Jul 2, 2014, 11:11 PM EDT
The Raptors made re-signing Kyle Lowry – an All-Star-caliber point guard who led them to the East’s No. 3 seed – their top priority.
Free agent guard Kyle Lowry has reached agreement on a four-year, $48 million contract extension with the Toronto Raptors, league sources told Yahoo Sports.
The deal has an early termination option allowing Lowry the opportunity to become a free agent after the third season.
That’s fantastic value for the Raptors. Signing him to just $12 million per year, they’ll have flexibility in coming seasons to continue upgrading the team.
Most importantly, they’ll have Lowry. Their best player, he should keep the Raptors a challenger in the East.
As for Lowry, he gets more long-term security than he’s ever had in his sometimes turbulent career. Perhaps, he could have drawn more money from another team, but there’s clearly a comfort level in Toronto.
Plus, if he wants to seek a larger deal – especially possible if the salary cap jumps with the new television contract – he can in just three years. Technically, the contract can’t contain an early termination option for the fourth season. (Those are allowed only for the fifth season.) However, a player option is permissible and offers the same de facto functionality.
Meanwhile, the Heat must identify another dream candidate.
Aug 4, 2015, 11:00 PM EDT
Aldridge has too many pairs to fill his closet as it is.
Aug 4, 2015, 9:56 PM EDT
Exum suffered the injury in an exhibition game in Slovenia.
Aug 4, 2015, 9:00 PM EDT
Bradley Beal also headed to Las Vegas
Aug 4, 2015, 8:01 PM EDT
That would derail a lot of the Jazz’s positive momentum
Aug 4, 2015, 7:02 PM EDT
Aug 4, 2015, 6:02 PM EDT
Everything good now between the Kings franchise player and coach?
Aug 4, 2015, 5:13 PM EDT
This is the real deal
Aug 4, 2015, 4:18 PM EDT
Exum was playing for Australia against Slovenia
Aug 4, 2015, 3:33 PM EDT
Will former Iowa State star make Orlando’s team?
Aug 4, 2015, 2:44 PM EDT
If you don’t get it, ask someone younger
Aug 4, 2015, 1:45 PM EDT
Kobe doesn’t know how he’ll feel next summer. You can’t blame him for that.
Aug 4, 2015, 1:10 PM EDT
No. No they will not.
Aug 4, 2015, 12:30 PM EDT
The Serbian national team is expected to protest it.
Aug 4, 2015, 11:57 AM EDT
He will battle Kyle O’Quinn to backup Robin Lopez.
Aug 4, 2015, 10:45 AM EDT
Lawson and Brewer put up impressive offensive numbers together in Denver.
Aug 4, 2015, 10:05 AM EDT
I’m no fashion critic, but they’re not bad.
Aug 4, 2015, 9:14 AM EDT
Somehow I bet he still cashes his paychecks rather than actually playing for free.
Aug 4, 2015, 8:34 AM EDT
Even if he could sign an extension, he wouldn’t.
Aug 4, 2015, 8:00 AM EDT
The Morris twins have denied any involvement, or even knowing the victim.
Aug 4, 2015, 1:05 AM EDT
Thinking long-term is the smart approach, the only one the Mavericks should consider
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