Southwest Notes: Lowry, Louzada, Barea, Omoruyi

The Mavericks were runners-up to the Heat in the free agency competition for Kyle Lowry, according to Barry Jackson of The Miami Herald. A source tells Jackson that the Mavs were willing to pay what Lowry was seeking and he was intrigued by the possibility of playing in Dallas, but his first choice was to join Jimmy Butler in Miami. Lowry wound up getting $85MM over three years, and joined the Heat in a sign-and-trade.

The Pelicans were also interested in Lowry and were willing to offer $90MM or more for three seasons, Jackson adds. However, Jackson’s source says Lowry didn’t give strong consideration to New Orleans.

There’s more from the Southeast Division:

• The new four-year deal for Pelicans swingman Didi Louzada is valued at about $7.69MM, tweets Andrew Lopez of ESPN. The first two seasons are fully guaranteed and the final two are non-guaranteed. New Orleans held non-Bird rights on Louzada and his contract starts at 120% of the $1.489MM minimum, tweets Bobby Marks of ESPN. Marks notes that the Pelicans still have their entire $9.5MM mid-level exception available, along with a $17.1MM trade exception.
• Longtime Mavericks player J.J. Barea will return to the organization in some capacity, according to Brad Townsend of The Dallas Morning News (Twitter link). The exact role hasn’t been finalized for Barea, who spent 11 of his 14 NBA seasons with the Mavs. “I’m going to be involved, and I’m definitely excited,” said Barea, who served as an unofficial assistant coach in today’s Summer League game.
• Rookie forward Eugene Omoruyi talked to Townsend after signing a two-way contract with the Mavericks on Friday (video link).