Raptors Acquire Kyle Lowry From Rockets

WEDNESDAY, 10:36am: The Raptors officially announced in a press release that they have acquired Kyle Lowry in exchange for Gary Forbes and a first-round pick.

THURSDAY, 2:38pm: The pick going to the Rockets will be top-three protected in 2013, top-two protected in 2014 and 2015, and top-one protected in 2016 and 2017, tweets Jerome Solomon of the Houston Chronicle. Solomon adds that if the pick isn't in the lottery, the Raptors will keep it until the next season. If the pick doesn't meet these criteria for five seasons, Toronto's 2018 first-rounder will be sent to Houston no matter where it lands.

1:41pm: The pick headed to Houston will be protected "both ways," says Jonathan Feigen (via Twitter). So the Rockets won't get it if it's too high in the lottery, but also won't be forced to take it if it's too low in the first round.

1:30pm: The Raptors and Rockets are working on something "innovative" involving the first-rounder headed to Houston, tweets Adrian Wojnarowski of Yahoo! Sports. My guess is that it could involve reverse protection — for instance, if the pick falls outside of the top 10, Toronto keeps it, and if it's in the top 10, it's sent to the Rockets. That's just my speculation though.

1:25pm: The Rockets will also acquire Gary Forbes in the deal, tweets Jonathan Feigen.

1:05pm: The Raptors have agreed to send a first-round pick to the Rockets for Kyle Lowry, according to ESPN.com's Chris Broussard (Twitter link). Jonathan Feigen of the Houston Chronicle reports that the first-rounder will likely be a lottery pick, and is part of a package (Twitter links).

After heading into the offseason with one affordable young point guard under contract and another one entering free agency, the Rockets have parted ways with both players. When Goran Dragic agreed to a contract with the Suns yesterday, it appeared Houston may hold on to Lowry, even though he had publicly expressed displeasure with his situation in Houston. But now the team has apparently turned its point guard focus to Jeremy Lin, who is expected to be re-signed by the Knicks.

For the Raptors, who missed out on Steve Nash, Lowry is a younger, more affordable alternative. The 26-year-old, who averaged 14.3 PPG, 6.6 APG, and 18.9 PER in 2011/12, is under contract for two more years for about $12MM total. As Zach Lowe of SI.com tweets, it's one of the more attractive non-rookie contracts in the NBA.

ESPN.com's Marc Stein (via Twitter) first reported that the two sides were "on the verge" of an agreement, after reporting yesterday that Toronto was still making a push for Lowry. Chad Ford of ESPN.com notes (via Twitter) that the Rockets tried to acquire the Raptors' 2012 first-rounder in a deal for Lowry, since they were targeting Andre Drummond or Austin Rivers. The pick in the trade figures to come in the 2013 draft, which will have a weaker class.

—–

Leave a Reply

26 Comments on "Raptors Acquire Kyle Lowry From Rockets"

Notify of
avatar

Sort by:   newest | oldest | most voted
go raptors
Guest
go raptors
4 years 2 months ago

ohhh baby what a steal

mike melusky
Guest
mike melusky
4 years 2 months ago

Wow awesome trade, Lowry is a legit star.

Connor Rosine
Guest
Connor Rosine
4 years 2 months ago

Fantastic recovery, Bryan.

rsa
Guest
rsa
4 years 2 months ago

Great deal for raptors

go raptors
Guest
go raptors
4 years 2 months ago

oh snap lowry, derozan, terrence ross, bargs, valanciunas, landry fields, thats a solid young core

Cory Taylor
Guest
Cory Taylor
4 years 2 months ago

Who the hell is going to play PG for houston?

go raptors
Guest
go raptors
4 years 2 months ago

go draft one with our pick LOLOLOLOLOLOLOL

dreamshake
Guest
dreamshake
4 years 2 months ago

fucking livingston… if we dont get lin

Beanscuz11
Guest
Beanscuz11
4 years 2 months ago

Lin

Cory Taylor
Guest
Cory Taylor
4 years 2 months ago

the knicks have to match the offer sheet. They have NOTHING behind lin right now

go raptors
Guest
go raptors
4 years 2 months ago

colangelo i love you!!!!!!!

Raptorfan
Guest
Raptorfan
4 years 2 months ago

This is a big F.U to Mitch Kupchak and Nash !

Ray
Guest
Ray
4 years 2 months ago

stupid rockets! I don’t get this. We shell out millions for an unproven center and are trying to shell out millions for a pg in Lin who had a decent run but is unproven. Can someone from the organization please come out of the woodwork and explain this logic!?!?

Dwan
Guest
Dwan
4 years 2 months ago

I don’t know what the Rockets are doing this offseason.

Cory Taylor
Guest
Cory Taylor
4 years 2 months ago

Lin is going to go back to the knicks. They have to match the contract

dreamshake
Guest
dreamshake
4 years 2 months ago

GARY FORBES? houston could have done so much better

CanadianBravesFan
Guest
CanadianBravesFan
4 years 2 months ago

I think the main thing here is the pick, but yea, as a Raps fan, I’m happy… and I won’t miss Forbes… he’s alright though

wpDiscuz

Get the hottest NBA news and rumors before anyone else! Follow us on Twitter to stay updated: