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REPORT: Kyle Lowry agrees to 3-year deal with Heat

Kyle Lowry, Heat, Raptors

Unrestricted free agent guard Kyle Lowry is off the market after he reportedly agreed to a three-year deal with the Miami Heat, per Vincent Goodwill of Yahoo Sports and Shams Charania of The Athletic.

The deal will be via a sign-and-trade with the Toronto Raptors.

Lowry, one of the big-name free agents in the offseason along with the likes of Kawhi Leonard and Chris Paul, had multiple suitors even before free agency began. Aside from the Heat, the Dallas Mavericks and New Orleans Pelicans were said to be aggressive players in the Lowry sweepstake–all  of whom even made significant moves to clear cap space for their pursuit of the All-Star guard.

Heading to free agency, Lowry was rumored to be expecting a three-year deal that would pay him $90 million in total.

Kyle Lowry was already expected to leave the Toronto Raptors this offseason. In fact, some expected him to be dealt at the trade deadline during the 2020-21 campaign. Unfortunately, nothing materialized and he had to play out the rest of the season before hitting free agency.

While he is already 35 years old, there is no doubt Lowry can help the Heat and elevate them to contender status. Alongside Jimmy Butler, there is reason to believe Miami can compete with the big dogs in the East.

Lowry has career averages of 14.9 points, 4.4 rebounds and 6.2 assists. In the past season, the six-time All-Star put up 17.2 points, 5.4 rebounds and 7.3 assists in 46 games. He also shot 43.6 percent from the field (39.6 percent from deep) and 87.5 percent from the free throw line.