As expected, veteran Toronto Raptors point guard Kyle Lowry will be joining the Miami Heat via a sign-and-trade agreement. His contract will be for three seasons, with various reports putting the money at $90 million.
Lowry confirmed his impending move to South Beach via Twitter:
Lowry, 35, brings experience and championship pedigree to the Heat, who also agreed to a lucrative contract with franchise cornerstone Jimmy Butler as free agency opened Monday. Finalists in 2020, the Heat were swept by eventual champion Milwaukee in the first round this season.
A six-time All-Star, Lowry helped lead the Raptors to their only championship in 2019. Lowry averaged 17.2 points, 7.3 assists and 5.4 rebounds with Toronto last season.