There’s mutual interest between the Heat and Kyle Lowry, according to Brian Windhorst of ESPN.com, who spoke this morning in an appearance on ESPN’s SportsCenter (video link; scroll ahead to the 3:45 mark). Grantland’s Zach Lowe wrote in late December that the Heat would “love a shot” at the Raptors point guard. Still, Lowry’s comments have indicated a preference to remain with the Raptors, though he hasn’t explicitly said so.
The Heat would target Lowry as an addition should LeBron James, Dwyane Wade and Chris Bosh all opt out of their contracts and re-sign for lower salaries, as was rumored with regard to Miami’s interest in Carmelo Anthony, Windhorst says. The latest estimates have pegged Lowry’s value at around $11MM per year, which would require the Heat’s trio of stars to accept not much more if Miami is to accommodate an attractive deal for Lowry under the salary cap.
Raptors GM Masai Ujiri and CEO Tim Leiweke have identified Lowry as a priority, and Leiweke answered affirmatively when asked in April if the team would re-sign the Andy Miller client. That’s no guarantee, of course, but given the affection that Lowry and the Raptors seem to share for one another, the Raptors look well-positioned to retain him. Considering the long shot nature of the idea that all three of Miami’s stars will agree to deep discounts, it would be a surprise if the top point guard in this year’s free agent class winds up in South Beach.