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Report: Kyle Lowry, Raptors Agree to One-Year Extension

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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

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Sources: 76ers, Lakers, Others Interested in Derrick Rose

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The Los Angeles Lakers, Philadelphia 76ers and multiple teams with championship aspirations have expressed interest in trading for Detroit Pistons guard Derrick Rose, league sources told Yahoo Sports.

The Clippers have checked in on Rose as well, but it was more of a common exploratory talk, sources said.

The Lakers and Sixers are in search of point guard assistance for the stretch run, sources said.

Rose, 31, is garnering considerable interest that wasn’t there when he was a free agent last summer. He has been the Pistons’ most consistent offensive weapon this season and his play has thrust him into consideration for the All-Star Game, which takes place in his hometown of Chicago next month.

Source: Chris Haynes of Yahoo Sports

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Sources: Trail Blazers, Kings Complete Five-Player Trade

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Portland has traded Kent Bazemore and Anthony Tolliver and two second- round picks to Sacramento for Trevor Ariza, Wendell Gabriel and Caleb Swanigan, source tells ESPN.

Source: Adrian Wojnarowski on Twitter

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Sources: Kings Still Hoping to Trade Dewayne Dedmon

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Kings continue to search for an avenue to unload center Dewayne Dedmon, who’s in the first season of a three-year, $40M contract. Dedmon, fined for publicly requesting a trade, is averaging 13.8 minutes in 26 games.

Source: Adrian Wojnarowski on Twitter

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