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According to Yahoo Sports Kyle Lowry agreed to $48 million deal to stay with Raptors:
The deal has an early termination option allowing Lowry the opportunity to become a free agent after the third season.

Securing Lowry, a cornerstone of the Raptors revival, had been general manager Masai Ujiri's No. 1 priority in the offseason, and stands as a coup for a franchise that had struggled in years past to get frontline NBA players to commit long-term.

Lowry stands to become an even more popular and marketable figure in Toronto with his decision to return to the team.

Lowry, 28, had been a free agent target of several teams, including Miami and Houston. In his second full season in Toronto, Lowry had a borderline All-Star season, averaging 17.9 points, 7.4 assists and 4.7 rebounds per game. He led Toronto to the playoffs for the first time in five years, losing in a seven-game series to Brooklyn.


Although, it was probably far from financially feasible Lowry re-signing with the Raptors is another serious setback to the big 3 being back together in Miami as was the news that Chris Bosh is seeking a five year 90 million dollar deal.

Pat Riley has been able to work magic in the past but it looks more and more with every passing day that San Antonio's 4-1 dismantling of Miami in this year's playoffs is the last we've seen of the "Heatles."

Follow Clint on Twitter @ClintCorey

Clint Corey 7/03/2014 12:08:00 AM Edit
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