Kyle Lowry‘s contract extension includes a base salary of $30MM that’s fully guaranteed, plus a $500K bonus if he makes the All-Star team, Bobby Marks of ESPN tweets. The Raptors guard officially signed his extension on Monday. Lowry will make approximately $35MM this season. He’s the first player 33 or older to sign an extension worth $30MM or more as a base salary.
We have more from the Atlantic Division:
- Julius Randle, who signed a lucrative three-year contract with the Knicks this summer, has All-Star aspirations, as he told Stefan Bondy of the New York Daily News. He’ll be looked upon as a go-to scorer and facilitator as a point forward in the offensive scheme. New York hasn’t had an All-Star since Carmelo Anthony, but Randle believes he can end that drought. “I just feel like situation and opportunity. Everything I’ve been through in the past, all the work I’ve put in in the past has prepared me for this opportunity now,” Randle said. “So it’s just a goal of mine. Eventually you feel like you have an opportunity. I feel like I do.”
- Knicks guard Dennis Smith Jr. wants to prove he’s a floor leader and not just a scorer, Steve Popper of Newsday writes. Smith is one of several players vying for the point guard job. “I got better at it,” Smith said. “What’s so funny is I don’t even know where the story came from that I’m trying to score all the time. I never got where that came from. I feel like this year we got some really good pieces around us for our team, some guys that can really score the ball, so I feel like it’s easy to set these guys up.”
- Nets guard Spencer Dinwiddie still plans to use his contract as an investment tool despite league objections, but he’s pushed back the launch date, as he detailed on his Twitter account. His original launch date was Monday but he’ll wait until opening night since he still hopes to form a partnership with the league and the NBA is preoccupied with the China controversy. “Having been on the ground in China, we are sensitive to what the NBA has been dealing with,” he said. Dinwiddie wants to enable investors to essentially buy shares of his three-year, $34.4MM contract.