Adrian Wojnarowski and Zach Lowe recently broke down why the Toronto Raptors decided to extend Kyle Lowry’s contract for another year and $31 million. They explained this move was aimed to make his contract more easily tradable.
The point guard was already due to make $33 million this season, but that extra year and $31 million could give a championship-aspiring team the serenity that they can retain Lowry for another season.
“A lot of the reason Toronto signed him to the deal (is) he is easier to trade under contract for next year at $31 million,” said Wojnarowski during a TV special.
“Absolutely,” replied Lowe. “At the trade deadline, there could be an exodus from their championship core.”
Both ESPN insiders noted that some teams are interested in trading for Lowry, including the Miami Heat, Detroit Pistons, Minnesota Timberwolves, and the LA Clippers. Lowry was one of three veteran players with expiring contracts before agreeing to an extension, along with big men Serge Ibaka and Marc Gasol.
Following the departure of Kawhi Leonard, the Raptors aren’t expected to have a similar run like the one they had last year, which is why they are studying ways to trade Lowry and disassemble the team while making Pascal Siakam the No. 1 scorer on the roster.