Raptors Sign Kyle Lowry to a 1-Year, $33 Million Extension

Kyle Lowry with the Toronto Raptors in 2016
Kyle Lowry with the Toronto Raptors in 2016. Photo by Canadian Press/REX/Shutterstock (7566510g)

Toronto Raptors’ point guard Kyle Lowry won’t be a part of the 2020 free agent class after all. ESPN’s Adrian Wojnarowski reports that Lowry received a one-year extension from the Raptors, which now keeps him under contract until the summer of 2021.

Lowry’s agent Mark Bartelstein confirmed on Monday that his client has a new deal in place. The extension is reportedly worth $33 million.

Talkin to ESPN, Bartelstein was especially appreciative of Raptors’ president Masai Ujiri and general manager Bobby Webster’s willingness to get the deal done.

“We are so appreciative of how Masai and Bobby handled every aspect of this negotiation,” – said Bartelstein. “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.”

Kyle Lowry’s representatives and Raptors’ front office have been working on the extension for several months now. Both sides wanted to get the deal done before the start of the season, and ensure that the 33-year old All Star remains with the organization which he helped won their first NBA title last season.

Lowry joined the Raptors from Houston Rockets in 2012. He managed to establish himself as one of the team’s key players since then, and has been Toronto’s leader on and off the court. During his time with the organization, he managed to make five All-Star appearances.

Lowry averaged 14.2 points, 4.8 rebounds and 8.7 assists per game past season. He added 15.0 points, 4.9 rebounds and 6.6 assists in the postseason.

Jasmin can write about almost everything expect about himself. All you need to know is that he likes music, Nutella stuffed pancakes and sleeping till noon on Sundays.