Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek

Trending

Filed under: News | Latest Sports News

 

Kyle Lowry Agrees to 4-Year, $48M Deal With Toronto Raptors

Highly-coveted, free-agent point guard Kyle Lowry agreed to re-sign with the Toronto Raptors to the tune of a four-year, $48 million deal, per multiple reports.

1 Updates
Kyle Lowry Agrees to 4-Year, $48M Deal With Toronto Raptors
Photo Credit: Getty Images
 
 

YouTube Videos Comments

Full Story

Kyle Lowry Agrees to 4-Year, $48M Deal With Toronto Raptors

Kyle Lowry Agrees to 4-Year, $48M Deal With Toronto Raptors
Photo Credit: Getty Images

Kyle Lowry agreed to a new four-year deal with the Toronto Raptors. 

Lowry, who is an unrestricted free agent, agreed to a conrtract worth $48 million, per Yahoo! Sports' Adrian Wojnarowski: 

"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 fourth year of the contract is at Lowry's option.

"'Toronto is just the right place for me,' Lowry told Yahoo Sports.

"Securing Lowry, a cornerstone of the Raptors revival, has been general manager Masai Uriji's No. 1 priority in the offseason, and stands as a coup for a franchise that had struggled in years past to get frontline NBA players to commit long-term.

"Lowry stands to become an even more popular and marketable figure in Toronto with his decision to return to the team.

"Lowry, 28, had been a free agent target of several teams, including Miami and Houston. In his second full season in Toronto, Lowry had a borderline All-Star season, averaging 17.9 points, 7.4 assists and 4.7 rebounds per game. He led Toronto to the playoffs for the first time in five years, losing in a seven-game series to Brooklyn."  

The Toronto Sun's Ryan Wolstat also reported on Lowry's return to Toronto:  

"Tim Leiweke was adamant Kyle Lowry would be back. 

"Masai Uriji was confident, too, and they were not wrong. 

"The Raptors reached a verbal agreement with the star point guard late Wednesday evening, sources confirmed to the Sun. Yahoo! Sports first reported the deal would be a four-year, $48 million package, with Lowry having the option to opt out before the final year. 

"Lowry put a pitcure of himself on Instagram wearing a throwback purple, No. 15 Raptors jersey, with the caption: 'This ain't Amir jersey y'all! Lol...it's for the 2014-15 season cause Toronto will be my home city.'

"The agreement was the biggest piece of Raptors business in years and a crucial moment for a franchise that has seen stars like Vince Carter, Tracy McGrady and Chris Bosh eventually engineer exits. 

Wolstat also points out Leiweke, president and CEO of Maple Leafs Sports and Entertainment, had been adamant all along that his starting point guard would return to the Raptors:

"Leiweke, the president and chief executive officer of Maple Leaf Sports and Entertainment, had been emphatic back in April that Lowry would not depart. 

"Speaking on George Stroumboulopoulos Tonight, Leiweke said yes when asked if he will sign Lowry. 

"Leiweke pointed to the bond between Lowry and Uriji that had seen Toronto's GM get the best out of a player that had tremendous natural talent, but had not always channeled his emotions the proper way. This year, everything clicked, and Lowry was a force from the start, especially picking up his game once he got more responsibility, with the ball in his hands far more often once friend Rudy Gay was dealt to the Sacramento Kings in a multi-player deal. 

"'This has been one of the best seasons I've had through and through. Best coaches, teammates, upstairs. It's been great. I am happy. Without a doubt I can say I'm happy,' Lowry said when the season had come to a close. 

"The Raptors had been extremely confident after meeting with Lowry and representative Andy Miller earlier this week. However, one member of the organization said that as confident as the franchise was at retaining Lowry, until he actualy signed on the dotted line, no one could rest easy.

"They can get some sleep now, even if nothing can become official until midnight on July 10, when the NBA's needlessly long moratorium period finishes."

For more of the hottest sports news, log on to Sport Balla today. 

 

iPad Air Giveaway. Win a free iPad Air.

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 


Poch de la Rosa follows all major U.S. sports: NFL, MLB, NBA, NHL and the NCAA. His favorite teams are the Colts, Braves, Pacers, Sharks and Irish, respectively.

 

 

Comments

blog comments powered by Disqus

Latest stories

Kari Byron, Tory Belleci and Grant Imahara Exit MythBusters
 
 
Microsoft set to unveil Windows 9 on September 30th
Microsoft set to unveil Windows 9 on September 30th
While Threshold is likely to be named Windows 9, it’s unlikely that Microsoft will name its upcoming Windows release at its press event.
 
 
Tara Reid Wears Revealing Dress at Sharknado 2 Screening
Tara Reid Wears Revealing Dress at Sharknado 2 Screening
Sharknado 2 hit the big screen yesterday in LA. Tara Reid used the occasion for a dramatic red carpet appearance. How does this dress stay on her boobs?
 
 
Mariah Carey Feels Sorry About her Marital Issues
Mariah Carey Feels Sorry About her Marital Issues
The pop diva, Mariah Carey feels sorry about her marital issues. Her problems with her husband may offer trouble in the future for the rich and famous songstress.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.