According to Yahoo! Sports’ Adrian Wojnarowski, Lowry has agreed to a 4-year, $48 million deal to remain with the Toronto Raptors.
The Miami Heat were said to be targeting Lowry, but that didn’t happen. The Rockets were also attempting to bring back their former point guard, but Toronto wasn’t interested in their offer for a sign-and-trade deal.
Lowry had an excellent season with Toronto and helped lead them to the playoffs. With that team emerging and him being a key player, remaining in Toronto was probably the right move for him.