Raptors Lowry looking for at least two-year extension and $ 50 million if traded

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Raptors Lowry looking for at least two-year extension and $ 50 million if traded


As the March 25 NBA trade deadline draws near and the Toronto Raptors continue to slip away more and more of a playoff spot, the future of franchise icon Kyle Lowry remains. uncertain.
Lowry, who turns 35 this week, is set to become an unrestricted free agent this summer after his current one-year, $ 30 million contract expires. However, according to a new report by Keith Pompey from The Philadelphia Inquirer, Lowry is willing to skip a free agency and stay with the team that acquires him beyond this season – for the right price.

“The Sixers and Miami Heat are in talks with the Toronto Raptors to acquire the six-time all-star playmaker in a trade,” Pompey wrote. “However, Lowry, 34, wants an indication that a potential destination is willing to give him a minimum two-year extension of $ 25 million per year, according to sources. ”

Any team that acquires Lowry on the trade deadline also acquires their bird rights, which would allow a team to exceed the salary cap when re-signing and allow for a more lucrative offer.

But while the Raptors are reportedly discussing Lowry and Norman Powell’s trades on multiple fronts, according to ESPN’s Adrian Wojnarowski, the talks are expected to last until Wednesday and even Thursday, as the Heat and 76ers have shown restraint over how far they will go. make a deal.

In addition to Lowry and Powell, the 76ers have reportedly shown interest in Lonzo Ball and George Hill, Wojnarowski added.

Shams Charania de Athletic echoed reports of the 76ers and Heat being top possible destinations for Lowry in an appearance on Good show Mardi.

“The two leading teams, Philadelphia and Miami, from what I’m told, they’ve made offers. But at the moment, neither is strong enough, nor is it really attractive to Toronto, ”said Charania. ” [The Raptors] made it clear that unless there is an offer that wows them, it is by their standards a crazy offer … to move a guy like [Lowry] it will take a big offer, and so for them it’s pretty much, at the deadline, do they accept the best offer available if it meets most of the criteria they have? Or, do they let it end organically in the second half of the season? ”

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