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Raptors officially sign Kyle Lowry to contract extension

The Toronto Raptors announced Tuesday they have signed guard Kyle Lowry to a contract extension. Per team policy, financial terms of the deals were not disclosed.

“Kyle has been at the heart of every successful run our franchise has achieved the past seven seasons,” said Raptors President Masai Ujiri. “He is a competitor, a winner at every level and the engine that our players and city feed off from.”

Lowry is entering his eighth season with Toronto after helping lead the franchise to its first NBA Championship in 2019. He averaged a career-best 8.7 assists during the 2018-19 regular season and contributed a key 26-point performance during the series-clinching Game 6 of the NBA Finals at Golden State. Lowry holds career averages of 17.4 points, 7.1 assists, 4.9 rebounds and 34.4 minutes in 497 games with Toronto and ranks first in team history during the regular-season with 1,223 three-pointers made, and 746 steals. He is also franchise’s all-time leader in the playoffs for games played (73), points (1,240), three-pointers made (157), assists (462), steals (101).

“I’m very proud of what we have achieved with the Raptors, and I’m happy to be able to continue to call the Toronto my home,” Lowry said. “Bringing a championship to the city of Toronto and the country of Canada has been one the best things I’ve done so far in my career, and I’ll push for that goal every single year I play this game.” A native of Philadelphia, Lowry has been named an NBA All-Star in five consecutive seasons (2015-19) and twice voted in as a starter. He was named to the All-NBA Third Team during the 2015-16 campaign after scoring a then career-best 21.2 points. In the summer of 2016, he earned a gold medal as a member of the United States men’s basketball team during the Summer Olympics in Rio de Janeiro, Brazil.

Originally selected 24th overall in the 2006 NBA Draft by the Memphis, Lowry spent his first three NBA seasons (2006-09) with the Grizzlies before being traded to Houston in 2009. He played four seasons with the Rockets (2009-12) and was acquired July 11, 2012 by the Raptors in exchange for Gary Forbes and a future first-round draft pick.