Kyle Lowry got his salary and president Masai Ujiri got his term as the Toronto Raptors re-acquired their free agent All-Star point guard on a three-year $100 million deal.
Source: Kyle Lowry and Toronto Raptors have agreed to a 3-year, $100 million deal.
— Michael Scotto (@MikeAScotto) July 2, 2017
It’s more money per year than most analysts were expecting Lowry could command, but it only commits Toronto to Lowry until age 34 when he should still be still playing his best basketball. A compromise to be sure that matches the contract terms of DeMar DeRozan (player option) and Serge Ibaka.
Lowry is known to have been unhappy about no 4th year. But after projections had annual salary around $27 mil, 3 yrs/$100 mil got it done.
— Sam Amick (@sam_amick) July 2, 2017
Ensuring no one had any doubt after the fact that Toronto was where he wanted to be, Lowry posted “Home” on The Players Tribune.
— Kyle Lowry (@Klow7) July 2, 2017
When I had to make my free-agency decision, there was a lot going through my head, a lot of roads my mind was traveling down. Family, first and foremost, and what’s going to make them happy, and give them the best life. Basketball, of course, and where I’d like to play for these next several years. And then there was also the gut-check aspect — just what I was feeling in my heart.
But for me, at the end of the day, this was an easy decision. And all of those roads … they all led me back to the same place: home.
They all led me back to Toronto.
The ability to re-sign All-Star DeMar DeRozan last summer and All-Star Kyle Lowry this summer is something Raptors would have been hard pressed to even imagine before the Masai Ujiri era started in Toronto.
Add in Serge Ibaka agreeing to re-up for another three years and there is almost a semblance of hope that this organization will not slide back into another long dark stretch as an NBA Lottery team with little hope every time a key free agent has the option to leave.
Ujiri can get good players to re-up in Toronto and he can do it on reasonable terms. Now if only he could get his corporate masters at MLSE to open the vault and let him spend the kind of money that needs to be committed to have more than a ghost of a chance at reaching the NBA Finals. But, maybe, one thing at a time.