Jan. 23, 2013; Miami, FL, USA; Toronto Raptors point guard Kyle Lowry (3) heads back to the bench during a game against the Toronto Raptors at American Airlines Arena. Mandatory Credit: Steve Mitchell-USA TODAY Sports

What Kyle Lowry Re-Signing With Raptors Means for the Miami Heat


One of the Miami Heat’s top free agent priorities is off the board. Kyle Lowry has re-signed with the Toronto Raptors, according to Adrian Wojnarowski of Yahoo Sports.

 

Lowry’s deal is worth an average of $12 million per year, the same annual pay Marcin Gortat (another Heat target) received after re-signing with the Washington Wizards.

The Heat were reported to be targeting Lowry early, but seemingly backed off following reports that the Raptors were willing to pay him at least $12 million a year. That price was too high, especially with LeBron James reportedly asking for a max deal, and Dwyane Wade and Chris Bosh still unsigned.

 

This leaves Miami still searching for a point guard, with only Norris Cole and Shabazz Napier on the roster.

The team can re-sign Mario Chalmers, but things ended poorly for both parties after Chalmers was benched in the final game of the season. However, their hasn’t been much reported interest from the rest of the league in Chalmers this offseason, which should drive his asking price down.

Then there is Jameer Nelson, recently waived by the Orlando Magic. Nelson presents an interesting option for the Heat, who could sign the nine-year veteran to a short term deal as a stop gap for the developing Cole and Napier.

All of that said, Bleacher Report’s Ethan Skolnick is reporting that the Heat are prioritizing wing players.

Miami has been linked to Trevor Ariza, Shawn Marion and Vince Carter, among others.

 

 

 

 

Tags: Free Agency Kyle Lowry Miami Heat Rumors

  • Mike

    Chances of LeBron coming back after opt out – 75%. After Gortat signed and Deng rejected – 50%. After Hawes wants more cash and Lowry signs – 25%. Face it Miami, championship run is over, regardless if he comes back or not! Oh, he’s shady. He will not let you know his plans until last minute as well. Ask Cleveland. Looks like Riley will be the new Dan Gilbert!

    • disqus_atlq8Zmtsd

      Waiting to see what your options are isn’t shady imo. He has leverage, and I am perfectly ok with him maximizing it. I’m a huge Miami fan, but if he decides leaving is best for his career my disappointment will not lessen my perception of him.

      • Mike

        I respect that. I just think the way he has always handled his business has been shady. If he leaves after they drafted his guy and wade and bosh opted out, that’s crazy! However, it is not crazy for him. He did the same thing to Cleveland on national television. He promised them rings as well.

        • disqus_atlq8Zmtsd

          Wade and Haslem opting out is definitely an eyebrow raiser if he leaves. Bosh less so since he could still fetch an 80+ million contract on the open market.

          I didn’t think leaving Cleveland was shady in the least. The television special was a little gauche, but he has even said it was a mistake in retrospect and that he never should have done it. My threshold for forgiving a 25 year old for generating 2 million dollars for the girls and boys club is pretty low.

          • Mike

            I agree that he knows it was a mistake. He has so much cash that if it was truly about the kids he could simply hand some over. What Miami is experiencing is similar to what Cleveland went through. He never commited and it made things very hard in terms of free agency. People want to obviously play with him. He has everybody wondering right now making Riley’s job literally impossible. He knows what he’s going to do. He needs to make everyone aware so they can build. The longer he waits the less free agent availability. That would indicate that he may be following Melo or force his way to the Clippers. If he would let the heat know, they could build around him. A large part of him not having more rings is his own fault. I will say it seems as if he has a move up his sleeves.

    • Jon King

      Pure nonsense.

      • Mike

        Keep telling yourself that! You will change your tune shortly!

  • disqus_atlq8Zmtsd

    Sigh. Lowry and Gortat off the board means Miami isn’t getting a game changer at either of the positions of drastic need.

    Looks like potentially another season of Bosh at the 5 with a niche player at the 4 and iffy contributor at the 1. I’m beginning to wonder what the plan is now.

    I’m not sure Ariza or Deng is a good investment positionally, especially with Thabo and Vinsanity possibly available at favorable price points. Unless Miami just truly believes Wade will return to form next year, this is looking more and more like free agency has to be considered a failure in terms of providing a championship quality roster.

    • Jon King

      A failure? You have no idea the roster yet.

      • disqus_atlq8Zmtsd

        We know what names are available and their likely price points. Obviously if something completely unexpected happened I would reevaluate.

  • Jon King

    Relax. Plenty of players available. Lowry and Gortat went back to non contenders so the competition did not get better either.

  • some random guy

    The only players Miami will get is +35 year old’s who don’t care about taking a pay cut, and haven’t won a Championship yet. No one in their prime who hasn’t received a payday is going to take half of what they can make just to play with Lebron.

  • Juan Tamad

    Miami is not attracting quality free agents because they have no money to pay.

  • Someguywithasuperasslongname

    All I can say, is go raptors! :D