Kyle Lowry has agreed to join the Miami Heat in a sign-and-trade agreement with the Toronto Raptors.
Lowry, 35, spent nine seasons in Toronto and won the NBA championship in 2019 but evaded a trade at the midseason deadline in February.
A six-time NBA All-Star, Lowry posted to Twitter on Tuesday afternoon: “MIAMI HEAT X KYLE LOWRY … LET’S GOO!!”
— Kyle Lowry (@Klow7) August 2, 2021
The Heat are expected to sign Lowry to a three-year deal, ESPN reported, in addition to signing All-Star Jimmy Butler to a four-year extension worth $172 million. Miami also agreed to a five-year, $90 million contract with sharpshooter Duncan Robinson, according to his agent — reportedly the largest contract ever signed by an undrafted player.
ESPN reported the Raptors would likely receive point guard Goran Dragic, 35, and forward Precious Achiuwa, 21, as part of the trade when deals can become official on August 6.
The Heat picked up Dragic’s option earlier this week, but is considered a buyout candidate.
–Field Level Media