Kyle Lowry, a free agent, has announced he will re-sign with the Toronto Raptors. The widely popular point guard agreed to a $100 million deal for 3 years. He chose to opt out of his final year contract with the Raptors in May, but ended up signing with them for another 3 years.
Lowry is one of many NBA stars who became a free agent and ended up signing for a huge amount of money. Before he re-signed, he had one year and $12 million remaining in his 4 year $48 million deal that was signed back in July 2014. His new deal clearly values him at the player he has become.
Lowry is a three-time All-Star who played at Villanova University, one of the top teams in the NCAA. The 31 year old, this past season, averaged 22.4 points, 7 assists, and 4.8 rebounds per game. However, his season turned out to be limited because of an injury to the right wrist that resulted in surgery and an ankle injury in the postseason, causing him to miss round 2, game 4 against the Cav’s.
Lowry’s decision to stay in Toronto was heavily based on the potential to win a championship, which he feels that rather sooner than later, is a definite possibility.