(s) Enter City Select a State Select a Category