Updates from Wednesday, July 2
Michael Grange of Sportsnet has the latest news on Lowry:
“The meeting with [Toronto] went well,” a source close to Lowry told Sportsnet via text late Tuesday night. “Kyle is contemplating his decision and should let us know shortly.”
According to league sources the Raptors are comfortable going to $11 million for four years. The real decision will be what they want to do with the fifth year — an enticement they are the only team in position to offer as Lowry is a returning free agent.
Undoubtedly Lowry is holding out for a full fifth year, pushing his deal to $55 million.
Similarly, the Raptors are quite likely hoping to keep the deal to four years, or a low-as-possible guarantee for a fifth year.
Grange also discussed the potential of a move back to Houston:
But landing him in Houston at the kind of money sources say he’s expecting — nothing less than $40 million over four years, even in income tax-friendly Texas — would likely require the Raptors to facilitate a sign-and-trade, a non-starter for the Raptors unless Lowry tells them he absolutely won’t play for them anymore, which is far from the case.
Updates from Tuesday, July 1
Chris Broussard of ESPN reports the latest on the potential of Kyle Lowry moving to Houston:
Adrian Wojnarowski of Yahoo Sports reported more on negotiations between Lowry and the Raptors:
Earlier, Wojnarowski reported on the first team that plans to meet with Kyle Lowry:
Another team is aggressively pursuing Lowry according to Wojnarowski:
On Tuesday night David Aldridge of NBA.com reported on what's next for Lowry after a busy day of visiting with multiple teams:
Updates from Monday, June 30
Brett Poirier of Sheridan Hoops reports that one team is finalizing a deal to sign Kyle Lowry:
Updates from Friday, June 27
Bleacher Report's Ric Bucher supplied a potential update on a Lowry-to-Miami sign and trade before retracting his report later in the evening:
With how loaded the NBA currently is at the point guard position, Kyle Lowry should be a coveted free-agent commodity this offseason.
On Thursday evening, in the midst of the draft, Bleacher Report's Ric Bucher has received word of an explosive potential development:
Yes, Lowry could opt not to return to the Toronto Raptors after leading them to an unlikely playoff berth last season, instead taking his talents to South Beach to join the Miami Heat. Then All-Star Chris Bosh would leave Miami and return to the Raptors, where he began his career.
What's even more bizarre is that this deal would make sense for both sides, though Dime Magazine's Josh Eberley notes that the Heat's lack of size sans Bosh is something to consider:
The Heat have a gaping hole at point guard. It was most glaring in the NBA Finals loss to the San Antonio Spurs, where Mario Chalmers and the platoon that spelled him were no match for the likes of Tony Parker and even Patty Mills.
Lowry could be that missing piece.
Presuming LeBron James and longtime Miami cornerstone Dwyane Wade return to Miami, Lowry would have an unprecedented shot at the Larry O'Brien Trophy. According to Basketball Insiders' Alex Kennedy, he's made no secret of his longing for such an opportunity:
I think the right situation is somewhere I'm winning and being happy, and honestly I want to play for a championship. 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.
This sign-and-trade scenario may be a bit trickier to sell on Miami's side, since ESPN's Andy Katz reports that it traded for the rights to Connecticut PG Shabazz Napier at the draft:
However, having two solid options at the position in Lowry and Napier would be better than what exists on the roster right now. It might even be enough for Heat president Pat Riley to bring back James and Wade.
Bosh reuniting with the Raptors would be a nice, sentimental story and also provide him the opportunity to be more than a third option.
When he asserts himself, the versatile Bosh is a dangerous scorer. Being in a situation where he's wanted as opposed to playing third fiddle would benefit Bosh as he moves toward the back end of his career.
Plus, Toronto already has a stellar, playmaking point guard in Greivis Vasquez, who is entering a contract year and will want to prove he's starter material.
Lowry isn't exactly expendable, but this would be a perfect way for the Raptors to get compensation for him. They have a big hole at the 4 position, which Bosh would readily fill as he looks to reassert himself as a franchise player.
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