According to ESPN’s Adrian Wojnarowski, Kyle Lowry is receiving a one-year, $31 million contract extension from the Toronto Raptors.
Breaking: Kyle Lowry and the Toronto Raptors have agreed on a one-year, $31M contract extension that takes the five-time All-Star guard out of July’s free agency market, agent Mark Bartelstein of @PrioritySports tells ESPN. https://t.co/nkhme9AHes
— Adrian Wojnarowski (@wojespn) October 7, 2019
Lowry now is now under contract for this upcoming season and the next one, and he’ll be an unrestricted free agent in the summer of 2021.