Back to the Charlotte Hornets Newsfeed

Kyle Lowry, 76ers Agree to $2.8M Contract After Hornets Buyout Post-Trade Deadline

Kyle Lowry is on the move again.

The Charlotte Hornets' veteran agreed to a buyout with the team on Saturday and is signing with the Philadelphia 76ers for the remainder of the 2023-24 campaign for $2.8 million, according to ESPN's Adrian Wojnarowski.

Lowry, who is from Philadelphia and played college basketball at Villanova, "long hoped to return to Philadelphia to join the Sixers," Wojnarowski added.

Adrian Wojnarowski @wojespn

Lowry will sign for $2.8 million for rest of season, Bartelstein tells ESPN.

The move doesn't come as much of a surprise. It always seemed inevitable that Charlotte was only a temporary home for the veteran point guard after the Miami Heat traded him and a 2027 lottery-protected first-round pick to the Hornets for Terry Rozier.