Kyle Lowry and the Toronto Raptors have agreed on a one-year, $31 million contract extension that takes the five-time All-Star guard out of July’s free-agent market, agent Mark Bartelstein of Priority Sports told ESPN.
The extension guarantees Lowry two years and $64 million on the books — including the $33.3 million left on his expiring contract this season.
Toronto president Masai Ujiri, general manager Bobby Webster and Lowry’s camp had been motivated to hammer out an extension for months. Over the weekend, the sides closed on a deal that delivers the Raptors options as they evaluate how they’ll construct a post-championship roster — and delivers Lowry the opportunity to extend his stay with a franchise with which he’s wanted to complete his career.
Source: Adrian Wojnarowski of ESPN
Report: Bradley Beal, Wizards Agree to Two-Year Extension
In a commitment carrying leaguewide ramifications, Washington Wizards All-Star guard Bradley Beal has agreed to extend his deal for two years on a $72 million maximum contract, agent Mark Bartelstein of Priority Sports told ESPN on Thursday morning.
Beal’s extension, which will begin with the 2021-22 season, includes a player option for 2022-23 that keeps him out of free agency for three more seasons and guarantees him nearly $130 million over four years.
Assuming that Beal, 26, declines his player option upon reaching 10 years of service in 2022 to re-sign with Washington, he would be eligible to sign the largest contract in NBA history: five years for $266 million.
To leave Washington in three years, Beal could sign a four-year, $198 million deal with a new team.
Source: Adrian Wojnarowski on Twitter
Sources: Pistons ‘very open’ to Trading Langston Galloway
Two league sources tell the Free Press the Pistons are very open to moving [Langston] Galloway, which isn’t surprising. The Pistons have engaged teams on Galloway for months, but his price tag (one year, $7.3 million) remains a challenging roadblock.
Report: Ante Zizic Out Four Weeks with Plantar Fasciitis in Left Foot
Cleveland Cavaliers center Ante Zizic will be sidelined for approximately four (4) weeks after missing all four preseason games with discomfort and soreness in his left foot. Imaging at Cleveland Clinic Sports Health and evaluation by the Cavaliers medical staff revealed Zizic is experiencing plantar fasciitis in his left foot. Zizic will now undergo a period of treatment and rehabilitation and his return to play will be updated as appropriate.
Source: Cleveland Cavaliers