Cons of the Miami Heat signing Kyle Lowry
Though Lowry will likely help the Miami Heat right now, this might not be the best deal for the future of the team. They have two very different timelines going on right now and clearly chose to invest in the older one.
Pat Riley signed Lowry and extended Jimmy Butler on the same day. While that may seem like a no-brainer, he spent a ton of money on older players.
By the time Lowry is 39 years old, he’ll be making upwards of $30 million. In that same season, Butler will make nearly $50 million.
That’s around $80 million of the team’s salary cap spent on players that are almost 40 years old. Meanwhile, Adebayo and Herro are still under 25.
While the move is definitely a “win-now” move, they could have done other things to win now and prepare for the future. Thus far, they are only signing and paying players who are on the older side.
They followed up these moves by signing PJ Tucker. While he’s a great player, he is also 36 years old.
The Miami Heat are investing heavily in right now, and if it doesn’t pan out, they’ll have some bad contracts on their hands. If Lowry ends up playing like a 39-year-old point guard instead of an All-Star, that $30 million is going to look rough.