The Miami Heat are in talks with Kyle Lowry to sign a 3-year deal worth $39 million, according to ESPN’s Adrian Wojnarowski.
The raptors news is a report that Kyle Lowry will be signing with the Miami Heat.
Getty On February 5, 2021 in New York City, Kyle Lowry #7 of the Toronto Raptors celebrates his three-point shot in the fourth quarter against the Brooklyn Nets at Barclays Center.
It’s no secret that the Miami Heat have been hoping to sign Kyle Lowry of the Toronto Raptors for a long time, and their wait is now over.
Lowry to Miami was essentially a “done deal” hours before the free-agency period officially began on August 2nd, according to Yahoo! Sports’ Chris B. Haynes. Despite this, there remained skepticism that the deal would go through after the spectacular fake-out before the March 25 deadline.
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“Kyle Lowry is likely to sign a three-year contract with the Miami Heat through sign and trade with the Toronto Raptors, sources tell @YahooSports,” Yahoo’s Vincent Goodwill tweeted on August 2, and a new Big 3 in Miami was born minutes later.
The 35-year-old guard seems to be formally relocating to South Beach. His contract’s precise terms, such as how much money he would be paid, have yet to be revealed.
Lowry is still producing on the court, despite the fact that he is nearing the end of his career. Lowry averaged 17.2 points, 5.4 rebounds, and 7.6 assists per game in the 2020-21 NBA season.
Miami will send Goran Dragic, Precious Achiuwa, and a second-round pick in the future.
According to league sources, Kyle Lowry’s sign-and-trade agreement with Miami will include Goran Dragic, Precious Achiuwa, and a future second-round selection to Toronto.
— August 2, 2021, Miami Heat Beat (@miaheatbeat)
According to the Miami Heat Beat, the Raptors will get veteran Goran Dragic, promising young prospect Precious Achiuwa, and a potential second-round selection in exchange for Lowry.
After picking up Dragic’s team option ($19.4 million) and passing on forward Andre Iguodala’s $15 million option, the Heat now have all the pieces in place to sign Lowry.
Other clubs have removed Lowry off their want list, according to Bleacher Report, since his transfer to South Beach seems to be a done deal.
One Western Conference official told Bleacher Report’s Jake Fischer, “It’s so suggestive of a sign-and-trade approaching.” According to Fischer, “Dragic seems set to go to Toronto as part of such a deal, which sources across the league anticipate to include Precious Achiuwa.” “Competing CEOs believe that both Dragic and Achiuwa might be diverted somewhere in future trades.”
The Heat were free to sign Lowry and stay under NBA salary limit regulations after giving Toronto Dragic and Precious Achiuwa ($2.7 million).
On Twitter, Lowry confirmed the trade to Miami.
Just a half-hour after Yahoo! Sports reported on the agreement, Lowry confirmed it on Twitter. Lowry is clearly ecstatic to be joining the Miami Heat. On his Instagram stories, he shared the same message.
The guard is also expected to be ecstatic to be able to play with his closest buddy Jimmy Butler. While playing for Team USA in the 2016 Rio Olympics, the two grew close. Butler said earlier this year that Lowry will be his daughter’s godfather.
Butler has made it clear that he wants his closest friend to join him in Miami. Butler was asked to identify his favorite player to face during an interview with Lindsay Czarniak in April.
“Kyle Lowry,” Butler speculated. “It’s just because he’s one of my closest friends.” He is my daughter’s godfather. We’re constantly smiling and joking around, despite how competitive we are. I’d say something else, but then the NBA would look at it and say, ‘Oh my God, he’s tampering.’
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