ESPN Cri-cite columnist Mike Golic has confirmed the Raptors have agreed to terms with Kyle Lowry on a three-year deal worth $32 million.
The Raptors have been in discussions with the 29-year-old for months, but the team has now finalized the deal.
The deal is a big win for the Raptors and Lowry, who is entering the final year of his contract, has been in a contract dispute with the team for months.
This move gives Lowry another chance to prove his worth, and will also be good for the team’s front office as they search for a star wing.
Lowry, averaging 14.9 points, 10.4 rebounds and 3.6 assists per game this season, is averaging career highs in points, rebounds and assists.
Lowry has been an excellent addition to the Raptors in recent years, averaging 19.4 points, 4.9 rebounds and 1.7 assists per contest in his three-plus seasons with the Raptors.
The former No. 1 overall pick has had some struggles over the past few seasons, but he has played extremely well over the last two months, leading the Raptors to a 7-3 record.
The latest news on the trade will be available on ESPN.com and Twitter.
Kyle Lowry was acquired from the Houston Rockets on Feb. 28 in a blockbuster trade that sent Dwight Howard to the Orlando Magic.
Lowry had a career-high 36 points, four rebounds and three assists on Saturday against the Portland Trail Blazers.
NBA trade deadline The deadline for NBA trade deadlines is February 11.
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The Raptors have signed free agents Joffrey Lauvergne and Jusuf Nurkic, and acquired veteran power forward Trevor Ariza from the New York Knicks.
Lauvergnes deal, which is for two years and $23 million, was the largest of the trade deadline in the past decade.
The Pelicans waived J.J. Hickson on Feb 10 and acquired Dwayne Bacon from the Portland Suns on Feb 12.
Bacon had been on a two-year, $5.5 million deal with the Pelicans that would have kept him in New Orleans through the 2020-21 season.
New Orleans waived the contract of rookie guard Jarnell Stokes on Feb 14.
Jarnell has averaged 6.8 points, 3.5 rebounds and 2.4 assists this season.
The 6-7 center has also played in 22 playoff games and averaged 15.5 points and 7.7 rebounds per game.
Utah Jazz acquire forward Al Harrington from Golden State Warriors Harrington is expected to be a free agent after being waived by the Warriors on Feb 8.
Harbor averaged 9.5 ppg and 3 rpg in 27.5 minutes per game for the Warriors last season.
He will play a key role in the Jazz’s offensive overhaul in the NBA next season.
Sacramento Kings acquire forward Ben McLemore from Portland Trailblazers McLemore will reportedly earn $1.2 million per year in salary for the next two seasons, according to ESPN.com’s Zach Lowe.
The 33-year old will be an unrestricted free agent on July 1.
Utah Jazz guard Ben McLeminas deal, according the Sacred Thicket is believed to be worth $3 million per season.
McLeminans contract, which was reportedly agreed to in December, is believed to cover $1 million per-season.
Detroit Pistons acquire forward Kyle Singler from the Utah Jazz Singler, a six-time All-Star, was signed by the Detroit Pistons in 2013.
He averaged 15 points and 8.2 rebounds in 37.5 career games for the Jazz.
Golden State Warriors acquire center Brandon Rush from the Los Angeles Clippers Rush was traded to the Clippers in a deal that sent guard Brandon Bass to the Sacramento Kings in the deal that landed Sam Dekker from the Atlanta Hawks.
Los Angeles Lakers acquire forward Jodie Meeks from the Brooklyn Nets Meeks, a four-time NBA All-Defensive selection, will reportedly be a restricted free agent.
Ducks acquire center Matt Barnes from the Charlotte Hornets Barnes, a three time All-Rookie First Team selection, signed a three year, $24 million deal last summer.
Philadelphia 76ers acquire guard Michael Carter-Williams from the Phoenix Suns Carter-Williams, a one-time first-round pick of the Philadelphia 76ers in 2014, is expected sign a three years, $30 million deal.
Phoenix Suns acquire guard Brandon Knight from the Washington Wizards Knight, a 2016 NBA Defensive Player of the Year, will be a limited free agent following the season.