Toronto Raptors News, NBA News & NBA Predictions
One of the crucial players in last season’s record-breaking NBA season has signed a contract extension with the reigning champions.
Kyle Lowry was one of the star players for the Raptors throughout their season and has finally stopped talks around his long term future in Toronto by signing a new contract extension.
According to reports doing the rounds, Lowry and the Raptors have agreed on the one-year contract worth $31 million. The extension ensures that the Raptors will no longer be fearful of the five-time All-Star leaving at the end of the season, and instead he will be playing in Toronto through to 2021.
The talks seemed to have been going well, as Lowry told reporters at this season’s media day that he wasn’t really worried about the free agency and that the discussions had been going well.
It would now seem that the signing could be a sign of the Raptors forming a new-look side capable of repeating their feat from last season.
Lowry’s agent, Mark Bartelstein, was pleased with how the negotiations went. He told ESPN: “We are so appreciative of how Masai and Bobby handled every aspect of this negotiation. Once again, they displayed how they look after their players in a first-class manner, especially someone like Kyle, who they recognize has such a legacy with the franchise.”
Lowry joined the Raptors in 2012, and the 33-year-old is now about to start his eighth season in Toronto.
That makes him the longest-serving player for Toronto. The Raptors president had no qualms about the legacy that Lowry would leave behind.
He said: “What he’s done for this city, for this ball club, is remarkable. You all know: We’re sitting here, there’s many of you here, you all know when we sat down here six years ago, and we would never write this script, this way, in any form of dreams. And this is where it is. I’m proud of him for that.”
The Raptors man made 65 regular-season appearances last season and averaged 14.2 points, as well as a career-high of 8.7 assists per game. He also appeared in every one of the Raptors games on their way to the NBA championship, as he made 24 post-season appearances.
In this time he averaged 15 points per game, 6.6 assists and 4.9 rebounds. The pick of the games came in game six of the finals as he scored 26 points along with ten assists.
Toronto are gearing up to take on the Houston Rockets as part of their preparations for the upcoming season in Japan. However, Lowry will play no part in these two games as he recovers from thumb surgery which he had to have done over the break.
Breaking: Kyle Lowry and the Toronto Raptors have agreed on a one-year, $31M contract extension that takes the five-time All-Star guard out of July’s free agency market, agent Mark Bartelstein of @PrioritySports tells ESPN. https://t.co/nkhme9AHes
— Adrian Wojnarowski (@wojespn) October 7, 2019
There is also a feeling that Lowry may not be fit enough to start the season for the Raptors as he admitted that he is behind on his conditioning and recovery.
It is unlikely that he will be playing any minutes during the pre-season and he is a huge doubt for their opening day clash with the New Orleans Pelicans on the 23rd October.
How has this NBA news affected betting markets?
Lowry’s injury would certainly have an impact on the betting markets for the season opener as he was one of their best players last season.
However, the Raptors will be expected the get the job done against the Pelicans even without one of their most experienced players.
Last season was one of his best ever, and if he can return to full fitness in somewhere near that form, then the Raptors could be a darkhorse pick for the NBA Championship again.
However, they will have to fight off stiff completion in the forms of the Los Angeles sides if that is going to be possible.
The Raptors are currently +2500 @ SportsBetting.ag to win the 2019/2020 NBA title.