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Done deal: Raptors acquire Dragic, Achiuwa in Lowry sign-and-trade deal with Miami

The Toronto Raptors and Miami Heat have concluded the sign-and-trade deal that’s been reported since Monday. Kyle Lowry will sign a three-year, $85 million deal with the Raptors and then be traded to the Miami Heat in exchange for Goran Dragic and Precious Achiuwa.

Trade official: The Heat say they have acquired six-time All-Star guard Kyle Lowry from the Toronto Raptors in exchange for Goran Dragiu0107 and Precious Achiuwa.

— Marc Stein (@TheSteinLine) August 6, 2021

It’s a bit anticlimactic, to be sure; after days of speculation for that to be it is a definite letdown.