Sources: Kyle Lowry re-signs with Raptors on 3-year, $100M deal
Free agent goalie Kyle Lowry, announced he was returning to the Toronto Raptors.
The two sides agreed a three-year period 100 million dollars, sources said on ESPN.
“At the end of the day, it was an easy decision,” Lowry said in a Tribune play. “And all these forms … all of them took me to the same place: home.
“They all took me to Toronto.”
Assistant agent Serge Ibaka left Toronto after agreeing to a three-year, $ 65 million contract with the Raptors, according to league sources Adrian Wojnarowski ESPN.
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Lowry left the last year of his contract with the Raptors in May. The three-time All-Star had one year and $ 12 million remaining in the four-year, $ 48 million contract he signed in July 2014.
After the season, Lowry told reporters that his main consideration in choosing to sign would be his ability to win a championship.
“I want a ring,” he said in May. “It’s what motivates me.I just want to improve my person, I want to have fun, I want to win a ring.I want to make sure my family is happy.That’s all I was thinking at the moment.”
In his post Sunday Lowry said he believes it is a championship in the future of the NBA Toronto.
“My heart tells me it’s the best city in the world with the best amateur basketball in the world,” Lowry wrote. “This tells me that the Raptors are a championship team, sooner rather than later.”
The Lowry deal now leads the Raptors in the luxury tax for the first time since the 2003-04 season.
Lowry, 31, had a career-best average of 22.4 points, 7.0 assists and 4.8 rebounds per game last season, but was limited to 60 games due to a wrist injury law requiring surgery in February. He also missed Game 4 of the second round series of the squad against the Cleveland Cavaliers with an ankle injury.
Lowry, a native of Philadelphia, has spent the past five seasons in Toronto after previous stops with Memphis and Houston.
Lowry garnered # 4 on the list of the best free agents available in the offseason compiled by Kevin Pelton ESPN.