Raptors, Kyle Lowry Agree To Massive One-Year Extension

Kyle Lowry Raptors

Kyle Lowry Raptors

The Toronto Raptors have agreed to a one-year, $31 million extension with guard Kyle Lowry, Adrian Wojnarowski of ESPN reports.

Raptors brass had reportedly been motivated to hammer out a deal with Lowry for months, but is this actually a smart signing?

The Raptors have yet to publicly comment on the reported contract extension.

The final year of Lowry's current contract, which was initially signed in the summer of 2017, will pay Lowry $33.6 million. "Once again, they displayed how they look after their players in a first-class manner, especially someone like Kyle who they recognize has such a legacy with the franchise".

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Because of his status as an expiring deal, and his age, there was much speculation about Lowry's future with the Raptors and now it would appear it's extending for at least one more season.

Lowry becomes the first player older than 33 to get an extension that includes a first-year salary-cap hit north of $30 million.

Lowry, who came to the Raptors in a trade with the Houston Rockets in 2012, was one of the key players on Toronto's run to its first National Basketball Association title previous year. In those seven seasons with Toronto he's averaged 17.4 points, 7.1 assists and 4.9 rebounds while shooting 37.8 per cent from three-point range, becoming a five-time all-star in the process.

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