Kyle Lowry Extends Raptors Contract for $31 Million

The Toronto Raptors and Kyle Lowry have reached an agreement on a one-year contract extension for $31 million. The new deal will take the Raptor’s guard out of the free agent market in July. That’s according to Priority Sports agent Mark Bartelstein. The extension guarantees the Toronto guard $64 million over two years. He will also get the $33.3 million currently remaining on his contract, which expires at the end of this season. Raptors President Masai Ujiri, general manager Bobby Webster and representatives for Lowry have been working for months on the agreement. Want $250 to bet on… [Read entire story]

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