Raptors’ Kyle Lowry to Become Free Agent Next Summer

By Staff  |  10/07/2016

Kyle Lowry

Point guard Kyle Lowry has emerged as a star with the Toronto Raptors in recent years, but next summer he has a decision to make: opt out and become a free or agent, or remain.

The 30-year-old NBA All-Star will be in the final year of a four-year deal with the Raptors... and recently revealed, in an interview with The Vertical, that he intends to opt out.

While Lowry says he'd prefer to remain in Toronto, he also said he's "open to seeing what else is out there."

"If you're that franchise's guy, and you're the guy that they've been rolling with, and you've given that franchise everything you have, yeah, I think [contract negotiations] should be easy," Lowry said.

Lowry has been with the Raptors since 2012, during which he's developed into an All-Star. For the 2016-17 NBA season, he's scheduled to make $12 million... and his player option for the 2017-18 season is also worth $12 million. However, if he decides to become a free agent, he'll join a big name list of players that also have contracts up -- including Stephen Curry, Kevin Durant, Blake Griffin and Chris Paul.

Lowry hopes the Raptors offer him a lucrative contract before free agency begins on July 1 though. If not, will look around elsewhere.

"I think it should be a situation where a guy shouldn't have to talk to another team," Lowry told The Vertical. "DeMar didn't have the chance to talk to another team. For me, I think that at 12:01 a.m. on July 1 -- something should be close. If not, I'm open to seeing what else is out there."