Kyle Lowry is reportedly heading to South Beach.
According to ESPN's Adrian Wojnarowski, Lowry has agreed to a three-year deal with the Miami Heat worth approximately $90 million. Wojnarowski added that Lowry is going to the Heat in a sign-and-trade, the full details of which have not yet been reported.
Following the news of Lowry's signing, Toronto mayor John Tory released a statement on his departure. Tory spoke glowingly of Lowry's time with the Toronto Raptors and said that he's confident "one day when the time is right, just as we have celebrated other great players from our other great championship teams, there will be a statue celebrating his legacy in our city."
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"Like Kyle, Toronto is not the tallest, not the most athletic, not the fanciest, but we play hard and we win," wrote Tory. "Nothing stops us because we have heart. And we value heart.
"Kyle Lowry showed us how to win, but also how to treat our friends, elevate our teammates, celebrate our children and the joy they bring us. He stood up for what's right and called out injustice and Anti-Black racism. He was a role model for many and an inspiration to all of us.
"He is the player who works harder than anyone, on and off the court. And I want to thank him for the joy and pride he brought Toronto, for being there when Masai needed a friendly face to pull him onto the court where he belonged, and for providing for Toronto families who needed some extra help, through his Lowry Love Foundation.
"Kyle Lowry united the Raptors and Toronto and made a whole country cheer. He will be missed but he will not be forgotten. And trust me: when it's safe, he will be celebrated."
My statement on the departure of Toronto Raptor Kyle Lowry.@Klow7 pic.twitter.com/5pHGZzjUNJ- John Tory (@JohnTory) August 3, 2021
The Raptors acquired Lowry from the Houston Rockets prior to the 2012-13 season. In nine seasons with the franchise, he posted averages of 17.5 points, 7.1 assists and 4.9 rebounds per game on .425/.377/.825 shooting splits. He earned six straight All-Star selections and one All-NBA Third Team selection in Toronto and played a leading role in the Raptors winning their first-ever title.
Lowry holds a number of franchise records, including 3-pointers made (1,518), assists (4,277), steals (873) and triple-doubles (16).
Following Toronto's championship run in 2019, NBA.com's Carlan Gay ranked Lowry as the greatest Raptor of all time.
Free agent deals can only be agreed upon in principle until Aug. 6 at 12:01 p.m. (ET) when they can be signed and made official.
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