Kyle Lowry Rumors

And-Ones: Mudiay, Bosh, Lowry

July 31 at 10:31pm CDT By Cray Allred

Yannis Koutroupis of Basketball Insiders runs down many of the players returning to college next year who have first-round potential in the 2015 draft. Here’s more from around the association:

  • Highly touted 2015 draft prospect Emmanuel Mudiay will receive a $1.275MM salary from Guangdong of China, according to Pat Forde and Dan Wetzel of Yahoo! Sports. That’s a little bit more lucrative than the $1.2MM figure that was originally reported when he signed with the club.
  • Chris Bosh admitted he was close to leaving the Heat as a free agent when being interviewed by The Ticket 104.3 FM in Miami (transcription via ESPN.com). “It was close. I’m not going to lie,” Bosh said. “It was a weird situation because we were waiting so long [on LeBron James' decision] and I didn’t know what was going on. I think you’re always in a situation where it is close even if you don’t leave because teams got very aggressive on me.”
  • Jared Zwerling of Bleacher Report details Kyle Lowry‘s long and unexpected path to re-signing with the Raptors, who almost traded him in-season, then weren’t the favorites to bring him back as a free agent this summer. “[The Raptors] weren’t always the favorite, but [GM Masai Ujiri] wanted to get the deal done, and it made it a lot easier,” Lowry told Zwerling. “[Lowry's agent and I] approached it as a business and so did [Toronto]. At the end of the day, I didn’t wait for [the other teams]. I wanted to make my decision for myself.”

Chuck Myron contributed to this post.

And-Ones: Gasol, Knicks, Lakers, Marion

July 3 at 10:08pm CDT By Eddie Scarito

There won’t be a decision from Pau Gasol anytime soon as to where he will be signing, reports David Aldridge of NBA.com. This is despite the pleas and pitches he has received from Carmelo Anthony and numerous teams, notes Aldridge.

More from around the league:

Heat Rumors: Ariza, Deng, Stephenson, Morrow

July 3 at 4:21pm CDT By Chuck Myron

What happens with the Heat this summer will prove pivotal to teams around the league, and while LeBron James largely holds the keys, team president Pat Riley isn’t sitting idly as he attempts to improve the roster with the hope his star returns. Here’s the latest from South Beach:

  • The Heat are “extremely interested” in Trevor Ariza and Luol Deng, Bleacher Report’s Ethan Skolnick writes, adding that signing them would require both to tamp down their salary demands. Ariza’s camp has made it clear that he wants much more than $8MM a year, Skolnick hears.
  • Miami indeed inquired about the availability of Lance Stephenson, Skolnick adds in the same piece, confirming a report by ESPN’s Dan Le Batard, but they didn’t come close to matching the five-year, $44MM offer from the Pacers that the shooting guard reportedly turned down.
  • The Heat never made an offer to Kyle Lowry or Marcin Gortat, a source tells Ira Winderman of the Sun Sentinel, and Miami never made either a priority, as Skolnick writes in his piece. The Heat believe that agents have been overstating Miami’s interest in some players as a means of driving up the value of their clients, and they’re even more frustrated with the high price of some of the deals so far in free agency, Skolnick hears. They had interest in Jodie Meeks and Avery Bradley, but not for the money they received, as the Bleacher Report scribe adds.
  • The Heat never had a legitimate shot with mid-tier considerations like Lowry and Gortat anyway, according to Marc Stein of ESPN.com, who hears that they’re going after Anthony Morrow. The Thunder are also pursuing Morrow and the Magic had been, too, before they reached their deal with Ben Gordon, Stein adds (All Twitter links). The Heat have had Morrow on their radar for quite some time, Skolnick tweets.

Raptors Re-Sign Kyle Lowry

July 2 at 10:01pm CDT By Zach Links

JULY 10TH: Lowry has officially re-signed, the team announced via press release.

“We made it known that our top priority heading into the offseason was to re-sign Kyle,” GM Masai Ujiri said in the team’s statement. “He was a key to our success last season and we are delighted that he wants to be here in Toronto to help us continue to build a championship program.”

JULY 2ND: Kyle Lowry has agreed to a four-year, $48MM deal to stay with the Raptors, sources tell Adrian Wojnarowski of Yahoo Sports (on Twitter).  Lowry has been heavily courted by the Heat, Rockets, and others, but it appears that he’ll be staying put with the club that helped resurrect his career.  The deal includes a player option for the fourth year  (link).NBA: Playoffs-Brooklyn Nets at Toronto Raptors

It was expected that the Raptors would pitch Lowry on a deal with an average annual value of $12MM a year but the club was reportedly considering making it a five-year offer to help keep him away from other suitors.  For one reason or another, a fifth year wasn’t necessary and the Raptors got to keep their standout guard on a deal that is probably much more comfortable for them.  This is strictly speculative on my part, but the opt out clause after year three could have been the compromise that kept Lowry satisfied with four years rather than five.

The Andy Miller client had significant interest from an impressive group of teams including the Heat, Rockets, Lakers, and Mavericks but he’s slated to stay north of the border for at least the next three seasons.  It’s easy to see why.  After averaging 10.6 PPG and 5.0 APG for the first seven years of his career, Lowry blossomed into a star last year for Toronto, putting up 17.9 PPG and 7.4 APG.  The 28-year-old led Toronto to the Atlantic Division crown and although they were bounced by the sixth-seeded Nets in the first round, the Raptors organization reinvigorated Toronto’s basketball fans.

Photo courtesy of USA Today Sports Images.

Heat Telling Free Agents They Can Spend $12MM+

July 2 at 2:50pm CDT By Chuck Myron

WEDNESDAY, 2:50pm: Bosh is seeking a deal worth $16-18MM, a source tells Sam Amico of Fox Sports Ohio (Twitter link).

TUESDAY, 4:00pm: Agent Henry Thomas, who reps both Wade and Bosh, told TNT’s David Aldridge that the salary figures reported for his client are inaccurate (Twitter link).

3:28pm: Ken Berger of CBSSports.com and Ethan Skolnick of Bleacher Report put the brakes on the idea of such deep discounts, having heard that Bosh and Wade aren’t expected to accept figures quite so low (Twitter link).

2:44pm: The Heat are telling free agents that they have more than $12MM to spend, indicating that Dwyane Wade, Chris Bosh or both are willing to take major discounts, tweets Brian Windhorst of ESPN.com. The Oregonian’s John Canzano hears Bosh is set to sign a five-year deal worth $11MM in the first year, while Wade will get a four-year deal starting at $12MM. Grantland’s Zach Lowe hears those figures are $12MM for Bosh and $10MM for Wade (Twitter links).

Those numbers, together with the maximum deal that LeBron James is insisting upon, would appear to give the Heat even more flexibility, since LeBron’s max is projected to be around $22MM. That would leave the Heat with $44-45MM or so in commitments, not counting roster charges and the cap hold for first-round pick Shabazz Napier. The salary cap is projected to come in at $62.3MM, so it seems Heat president Pat Riley is leaving room for a player or two at above the minimum salary in addition to a $12MM acquisition. That might come in the form of a signing at the value of the $2.732MM room exception.

The Heat are trying to arrange a meeting with Kyle Lowry today, according to Windhorst, who also suggests the team could go after Marcin Gortat (Twitter link). The Heat reportedly see Luol Deng and Lowry as their top free agent targets from outside the team, and while Deng is unwilling to take a discount to sign in Miami, $12MM appears to be close to market value.

Kyle Lowry Will Take Few Days To Make Decision

July 2 at 7:59am CDT By Zach Links

WEDNESDAY, 7:59am: Lowry wants nothing less than a deal worth $40MM over four years, sources tell Sportsnet’s Michael Grange, who hears the Raptors would be comfortable at four years, $44MM. That’s less than the $12MM a year that Marc Stein of ESPN.com reported earlier that the Raptors would offer, but the key may be whether Toronto extends its offer to a fifth year, as Grange suggests and as Stein reported that the team is considering

TUESDAY, 10:00pm: Lowry’s bidders include the Raptors, Rockets, and Lakers.  The Heat have not progressed their talks with him, however, tweets Brian Windhorst of ESPN.com.

9:08pm: Guard Kyle Lowry told the Raptors today that he’ll take a few days to make up his mind, tweets David Aldridge of NBA.com.  The Raptors, meanwhile, are still confident that they’ll retain the point guard.  “He knows us, and we know him,” a source said.

Lowry has been an extremely popular guy over the last ~22 hours.  A number of clubs have reached out to the 28-year-old, including the Heat.  Miami is reportedly telling clubs that they have about $12MM to spend, which is in line with the reported offer that the Raptors are making to Lowry.

Toronto, meanwhile, was said to be thinking about making a five-year offer to the veteran.  It’s not known for certain if the Raptors went through with that pitch in their meeting with Lowry in Philadelphia earlier today.

Southeast Rumors: Lowry, McRoberts, Livingston

July 1 at 7:03pm CDT By Zach Links

The Heat‘s infatuation with free agent guard Kyle Lowry has been well documented, but the Big Three haven’t been actively recruiting him, writes Adrian Wojnarowski of Yahoo Sports.  More from the Southeast Division..

  • Josh McRoberts‘ agent tells Rick Bonnell of the Charlotte Observer that there’s mutual interest between his client and the Hornets.  “Quite a few teams have expressed” interest, Mike Conley Sr. said in a phone interview. “We haven’t gone into any in-depth discussions yet, but we know how the Hornets want him.”
  • The Hornets approached Shaun Livingston about a possible return to Charlotte, a knowledgeable source tells Bonnell.  Livingston played for Charlotte in the 2010-11 season when they were under their maiden Bobcats moniker.
  • Kent Bazemore has heard from the Hawks, Celtics, Mavs, Lakers, Suns, and Bulls, tweets Jeff Caplan of NBA.com.  Michael Scotto of Sheridan Hoops (Twitter link) adds the Spurs to that list.

Raptors Stymie Rockets’ Interest In Kyle Lowry?

July 1 at 3:34pm CDT By Chuck Myron

3:34pm: Lowry is thinking over an offer from the Rockets, Wojnarowski tweets. That’s presumably a scenario that would see him sign outright with Houston rather than via sign-and-trade.

3:17pm: Lowry is also considering a meeting with the Lakers, tweets Ken Berger of CBSSports.com, who have interest, as we noted below. Lowry already met with the Rockets.

2:41pm: The Rockets were trying to work out a way to acquire Kyle Lowry via sign-and-trade with the Raptors, but Toronto isn’t playing along, and that appears to have put Houston out of the running for the free agent point guard, tweets Chris Broussard of ESPN.com. The Rockets had reportedly viewed Lowry as a fallback option if bigger names proved out of their reach.

Lowry met with the Raptors today and is mulling an offer from them, a league source tells Adrian Wojnarowski of Yahoo! Sports (Twitter link). The Raptors have apparently been preparing to pitch a four-year, $48MM deal to the Andy Miller client, though another dispatch indicated that they were thinking about tacking a fifth year onto that.

The Heat are reportedly attempting to set up a meeting with the point guard, too. The Lakers and Mavs also apparently reached out to Lowry, who this spring made his affection for Toronto clear while stopping short of promising a return.

Southeast Rumors: Wizards, Heat, McRoberts

July 1 at 1:57pm CDT By Chuck Myron

Plenty of teams are hoping for a chance to pitch to LeBron James, but the Wizards aren’t one of them, as owner Ted Leonsis explained in an appearance on 106.7 The Fan today. Scott Allen of The Washington Post has the transcription.

“You’d have to have cap space and you’d have to renounce all your free agents,” Leonsis said. “Then you’d have to be able to call their agent and say, ‘Would you think he would consider coming here?’ So, I never understood the grandstanding. Some of the bloggers have said, just get in the mix and throw your name out there. OK, so you generate positive pixels and it creates these faux expectations, and LeBron is in total control of his future. LeBron will do what LeBron wants to do. We have to be able to control what we want to control, and right now our main targets are retaining our players.”

Here’s more from around the Southeast Division:

  • The Heat‘s top two targets for outside improvement appear to be Kyle Lowry and Luol Deng, but neither seem likely to end up with the team, tweets Marc Stein of ESPN.com. Deng is unwilling to take a discount to go to Miami, according to Chris Broussard of ESPN.com, probably putting him out of reach (Twitter link).
  • Hornets free agent power forward Josh McRoberts and the Blazers have mutual interest in a deal, as Chris Haynes of CSNNW.com hears.
  • The Wizards would like to bring back free agent point guard Garrett Temple, but they face competition from the Heat, Magic and Bulls, who have also expressed interest, tweets Marc J. Spears of Yahoo! Sports.
  • The Hawks are interested in re-signing Elton Brand, but the Knicks are eyeing him, too, writes Chris Vivlamore of the Atlanta Journal-Constitution.

Raptors Considering Offering Fifth Year To Lowry

July 1 at 1:27am CDT By Zach Links

1:27am: Raptors GM Masai Ujiri and coach Dwane Casey will meet with Lowry in Philadelphia later today, league sources tell Adrian Wojnarowski of Yahoo (on Twitter).

1:03am: The line of teams chasing Kyle Lowry is so long that the Raptors are now said to be weighing whether to offer a fifth year to clinch his re-signing, tweets Marc Stein of ESPN.com.  As Stein reported earlier tonight, the Raptors are pitching a deal with an average annual value of $12MM/year, so a five-year deal would be quite a get for the 28-year-old.

The Heat have been known to be fans of Lowry and really appeared to ramp up their pursuit early Tuesday morning.  A source tells Adrian Wojnarowski of Yahoo Sports (on Twitter) that Miami reached out to his agent, Andy Miller, and the sides are planning to talk in the morning.

In addition to the Heat, the Raptors will have to contend with the Lakers, Rockets, and Mavericks, who all reached out to Lowry tonight, tweets Sam Amick of USA Today.