Adrian Wojnarowski: As the Miami Heat create salary cap space, Toronto free agent guard Kyle Lowry remains a firm target in free agency, sources tell ESPN. Miami has more levers to pull to create space to sign Lowry outright — or can still endeavor to work a sign-and-trade with the Raptors.
Tim Reynolds: It's now Sunday in the US, meaning free agency starts tomorrow there, so it's probably time to say this: Per source, when it comes to Kyle Lowry, the Miami Heat "have his attention and have had it for a while." Buckle up, kids.
Yet while New Orleans has gained momentum toward landing Lowry, the race for his services still does consist of several suitors. Miami and Dallas are expected to aggressively pursue the All-Star point guard, sources said, as Lowry's close relationship with Heat centerpiece Jimmy Butler is often mentioned among league personnel.
Zach Lowe: I heard the Lakers were adamantly opposed to — ‘We are not hardcapping ourselves, we’re just not doing that to our in-season flexibility, we want to maintain our options’. And that precludes Kyle Lowry being signed and traded — anyone you want to sign and trade to the Lakers, it precludes from happening.
Miami, Dallas and New Orleans will be at the forefront of the pursuit for Toronto’s Kyle Lowry once free-agent negotiations are permissible at 6 p.m. ET on Monday. Lowry is the top target for all three teams. The Heat would appear to have a recruiting advantage through Lowry’s close relationship with Miami star Jimmy Butler.
Josh Lewenberg: Webster is non-committal re: their intentions on Lowry's free agency, mentions all 3 options (he stays, he leaves, they sign and trade him) and says they can examine those scenarios more clearly now that the draft is over, will also try to do right by Kyle/what he wants to do.
From everything I’ve been told, they are going to pursue Kawhi Leonard and then, once the door is slammed in their face, pivot to a hard pursuit of Lowry. I think he makes sense for them as a target because he couldn’t possibly fit better, and the worry about his age isn’t as strong for me because the Mavs plus Lowry are plausibly good enough to contend … especially in a West with no obvious front-runner.
David Griffin hopes to make a huge offer to veteran free agent point guard Kyle Lowry, sources say, in an effort to import the type of leadership that Chris Paul brought to the Suns last year in morphing them into contenders. Green fits with that plan. He and Suns coach Monty Williams are deeply aligned and have the same relationship-based approach to coaching. Williams and Green were teammates in Philadelphia 18 years ago, then Green played for Williams in New Orleans a decade ago.
The Dallas Mavericks' post-draft focus, sources say, will be the pursuit of Kyle Lowry (along with Miami, New Orleans and Philadelphia) and their bid to re-sign Tim Hardaway Jr. Dallas was initially expected to wait and see if Kawhi Leonard gave any indication that he was open to leaving the Clippers, but the Mavericks have moved off of those plans.
However, the speculation is the Pels have the opposite plan in mind: That they want to pursue Toronto guard Kyle Lowry in free agency, and now have the ammunition to outbid anybody if need be. (Sources also tell The Athletic the Dallas Mavericks and Miami Heat will be major suitors for Lowry, with Dallas trying to clear more room to give itself a leg up).
New Orleans' deal appears directly engineered as a way to clear salary-cap space for an aggressive offer for Kyle Lowry in free agency. The Lakers, Sixers, Mavericks and Heat all remain linked by league sources as potential Lowry suitors, which will be just one element of a cluttered point guard market. It's believed New Orleans, like each other team just mentioned, would have its sights set on Spencer Dinwiddie should Lowry choose to play elsewhere. The spinning of that point guard carousel will surely impact the landing spots for Lonzo Ball and Dennis Schroder, too.
There was some assumption from league sources that Lowry would be chasing a second ring in free agency. But while playoff or prospective playoff teams make up the list of suitors, the new operating assumption is that money will be the deciding factor for Lowry.
Days before the start of NBA free agency, the Miami Heat remains very interested in impending free agent point guard Kyle Lowry but faces increasing competition. According to a source in touch with the player, Lowry would like a guaranteed three-year deal, averaging $30 million per season. Even if he doesn’t get $30 million, he’s very likely to command an offer topping $25 million.
The Heat, New Orleans, Dallas, the Knicks, Philadelphia and the Lakers are all believed to have interest. And Lowry would have interest in each of those teams at the right dollar amount, according to a source briefed on his plans. A return to Toronto is considered much less likely, according to the source.
The source said Lowry holds the Heat in high regard — and is close with Jimmy Butler — but isn’t necessarily inclined to accept less from Miami if one of those other teams offers more. Speaking in general after the season, Lowry said he would like to be positioned to win another championship but added: “Money talks, and years talk; let’s be real. … At the end of the day, I want to make sure my family is taken care of for generations.”
Miami’s other option would be working out a sign-and-trade with Toronto, but it’s questionable if the sides can agree on compensation. The Heat remains reluctant to include Herro in a sign-and-trade for Lowry, according to a source.
It’s iffy if the Raptors would be willing to take Nunn in such a deal; one source did not believe Toronto had considerable interest in the impending Heat free agent. Nunn also would need to agree to sign with Toronto in that scenario.
A league source said the Sixers have expressed interest in acquiring Lowry. However, the Lakers, Dallas Mavericks, New Orleans Pelicans, and Miami Heat are also reportedly expected to be top suitors.
NBA Central: Adrian Wojnarowski expects a 'big market' for Kyle Lowry "You’re talking potentially $25 million-$30 million a year for Kyle Lowry, it’s going to be expensive to get at him in free agency or sign-and-trade."
The Los Angeles Lakers are pursuing a third stellar player who provides playmaking and shot creation around LeBron James and Anthony Davis, sources said. The Lakers are expected to show interest in several free agents such as Kyle Lowry, DeMar DeRozan and Spencer Dinwiddie, according to sources, but another scenario has gained some traction.
Regarding the Pelicans, opposing teams expect New Orleans to explore ways to shed salary in pursuit of a veteran. Kyle Lowry is one player on New Orleans’ radar, sources confirm.
DeRozan, who starred at Compton High and USC, has interest in returning home to play for the Lakers, even if it is for less than the $27.7 million he earned last season in San Antonio, according to people not authorized to speak publicly on the matter.
Though the Lakers didn’t acquire Lowry at the trade deadline, he remains interested in joining them, according to people with knowledge of his situation.
“It’s a very average free-agent group for unrestricted free agents,” said one Western Conference executive. “For example, there is no KD or a Giannis. The best guys are DeRozan, Lowly and Conley. But if some guys opt out of their contracts and become unrestricted free agents, then that changes things.”
The first option for the seven-time NBA champion is Kyle Lowry of the Toronto Raptors whom the Lakers failed to acquire before the trade deadline this past season. “It’s going to be hard because of that salary cap for them to get a veteran guard,” Horry said on ESPN’s The Jump. “You talk about CP3, I don’t think he’ going to give up all that money to go to the Lakers. And you talk about Westbrook. It’s too much money. “You got to think about. The Lakers aren’t going to do that. If you’re going to look for a guard, you got to go with someone like Kyle Lowry. I know they didn’t get him in the trade but maybe you can sweet talk him and say ‘Yo man, we can give you whatever we can, come play for us, let’s win a championship. You only got one, dog. One ring don’t really count anybody, you gotta get two or more so come play with us with the Lakers.’
Steven Adams and Eric Bledsoe were two guys that some executives I had spoken to around the league felt could be tradeable guys for New Orleans. If you’re going to try to offer Lowry the type of money he’s looking for in free agency, they have to move one of those guys… The interest in Lowry makes sense for New Orleans trying to get better. I don’t think he’s this Chris Paul type of player who can elevate them to where the Suns were as a championship contender, but he’d certainly make them better for the short term.
Marc Stein: There is rising buzz New Orleans plans to enter the race for free agent-to-be Kyle Lowry, league sources say. There will be several Lowry suitors but it's clear why the Pels, desperate to help Zion Williamson reach the playoffs, would want in. More NBA: subscribe to Marc Stein's NBA Newsletter.
This is the strongest market ever for former Grizzlies point guards. As with Mike Conley below, age will be a factor: Kyle Lowry is 35, so we’re probably looking at a two-year deal in the $50 million range.
The scout said that the ideal person to run the Sixers offense is Kyle Lowry, who made $30.5 million for Toronto last season and will be entering free agency. The scout said he doesn’t feel Lowry is a $30 million-type player at age 35, but that he can still be highly effective if he came to the Sixers. Lowry is from Philadelphia, starring at Cardinal Dougherty and then Villanova before beginning a 15-year NBA career that has included an NBA championship in 2019 with the Raptors and six All-Star appearances. “I would move heaven and earth to try to bring him home,” the scout said of Lowry. “He would be a natural for this team, a strong leader, and somebody who could take over the ballhandling load.”
In the past, sources said Lowry — a Philadelphia guy who played at Villanova — wanted to be a Knick. He’s 35, an NBA champion and still can bring shotmaking and playmaking. Don’t discount Lowry re-signing, unless the Raptors draft Gonzaga point guard Jalen Suggs. One league executive said giving more than a one-year guarantee at max money makes for a risk at age 35. “He’s better suited for a title contender — and that’s not the Knicks,’’ one personnel man said.
In the past, sources said Lowry — a Philadelphia guy who played at Villanova — wanted to be a Knick. He’s 35, an NBA champion and still can bring shotmaking and playmaking.
IF history is any indication, Thibodeau may prefer a veteran guard over a younger player. During the regular season, Kyle Lowry’s name came up internally as a potential target. Earlier in the season, Dennis Schroder’s name also came up. If the Knicks turn to a veteran, the other name to keep an eye on is Chris Paul.
Nick Nurse on Kyle Lowry's free agency: “He still puts his body on the line. He still guards hard. He still scores, his numbers are good, his shooting percentages are good. And he's a tremendous talent. I hope we keep him. I think he's part of our core.”
“Everyone’s gonna have their own opinion,” Lowry said. “And it’s a good story for people to write and to have fun with. But we’ll see what happens. No one knows what the future holds. No one knows what comes with the next day. We all just have to live it every day and every moment. And that’s important, to just take it day by day and minute by minute, hour by hour, and live our lives like that. But it’s a cool story to write for people. I just hope they make me look really cool.”
The other major decision facing the Raptors this offseason is attempting to retain star free agent Kyle Lowry, the team's longest-tenured player and one of the driving forces behind its 2019 title. Ujiri said that decision will be made, in part, on what direction Toronto looks to go as an organization this offseason. "It just depends on what we are doing," Ujiri said. "When we evaluate this, we are evaluating in many ways. One of the ways we have looked at is giving the young guys even more opportunity and building the future rather than now. We have to look at the organization that way.
Josh Lewenberg: Lowry on Masai Ujiri: "I told him part of the reason I'm still here is because of him. So his decision will factor into (my decision). I want him to get what he deserves. He's the best out there... He will get his payday and it's well deserved and well earned."
Tim Reynolds: Kyle Lowry on free agency, noting that he loves the game, but ... : "Money talks, and years talk. ... At the end of the day, I want to make sure my family is taken care of for generations."
Kyle Lowry is among the point guards on the Knicks' radar for the 2021 offseason, SNY has learned. Lowry will be an unrestricted free agent in the offseason. He will likely command multi-year offers from several teams, but his future in Toronto is unclear due to the uncertainty over the future direction of the franchise.
Prior to the 2021 trade deadline, the Raptors had discussions with several teams – including the Los Angeles Lakers and Miami Heat – about trades involving Lowry. The Heat have long been linked to Lowry, so it wouldn’t surprise anyone if Miami pursued the 35-year-old in free agency.
New York will have significant cap space this summer. The club will likely be able to offer Lowry a one-year deal worth more than the annual value of any multi-year offers he gets from other teams. The Knicks can also offer Lowry a multi-year deal in free agency.
Lowry not getting traded at the March 25 deadline was quite a surprise, but it wasn’t for lack of trying on the part of the Toronto front office. But as team president Masai Ujiri made clear back then, the Raptors still have an incredibly high opinion of Lowry and his game that — as they saw it — wasn’t properly reflected in the offers that came their way. Yet among the three teams known to be in hot pursuit of Lowry back then — the Lakers, Miami and Philadelphia — only the Heat are in a financial position to possibly sign Lowry outright this summer. Sources say the Sixers still plan on pursuing him by way of a possible sign-and-trade. While they added George Hill at the deadline in lieu of Lowry, only $1.2 million of his $10 million salary for next season is guaranteed, and the deal expires at that point. The Lowry interest remains very strong there.
If it doesn’t work out with Oladipo, the Heat could pivot back to Lowry. League sources said if Lowry had been traded, his preference was the Heat because of his close friendship with Jimmy Butler. The Heat can realistically create about $26 million in space while retaining the restricted free-agent rights to Robinson and Kendrick Nunn, if the salary cap is $112 million as currently projected.
Adrian Wojnarowski: In making trade offers for Kyle Lowry, teams had to take into consideration whether he would turn out to be a rental for the season --- or if they would be able to meet his contract expectations to stay in free agency. That impacted how far teams were willing to go on him.
Oleh Kosel: Brian Windhorst on The Jump says it's unclear if Pelicans can afford to keep Lonzo Ball due to other financial commitments but to watch Knicks, Heat and Raptors. Zo, Schroder & Lowry are "to be the subject of a bidding war amongst the teams that need a point guard this summer."
Adrian Wojnarowski: In the end, Masai Ujiri didn't find a package that compelled him to trade Kyle Lowry -- and Lowry had always been fine with completing the season with the Raptors, sources tell ESPN. Now, Lowry can head to free agency in the summer.
Tim Reynolds: All I can say is this: It's absolutely true that if Kyle Lowry leaves Toronto, his pick of landing spots would be Miami. And I do think he'll be with the Heat next season. I'm just not sure yet about whether he will be later this week.
Kyle Lowry was asking $5.3 million for his Toronto home. This week, it sold firm for $5.12 million. That’s a shade less than the $5.25 million Lowry paid for the property in 2017, the same summer he signed the biggest deal of his career — a three-year contract worth $100 million to play point guard for Toronto’s NBA team.
The home, owned by KL7 Inc., a nod to Lowry’s uniform number, was put on the market about a month ago, only days before the Raptors announced they’ll play the remainder of their 72-game schedule in Tampa, Fla., where they’ve been playing “home” games at Amalie Arena since the season began in December. Currently playing out the final year of his contract, Lowry’s NBA future remains uncertain.
Still playing at an elite level, the 15-year veteran wants to play two more seasons at around $30 million per, according to sources.
All-Star point guard Kyle Lowry understands why Kawhi Leonard would leave for the Los Angeles Clippers, but the longtime leader of the Toronto Raptors has no desire to bolt Canada. "I want to be there -- I would love to do a long extension, but we'll see what happens," Lowry said. "I'm here for USA Basketball and (to) support the guys and be around the group. I would love to be there long term, but we'll have that discussion when the time is right."
The Toronto Raptors announced Friday they have re-signed three-time NBA All-Star Kyle Lowry to a multi-year contract. Per team policy, financial details were not disclosed.
“Kyle has been a valuable part of our team’s success the past five years,” said Raptors President Masai Ujiri. “He has grown as a player and person during his time in Toronto and we are excited that he wants to be here to help us continue building a championship program.”
Eric Smith: Lowry says he's "all in" with the Raptors; wants to take the organization, city, and country to new levels.
Kyle Lowry: But for me, at the end of the day, this was an easy decision. And all of those roads … they all led me back to the same place: home. They all led me back to Toronto. When I got here, five years ago, there was a lot of rebuilding talk. A lot of, Man, this roster, I don’t know … the Raptors gotta blow it up. These experts, I think they wanted us to trade this, waive that, tank this, draft that. That was most of the talk surrounding our franchise. And I was definitely one of the names being included in that talk.
Kyle Lowry: I’m coming back to Toronto because my heart is telling me that it’s home — and because staying home, for me and my family, feels like the right thing to do. My heart is telling me that this is the best city in the world, with the best basketball fans in the world. It’s telling me that the Raptors can be a championship-level team, sooner than later. And I’ll be honest (and don’t hate) — it’s telling me that I’ve still never had poutine.
“I could definitely see myself re-signing with the Lakers,” Robinson said. “Business-wise, family-wise and basketball-wise, it makes sense for me. I have a lot of things going for me out here – there are so many opportunities and resources and people I connected with in Los Angeles who helped me. With my family, we were able to get comfortable. It would mean a lot to just stay put here.
Jeff Zillgitt: Growing sense among NBA executives that Kyle Lowry will return to Raptors. Don't be surprised if deal is three years, approx $27M per season
Josh Lewenberg: Raptors continue to progress towards deals with Lowry and Ibaka, per Woj, but neither is imminent. Raps are still considering going "young"
Michael Grange: Most recent word is Raptors are confident Ibaka and Lowry will get done; facing competition for Tucker.
David Aldridge: Meanwhile, Raptors continue plugging away at potential deal to keep Kyle Lowry in fold. Met with his agent late into night.
Michael Gallagher: Woj on ESPN: Kyle Lowry's agent has talked to Masai Ujiri a couple times tonight. No deal imminent.
Alex Kennedy: With the Eastern Conference seemingly getting weaker, rival executives currently believe Toronto may re-sign Kyle Lowry and Serge Ibaka.
Leo Beas: Per sources, The Sacramento Kings are very interested in signing Kyle Lowry as free agency approaches. It would require a max contract.
Alex Kennedy: Add the Mavericks to the list of teams pursuing Kyle Lowry, per source. Lowry would help Dallas compete now and he'd mentor Dennis Smith Jr.
Butler was already “in the ear” of Kyle Lowry about joining him in Chicago, and—according to SiriusXM’s Mitch Lawrence—Butler is continuing to recruit Lowry to the Timberwolves. “[Butler] has talked to Kyle Lowry through their Team USA association about coming to Chicago. “Now I heard he’s working on him about coming to Minnesota.”
DeMar DeRozan has made it clear that he won't try to influence the free-agency decision of friend and All-Star backcourt mate, Kyle Lowry, but the All-NBA shooting guard does have one request for Lowry - just give him a heads up first. "As long as he tells me, and I don't have to read it, I'm completely fine with it," DeRozan told theScore on Wednesday, when asked how he'd react to the worst-case scenario of Lowry departing Toronto. "If he comes to me as a man and tells me it's time to move on, I'll respect it. It's just the choices in life we have to deal with. You're kind of more accepting when somebody close to you like that tells you before they do something, so you're not surprised just like everybody else. As a friend - me calling myself his friend - I have to just respect it."
That said, the Raptors don’t want to use more resources than required. They have sent signals in the past that they are reluctant to offer a guaranteed fifth year to a point guard who will turn 32 next season and would prefer to avoid a fully-vested fourth year. “It’s a smart move,” said one player agent. “It means they don’t have to bid against themselves.” “Maybe he gets out there and finds out there’s not a better deal for him,” says another.
One Western Conference executive thought Lowry could get four years and $100 million. Another agent felt confident would get $30-million a year. The catch? Both thought the deals would be from another team. “I’ve heard he wants out, like, yesterday,” said the executive. “From an agent and a player.” Said the agent: “I just heard from a team that they think they are going to get him.”
I’ll sneak in one Raptors question while we’re on the subject. With Kyle Lowry going into free agency, will you recruit him? DeMar DeRozan: Last go around when he was up for free agency, I never once called him and said what he should do. He’d tell you himself. I’ll take the same approach. At the end of the day, he has to make the right decision for himself and his family. No matter how close we are, I never fool with that part of it. When you have a family and that dynamic comes into play, you have to do what’s best for you. He has to be able to live with whatever decision he makes, and as a friend I just have to support him.
Josh Lewenberg: DeRozan was on @TSN1040, reiterated he's trying not to get involved with or influence Lowry's decision. "We'll all know in a week & a half"
The Houston Rockets are aggressively trying to make trades in conjunction with Thursday's NBA draft to create the needed financial flexibility this summer to pursue a marquee free agent, according to league sources. Sources told ESPN on Wednesday that the Rockets have at least four top-tier free agents in their summer sights: Atlanta's Paul Millsap, Toronto's Kyle Lowry and the LA Clippers duo of Chris Paul and Blake Griffin.
"He's been a part of our organization, and he says he wants to come back," Ujiri told the media Tuesday morning. "I know, speculation ... with the article. We all have ups and downs. There are times when he's been down, and there are times when we are down. It happens to every team, every player. People go through it. "I know what Kyle has told me. Kyle has been here working out - he actually just left - so I know what he has been telling me. I can only believe what he tells me, not the famous 'sources.'"
"He's been a part of our organization, and he says he wants to come back," Ujiri said Tuesday morning. "I know, speculation ... with the article, we all have ups and downs, there are times when he's been down, and there are times when we are down. It happens to every team, every player. People go through it."
"I know what Kyle has told me," Ujiri said. "Kyle has been here working out, he actually just left, so I know what he has been telling me, I can only believe what he tells me, not the famous 'sources."'
Even if the organization did manage to make a deal for a big-time player, Kyle Lowry is a free agent, and multiple league sources say the all-star point guard has been grumbling about dissatisfaction with the Raptors for months. As of mid-May other teams were being told Lowry had “zero interest” in returning to Toronto, even if the Raptors offered a maximum five-year deal.
Philadelphia’s draft move means they can draft dynamic guard Markelle Fultz, which closes a door on the 76ers pursuing Lowry. Which, for the record, was always considered a bit of a fan dance by plugged-in NBA sources.
Marc Stein: Among the many questions post-trade: How does the Boston/Philly deal impact Kyle Lowry's July? The Sixers are obviously no longer an option.
Toronto Raptors soon-to-be free agent guard Kyle Lowry had a meeting with backcourt partner DeMar DeRozan and Raptors coach Dwane Casey this week in the Bay Area, league sources tell ESPN.
The main impetus for the Casey-led assembly is unclear, but the Raptors are obviously under pressure to re-sign Lowry, who is projected to be one of the most coveted free agents on this summer's market. Among Casey's objectives for the meeting, sources say, was to expose his players to the NBA Finals culture.
May 21, 2022 | 12:31 pm EDT Update
The Sixers could look to get off Matisse Thybulle’s contract to create some wiggle room under the luxury tax, which looms large over the team’s offseason, and one team with known interest, according to league sources, is Chicago. Bulls GM Marc Eversley has had a fondness for Thybulle going back to early in his collegiate career at Washington, and was instrumental in pushing the Sixers to acquire him in the 2019 draft.
The Magic landed the No. 1 pick in this year’s draft thanks to Tuesday’s lottery, and NBA sources say there is virtually no chance they’ll trade off the pick unless it is a package that includes one of the other top-3 picks, as the Celtics did in 2017, trading to No. 3 to take Jason Tatum. That option might be available for the Magic, even if they are unlikely to accept it. “Other than No. 1, I think just about every team is going to be willing to talk about their picks in this draft,” one executive told Heavy. That starts with No. 2 Oklahoma City and No. 3 Houston.
Nuggets president Tim Connelly is heading to Minnesota this weekend as the next step in the Timberwolves’ recruitment of him, a league source confirmed to The Denver Post. Connelly, who’s overseen the Nuggets since 2013, is planning to meet with Wolves owner Glen Taylor. ESPN first reported the development. With a stable organization, a reigning two-time MVP and a place where his family is comfortable, Connelly has no reason to leave the Nuggets. The only X-factor? Compensation. It’s believed the Timberwolves’ offer is more than double his current salary. Minnesota’s interest didn’t come out of nowhere. In fact, it was discussed when Connelly, team governor Josh Kroenke and coach Michael Malone all went to Serbia to surprise Nikola Jokic with his MVP trophy. News of Minnesota’s interest in poaching Connelly from Denver got out on Wednesday. Publicly, it’s been more than 48 hours since Denver’s ownership has had a chance to counter or ensure Connelly doesn’t even listen to Minnesota’s proposal. Privately, they’ve had far longer than that.
Denver Nuggets president of basketball operations Tim Connelly is traveling to meet with Minnesota Timberwolves owner Glen Taylor this weekend in the next step in the team’s pursuit to hire Connelly and make him one of the NBA’s highest-compensated executives, sources told ESPN. Connelly has discussed the job extensively with Timberwolves minority owners Marc Lore and Alex Rodriguez in the past week, and meeting with Taylor is next in the process, sources said.
Chris Hine: Connelly and Timberwolves inching closer to a deal. Marc Lore and Alex Rodriguez have had significant influence over the process, but Glen Taylor as current controlling owner still has the final sign off on any deal.
Mike Singer: News came out Wednesday night tying Tim to Minnesota. It didn’t come out of nowhere. There’d been interest for a while, & it was discussed while group was in Serbia. The #Nuggets & the Kroenkes have had ample time to address and/or counter. It doesn’t look like they’re going to.