The Vertical and other media outlets reported Lowry agreed to a three-year contract worth $100 million. Ibaka and Lowry share the same agent and I would imagine Ujiri has at least worked out the framework of what a new deal would look like for Lowry.
"I'm coming back to Toronto because my heart is telling me that it's home", said Lowry, noting that he still hasn't had poutine - a wildly popular dish in Canada.
"They all led me back to Toronto". Locking Lowry into a four or five-year contract would have crunched the Raptors into cap hell over the next half-decade. The Raptors went 51-31 last season and advanced to the Eastern Conference semifinals, where they were swept by the eventual conference champion Cavaliers.More news: Radeon Vega Frontier Edition launches today for $999 and up
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Now that's been proven. The 31-year-old has aged like wine, averaging a career-best 22.4 points, 7.0 assists, and 4.8 rebounds in his 11th National Basketball Association season in 2016-17. The new deal for Serge will average out to be over $21.5 million per season.
Toronto clearly hasn't changed its thinking.
Why is that? According to an appearance that ESPN's Zach Lowe did on Bleacher Report's "The Full 48" podcast, teams are concerned about Ibaka's listed age. Still an athletic specimen, he shot 39 percent on four 3-point attempts per game last season, and he's only missed more than four games in a season once since his rookie year, making him an attractive power forward or center option in the pace-and-space era.
He previously played with the Oklahoma City Thunder and has averaged 12.0 points and 7.3 rebounds per game over the course of his career.