HoopsHype Kyle Lowry rumors

June 30, 2014 Updates

Now, it is on Riley to replenish a roster that failed in a five-game NBA Finals loss to San Antonio. As Yahoo Sports reported on Saturday, James is pursuing a full max contract extension, beginning at $20.6 million – or something slightly below. Bosh and Wade will need to take pay cuts – Wade's significant – to create the cap space for Miami to be competitive in pursuit of free agent targets that include Kyle Lowry, Luol Deng, Marcin Gortat, Trevor Ariza and Marvin Williams. Yahoo! Sports

Marc Stein: Miami's interest in Lowry is undeniable, but keep hearing Raps feel good about their chances with offer poised to start in $12 mil range. But if you're Lowry how could you not want to listen to what Heat have to say? Miami can't compete money-wise w/Raps but gotta hear 'em out. Twitter @ESPNSteinLine

June 29, 2014 Updates

If they are unable to land Anthony or James, the Lakers are also expected to have a strong interest in Washington free-agent forward Trevor Ariza, Raptors guard Kyle Lowry, Detroit center Greg Monroe and Phoenix forward Channing Frye, according to sources. Ariza, 29, was a key part of the Lakers 2009 NBA championship team, but left after the team chose to sign Ron Artest to a five-year deal following the season. The former UCLA star is coming off a career season with the Washington Wizards, in which he averaged 14.4 points and career highs in field goal percentage (45.6), 3-point percentage (40.7) and rebounds (6.2). ESPN.com

June 28, 2014 Updates

If Wade and James are willing to accept reductions in pay as well, the Heat potentially would be able to open a salary slot to add another player. The team is known to be interested in Toronto Raptors free agent point guard Kyle Lowry. ESPN.com

June 27, 2014 Updates

Ric Bucher: My deepest and sincere apologies. My report on Lowry and a S&T between the Raptors-Heat is wrong. I should've known better. I could not be more embarrassed. I can't explain why someone would go the lengths "my source" did to set me up, but that's irrelevant. I allowed my zeal to break a story take too much for granted. I'd like to think I'm better than that. Yesterday and today I was not. Twitter @RicBucher

The deal, which will consist of the Raptors signing and trading Lowry in exchange for Heat point guard Norris Cole, cash and a combination of future draft picks, can't be officially consummated until sometime after July 1 because Miami is currently over the salary cap and must sort out its position with its existing core of superstars—LeBron James, Dwyane Wade and Chris Bosh. Bleacher Report

Regardless of how the discussions go with James, Wade and Bosh, however, "Lowry will be a member of the Heat" next season, the source said. The Heat's grand plan is to transform its Big Three into a Big Four that would include Knicks free agent Carmelo Anthony, multiple league sources have said. The addition of Lowry, though, could mean only part of the current Big Three comprises the new quartet. Bleacher Report

Ethan J. Skolnick: To answer a couple of questions... 1. Riley's presser was restricted to draft questions... 2. Heat's interest in Lowry continues. Twitter @EthanJSkolnick

June 26, 2014 Updates

As Lowry enters unrestricted free agency next week, that’s one of the main factors that he’ll consider as he weighs his options. Lowry wants to hoist the Larry O’Brien trophy in the near future, and this summer he could put himself in position to do that. “I think the right situation is somewhere I’m winning and being happy, and honestly I want to play for a championship,” Lowry told Basketball Insiders. “I’m happy with making the playoffs and doing that, but the end game for all players should be a championship and that’s what I want to play for. I want to play for a championship.” Basketball Insiders

When asked if he has given any thought to joining the HEAT, Lowry would only say that he hasn’t given the rumors much thought at this point. “I haven’t really thought about too much lately with free agency because it’s still not here,” Lowry said. “Until something’s actually put down on the table, I mean rumors are just rumors. It’s just like the trade deadline – rumors are rumors until something is actually done. For me, I can’t think about what if or what could happen. I’m just focused on what’s realistic and what’s factual and what’s on paper. … I’m not worrying about the things that I can’t control until July 1, 12:01 on Tuesday.” Basketball Insiders

For a moment, it seemed like Toronto might overhaul the roster and rebuild. The team’s other veterans were suddenly questioning their standing with the team, and Lowry admits he thought he was going to be sent packing. “Honestly, I thought I was going to get traded,” Lowry said. “I thought it was going to be a done deal, to be honest. But Masai was very open and up front with me, and I understood everything that was going on. So it wouldn’t have been a surprise if it would have happened because he was up front. And, of course, I think every player should know that they can be traded at any moment, at any time. It’s a business. All I have to do is be a professional and go out there and do my job.” Basketball Insiders

It's not inconceivable that Lowry could wind up playing with James if he re-ups with the Miami Heat, but the economics in that equation would make it extremely challenging. The more likely scenario, by far, involves Lowry getting paid handsomely by a team that wasn't able to convince the four-time MVP to come its way. According to two people with knowledge of the situation, the Houston Rockets — whom Lowry played for from 2009 to 2012 — are one of those teams. While Rockets general manager Daryl Morey will woo free agents like James, Anthony and Heat center Chris Bosh (if he opts out of his deal), he also will pursue Lowry if those initial options are no longer in play. USA Today Sports

June 25, 2014 Updates

It's not inconceivable that Lowry could wind up playing with James if he re-ups with the Miami Heat, but the economics in that equation would make it extremely challenging. The more likely scenario, by far, involves Lowry getting paid handsomely by a team that wasn't able to convince the four-time MVP to come its way. USA Today Sports

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