All Signs Point to Toronto Raptors All-Star Guard Kyle Lowry Signing with Philadelphia Sixers
Three-time NBA All-Star point guard Kyle Lowry may no longer be wearing the red jersey from up north, but rather from his hometown Philadelphia. This is the latest and the most resounding buzz within the NBA community after the Raptors were swept by the Cleveland Cavaliers in their Eastern Conference semi-final duel.
All Sides Pointing to Lowry as Sixers PG
Looking at all sides, many are expecting that the 31-year old Philadelphia native signing with the Sixers. First, Toronto Raptors still paying max contract for a 36-year point guard, the Sixers' immediate need of a veteran point guard, and Lowry's recent decision to opt out of his contract as posted by Marc Stein on Twitter.
Yet, there are two main reasons why many believe Lowry will come to Philadelphia. First, Lowry already signified his intention to come home and play for Philadelphia. Then there's former Raptors GM and now the Sixers' team president and GM Bryan Colangelo.
"Sources have said the North Philly native has been interested in playing for the Sixers for some time," Keith Pompey of Philly wrote. He added, "The speculation only heightened once Bryan Colangelo became the president of basketball operations in April 2016. As the Raptors general manager, Colangelo acquired Lowry in a trade from the Houston Rockets on July 11, 2012."
However, by signing with the Philadelphia 76ers, Lowry will get lower salary as compared to what potential max contract he can get in Toronto as a player with 10+ years of experience. Interestingly, this could also what the Toronto top honchos do not want - paying max contract for a player who could be well over his peak.
Lowry's Potential Max Contract
Here's the figure brought by SportsNet should the Raptors and Lowry's camp mutually agreed for contract extension: 2017-18: $35,350,000, 2018-19: (+8% raise, or $2,474,500) $38,178,000, 2019-20: (+8% raise, or $2,474,500) $40,652,500, 2020-21: (+8% raise, or $2,474,500) $43,127,000, and 2021-22: (+8% raise, or $2,474,500) $45,601,500. This is a total of $202,909,000 max of 5 years, or an average salary of $40,581,800.
However, if Lowry signs with other teams, he can get a maximum of a four-year contract worth $152,005,000 or an average salary of $38,001,250. Here's the breakdown: 2017-18: $35,350,000, 2018-19: (+5% raise, or $1,767,500) $37,117,500, 2019-20: (+5% raise, or $1,767,500) $38,885,000, and, 2020-21: (+5% raise, or $1,767,500) $40,652,500.
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