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Kyle Lowry

Atlantic Notes: Lowry, Randle, Smith Jr., Dinwiddie

October 14th, 2019 at 8:04pm CST by Dana Gauruder

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.
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Raptors’ Kyle Lowry Signs One-Year Extension

October 14th, 2019 at 4:46pm CST by Luke Adams

OCTOBER 14: The signing is official, per the NBA.com transacations log.

OCTOBER 7: The 2019/20 season won’t be a contract year for Kyle Lowry after all, according to ESPN’s Adrian Wojnarowski, who hears from agent Mark Bartelstein that the Raptors and their starting point guard have agreed to a one-year contract extension worth $31MM.

The extension will lock up Lowry through the 2020/21 season, putting him on track for unrestricted free agency in the summer of 2021 and taking another top player off the 2020 market. As a result of the deal, Lowry will no longer be part of the group of Raptors who enter the season on pricey expiring contracts, though Marc Gasol, Serge Ibaka, and Fred VanVleet still fit that bill.

Lowry publicly expressed his desire for an extension in early August at Team USA’s pre-World Cup camp, and according to Wojnarowski, the Raptors’ brass – including president of basketball operations Masai Ujiri and GM Bobby Webster – has been motivated for months to get a deal done. The new extension should be a win-win for the two sides — Lowry gets one last big payday, while Toronto retains its cap flexibility for the ’21 offseason, when several stars are projected to reach free agency.

“We are so appreciative of how Masai and Bobby handled every aspect of this negotiation,” Bartelstein told Wojnarowski. “Once again, they displayed how they look after their players in a first-class manner, especially someone like Kyle who they recognize has such a legacy with the franchise.”

Lowry, who has made the Eastern Conference All-Star team for five consecutive seasons, scored a modest 14.2 PPG in 2018/19, but averaged a career-high 8.7 APG and had some big games during the Raptors’ championship run. In addition to doing the little things on defense (he led all players in the postseason in charges drawn and loose balls recovered), the 33-year-old also memorably opened Game 6 of the NBA Finals by scoring Toronto’s first 11 points.

While Lowry’s cap charge for 2019/20 is about $35MM, he may not actually earn quite that much, since he has $1.7MM in likely bonuses tied to individual and team accomplishments. If the Raptors don’t make the Eastern Conference Finals and Lowry doesn’t earn a spot on the All-Star team, his cap hit would be reduced to approximately $33.3MM at season’s end.

Lowry will still have the opportunity to earn some or all of those incentives in the newly-added year of his contract, according to ESPN’s Bobby Marks, who notes (via Twitter) that the usual six-month trade restriction won’t apply to the veteran. Lowry’s new deal doesn’t exceed the limits of an extend-and-trade, since it’s just for one year and doesn’t feature a raise. Still, unless things really go south in Toronto this season, it seems unlikely the Raptors will consider trading the Villanova alum within the next six months.

As for the effect of Lowry’s new deal on Toronto’s 2020 cap space, the club still has a good amount of flexibility, though a lucrative extension for Pascal Siakam by the October 21 deadline would all but eliminate that flexibility. Guaranteed 2020/21 salaries for Norman Powell, OG Anunoby, Patrick McCaw, and Lowry add up to approximately $50MM, with cap holds for Siakam and VanVleet pushing that number up to about $75MM. The NBA’s latest projection calls for a $116MM cap in ’20/21.

Photo courtesy of USA Today Sports Images.

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Woj’s Latest: Beal, CP3, Lowry, Iguodala, Siakam

October 11th, 2019 at 1:07pm CST by Luke Adams

In a televised preseason special on Thursday night (audio link), ESPN’s Adrian Wojnarowski and Zach Lowe identified Bradley Beal as a player worth watching closely this season. Beal looks like the most obvious candidate of the NBA’s stars to become disgruntled and push for a trade during the 2019/20 season. However, as Wojnarowski notes, that hasn’t happened yet, and the Wizards are still all-in on trying to retain their All-Star guard.

“Bradley Beal’s got two years left on his deal and the Wizards have not given up hope of signing him to an extension,” Wojnarowski said. “They’ve had a three-year, $111MM-or-so extension on the table for him to take in any form. Does he want two years, three years? Any form he wants, it is there waiting for him. So they are nowhere near the idea of moving Bradley Beal. They want to continue to try to rebuild around him.”

[RELATED: Why Bradley Beal won’t immediately accept Wizards’ extension offer]

As Woj and Lowe point out, a weak 2020 free agent class would make Beal an especially valuable trade chip if the Wizards’ stance changes, but there’s no indication that will happen anytime soon.

“Bradley Beal, if he got on the market, would bring back an absolute ransom because if you want to improve your team in a dramatic way, he’d be the guy,” Woj said. “But Washington’s not doing that. They still want to re-sign him.”

Here are a few more highlights from ESPN’s special featuring two of the network’s top basketball reporters:

  • The Thunder‘s plan when they acquired Chris Paul from Houston was to flip him to another team, according to Wojnarowski, who says OKC had hoped the Heat would be more open to making a deal. “He’s going to have to play really well in Oklahoma City for somebody to want to take on three years, $124MM [and] pay him $44MM in the final year of his contract,” Woj said of CP3. “That’s a really difficult proposition. … He has value in the league, but not at those numbers.”
  • Woj and Lowe think Raptors guard Kyle Lowry would generate a lot of interest on the trade market if Toronto becomes open to moving him. Both ESPN experts believe that Lowry’s one-year, $31MM extension actually makes him more appealing as a trade chip, since he wouldn’t be just a half-season rental. Lowe speculates that teams like the Heat, Pistons, and Clippers might have interest, while Woj singles out the Timberwolves as another potential fit.
  • According to Wojnarowski, both the Grizzlies and Andre Iguodala are willing to be patient when it comes to a potential trade or buyout. Woj likens Iguodala to MLB pitcher Roger Clemens, who often signed late in the season during the final few years of his career. “Iguodala’s fine with seeing what the landscape looks like and then jumping in on the season a little later,” Woj said. “Because you’re signing Andre Iguodala – or trading for him – for the postseason.” Woj added that the Lakers and Clippers would be the favorites to land the former Finals MVP if he’s bought out.
  • In a discussion on this year’s extension candidates (video link), Wojnarowski suggests that Raptors forward Pascal Siakam would be a lock for a maximum-salary offer sheet if he reaches restricted free agency next summer. Woj believes Kings sharpshooter Buddy Hield would get a similar offer and that Jaylen Brown (Celtics) and Domantas Sabonis (Pacers) would do very well too, given the lack of veteran stars expected to hit the free agent market.
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Raptors Notes: Lowry, Brissett, Miller, McCaw

October 8th, 2019 at 11:24am CST by Luke Adams

A one-year contract extension for Kyle Lowry was always the outcome that made the most sense for the Raptors, according to Blake Murphy of The Athletic, who points out that Lowry’s new deal leaves the team’s cap sheet relatively clean for the 2021 offseason, which is expected to feature a star-studded class of free agents.

Toronto’s new agreement with Lowry also signals that – as expected – the club has no immediate plans to tear down its core and launch a full-fledged rebuild following Kawhi Leonard‘s departure. As Murphy writes, exhibiting the ability to remain competitive without a superstar player has worked out well for teams like the Nets and Clippers in recent years — both those franchises made huge free agent splashes this summer in part because they’d built solid cores for their newly-signed stars to complement.

With Marc Gasol, Serge Ibaka, and Fred VanVleet among the Raptors veterans still unsigned beyond 2019/20, Lowry’s short-term extension is just one part of the puzzle for the franchise. Still, it provides a strong hint that president of basketball operations Masai Ujiri wants to maintain a winning culture as Toronto begins a new era.

Here’s more on the Raptors:

  • Danny Leroux of The Athletic and Dan Devine of The Ringer both make the case that Lowry’s one-year extension is a win-win for both the team and the veteran point guard.
  • Oshae Brissett and Malcolm Miller were among the players who looked good in the Raptors’ preseason win over Houston in Tokyo this morning, writes Blake Murphy of The Athletic. Murphy believes Brissett is a favorite to claim one of Toronto’s open two-way contract slots. Miller, who isn’t eligible for a two-way deal, will have a trickier path to a spot on the regular season roster, unless the Raptors decide they’re comfortable with Patrick McCaw and Terence Davis as third point guards and opt not to hang onto Cameron Payne or Isaiah Taylor.
  • Over the weekend, Doug Smith of The Toronto Star suggested that McCaw – who signed a two-year, $8MM contract with the Raptors this summer – is among those in the running for a spot in the starting lineup. However, Murphy notes that the ex-Warrior still didn’t look aggressive or especially comfortable on the offensive end in today’s game, playing 21 minutes without taking a single field goal attempt.
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Atlantic Notes: Lowry, Brown, Dinwiddie, Prince

October 6th, 2019 at 4:02pm CST by clarkcrum

Ryan Wolstat of the Toronto Sun writes that while Raptors point guard Kyle Lowry has now spent seven full seasons in Toronto and helped the team bring home its first championship last season, the 33-year-old’s future after this season is up in the air.

Lowry will turn 34 in March, which means that Father Time will be creeping in to add some slippage sooner rather than later. Wolstat suggests that Chauncey Billups is a decent comparable to Lowry and that Billups, also a five-time All-Star, made his last All-Star appearance at age 33.

The Raptors need to add some young talent around Pascal Siakam, and Fred VanVleet, eight years Lowry’s junior, also will be looking for a new, more lucrative deal with the Raptors this summer.

There’s more from the Atlantic Division:

  • A. Sherrod Blakely of NBC Sports Boston reports that Celtics guard Jaylen Brown is looking to hire an agent for the first time in his NBA career to represent him in negotiations with Boston on what Brown hopes will be a long-term deal that’ll keep him with the Celtics.
  • Nets point guard Spencer Dinwiddie sent out an interesting tweet in response to the NBA’s latest take on his plan to convert his contract into a digital investment vehicle. Per Marc Stein of The New York Times, an NBA spokesperson says Dinwiddie’s arrangement “remains prohibited by the CBA,” to which Dinwiddie replied, “This won’t end well lol.”
  • Nets forward Taurean Prince is making a case for a rookie-scale extension, especially with his preseason performance against SESI France Basquete, writes Brian Lewis of the New York Post. Prince, who has been praised all summer by teammates, led the team with 22 points. “It’s just proof that the work I’ve put in and that the coaches have put in and the things we’ve been doing as a team have been working. I’m glad we’ve been able to transfer it over to the game.”
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Raptors Notes: Ujiri, Camp Battles, T. Davis, Lowry

October 4th, 2019 at 2:28pm CST by Luke Adams

Raptors president of basketball operations Masai Ujiri reportedly drew interest from the Wizards this spring when Washington was in the market for a new head of basketball operations, and will likely continue to be targeted by teams making front office changes.

However, speaking to Frank Isola of The Athletic last weekend about his job status, Ujiri made it clear he intends to remain in Toronto at least through the end of his current contract in 2021, if not longer.

“The most important thing is that when you sign a contract you’re obligated to serve it,” Ujiri said. “I signed the contract and I have time left on that contract and I will serve the time. This place has been unbelievable to me. It’s been just a blessing.”

Here’s more on the Raptors:

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Eastern Notes: Isaac, Giannis, Nets, Heat, Lowry

September 30th, 2019 at 10:08am CST by Luke Adams

Magic forward Jonathan Isaac gets lead billing this year in Zach Lowe’s annual ESPN.com column on his six most intriguing players of the upcoming season. As Lowe details, Isaac has put on about 15-20 pounds this offseason as he looks to bulk up his thin frame a little, and the team has high hopes for him going forward, particularly on the defensive end.

According to Lowe, it’s “hard to overstate” how much Orlando loves Isaac. In fact, sources tell Lowe that the Magic have “batted away” any and all trade inquiries on the former No. 6 overall pick. The front office views Isaac as a standard-bearer for the culture that the team is trying to create, Lowe adds.

As we look forward to seeing whether a breakout year is coming for Isaac, here’s more from around the Eastern Conference:

  • In an in-depth story for ESPN.com, Tim Bontemps examines the two possible long-term paths for the Bucks and Giannis Antetokounmpo, who will be eligible for a super-max contract extension next summer. Antetokounmpo’s decision on whether to re-up with the Bucks or explore other options will have a massive impact not just on basketball in Milwaukee but on the entire NBA.
  • The role of Nets head coach Kenny Atkinson in the team’s successful foray into free agency this summer shouldn’t be overlooked, according to Brian Lewis of The New York Post, who points out that both Kyrie Irving and Kevin Durant praised Atkinson in their initial comments to the media last week.
  • Barry Jackson of The Miami Herald offers a pair of hypothetical trade scenarios that could see the Heat add Chris Paul and Bradley Beal to their roster. Although Jackson’s suggestions would certainly appeal to Miami, there has been no indication that the Wizards will move Beal or that the Thunder will meet the Heat’s demands in a CP3 trade.
  • While Kyle Lowry, Pascal Siakam, and Marc Gasol figure to be mainstays in the Raptors‘ starting lineups, head coach Nick Nurse may shuffle through players for the other two spots, as Josh Lewenberg of TSN.ca tweets. Meanwhile, Michael Grange of Sportsnet.ca explores whether it makes sense for the Raptors and Lowry to work out an extension sooner rather than later.
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Wolves Notes: Saunders, Teague, Free Agents, Towns

September 29th, 2019 at 10:25am CST by Arthur Hill

While the Timberwolves would like to return to the playoffs this season, the focus will be on building long-term success, head coach Ryan Saunders tells Chris Hine of The Star Tribune. Last year’s 36-46 disappointment began with a chaotic training camp that opened amid a trade demand from Jimmy Butler and a public war with ownership and coach Tom Thibodeau. Saunders, who took over the team at midseason, says the road toward rebuilding will start with a much calmer camp.

“I think you need to look at it in different scopes and see where you are at certain points of the season,” he said. “We’re not looking to just get into the playoffs for one year. That’s not our goal. And we understand that. So with that, you want to make sure you’re building for sustainable success. You want to make sure you’re doing the right things each day.”

There’s more from Minnesota:

  • This will be a pivotal season for Jeff Teague after he opted in for another year at $19MM, writes Britt Robson of The Athletic. Teague was a favorite of Thibodeau, who saw the point guard as a stabilizing presence on a team of veterans. However, he’s coming off the worst season of his 10-year career and doesn’t seem to be in the plans for the new management team, which tried to sign D’Angelo Russell in free agency and wanted to land Darius Garland in the draft. Teague hopes to be healthier after missing 40 games last season with a variety of injuries and undergoing ankle surgery in April.
  • The Wolves will have limited options to find a point guard on the free agent market next summer, observes Jon Krawczynski of The Athletic. Kyle Lowry will be the top name on the list, but he’ll be 34 and won’t fit in with the team’s youth movement. Dejounte Murray could be a restricted free agent if he doesn’t reach an extension with the Spurs, but San Antonio is likely to match any offer sheet. Fred VanVleet could be available, but the Wolves would face a competitive market for him. Krawczynski adds that Minnesota may take another shot at Russell, trying to swing a deal with the Warriors in February if Klay Thompson is close to returning to action.
  • In a separate story, Krawczynski examines the questions surrounding every player on the Wolves’ roster heading into camp, including the importance of Karl-Anthony Towns becoming the team leader, whether Andrew Wiggins can fix his game and what newcomers Jake Layman, Shabazz Napier, Noah Vonleh and Jordan Bell will bring.
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Raptors Notes: Siakam, Lowry, Anunoby

September 28th, 2019 at 8:32pm CST by Luke Adams

A report this week indicated that the Raptors and Pascal Siakam‘s representatives have engaged in preliminary discussions about a potential rookie scale contract extension. Speaking today to reporters, president of basketball operations Masai Ujiri confirmed that there have been conversations between the two sides and expressed no doubt that a deal will get done either by the October 21 deadline or during the 2020 offseason, when Siakam would be a restricted free agent.

“We’ve had conversations with Pascal’s representation,” Ujiri said (video link via Sportsnet.ca). “We’re excited. Whether it’s going to be this fall or whether it’s going to be in the summer, he’s somebody we’re definitely going to keep for a long time here.”

It remains to be seen what sort of price the Raptors will have to pay to lock up Siakam long-term, or whether they’ll end up waiting until the summer of 2020. The NBA’s reigning Most Improved Player said that he’ll leave the negotiations up to his agents, but he’s looking forward to being a Raptor for the foreseeable future.

“I love Toronto,” Siakam told Josh Lewenberg of TSN.ca (Twitter link). “I love being here and I’m definitely hopeful we can get it done.”

Here’s more out of Toronto:

  • Siakam isn’t the only extension candidate in Toronto. Kyle Lowry confirmed at Media Day that his people have talked to the Raptors about a new deal, adding that he’s not worried about his upcoming free agency, tweets Eric Koreen of The Athletic. The veteran point guard said his contract situation is an “ongoing conversation,” tweets Blake Murphy of The Athletic.
  • As Murphy writes in his full round-up of Raptors Media Day, Ujiri admitted that the team will likely treat Lowry’s upcoming free agency a little differently than it would for other veterans on expiring contracts, given his legacy status with the franchise. Murphy suggests “it sure sounds like” Toronto wants to retain Lowry beyond 2019/20.
  • Serge Ibaka said that he gave Kawhi Leonard space to go through free agency without trying to influence his decision, tweets Lewenberg. “After he made his decision, we spoke on the phone,” Ibaka said. “I said, ‘You know what bro, I’m a little sad you’re leaving us, it’s disappointing as a friend, but I’m happy for you.'”
  • OG Anunoby, who received praise from Ujiri and head coach Nick Nurse today, isn’t lacking any confidence in the Raptors’ ceiling even with Kawhi no longer on the roster, as Ryan Wolstat of The Toronto Sun tweets. “I think we’re gonna repeat,” Anunoby said. “We have a really good team and we believe in ourselves, and that’s all that matters.”
  • Some of Anunoby’s teammates expressed their confidence a little more cautiously. “I think it’s a very hungry team,” Marc Gasol said, per Lewenberg. “We all understand what Kawhi meant to the team and how well he played in the playoffs. But we also understand how good we can be as a team. So we are going to invest everything needed to be that team.”
  • Anunoby also said that he didn’t get his energy back until mid-July after undergoing an appendectomy last spring and said that winning the starting small forward job will be a priority for him this fall (Twitter links via Lewenberg).
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Raptors Rumors: Siakam, Lowry, Gasol, Ibaka

September 27th, 2019 at 10:25am CST by Luke Adams

The Raptors have engaged in “preliminary” discussions with Pascal Siakam‘s representatives about a potential contract extension, sources tell Josh Lewenberg of TSN.ca. Lewenberg cautions that there’s no indication a deal is imminent.

Siakam, who is entering the fourth and final year of his rookie scale contract, is eligible to sign a new deal up until 5:00pm CT on October 21, the day before the regular season begins. If he and the Raptors don’t reach an agreement by that point, he’d be on track for restricted free agency next summer.

After a breakout year in which he earned the NBA’s Most Improved Player award – and helped Toronto win its first championship – Siakam and his camp figure to be seeking a deal worth the max or close to it, Lewenberg notes. Based on the league’s latest cap projections, a four-year, maximum-salary contract for Siakam would be worth just shy of $130MM, while a five-year max would be worth $168.2MM.

With a pretty clean cap sheet for the 2020/21 season, the Raptors can afford such an investment and figure to pull the trigger at some point. However, it remains to be seen whether the two sides will strike a deal in the coming weeks, and exactly how much it’d be worth.

Here’s more on the defending NBA champions:

  • Although Kyle Lowry, Marc Gasol, and Serge Ibaka have expiring contracts that could make them intriguing trade chips, league sources tell Sean Deveney of Heavy.com that the Raptors are happy with their situation and aren’t entertaining trade inquiries on those veterans.
  • One source with knowledge of the team’s thinking tells Deveney that the Raptors want to return to the postseason this spring, in part to sell the club to potential free agent targets. “This is where they always wanted to be,” that source said. “[President of basketball operations] Masai [Ujiri] was always going to rebuild things around Siakam and OG (Anunoby) and the other young guys eventually. He’s going to have a ton of cap space. But he’s got to be able to get free agents to go there and it’s still a tough sell, getting guys to go to Canada. So they’ve got the ring, if they can get to the playoffs again, he has something more to sell when that cap space comes available.”
  • In a separate article for TSN.ca, Lewenberg examines whether Anunoby is primed for a breakout season, explores what Toronto’s roster and rotation might look like, and touches on a handful of other Raptors-related topics.
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