Kyle Lowry Contract

Last Modified Nov 26, 2023 16:00 GMT
Kyle Lowry
Kyle Lowry

Now in his 18th season in the NBA, 2019 NBA champion Kyle Lowry is still in good shape and making possibly one last run towards the most coveted championship trophy in basketball history.

Lowry made his NBA debut for the Memphis Grizzlies, but came into the spotlight during his time with the Houston Rockets. In his three seasons with the Rockets, Lowry averaged 12.1 points, 4.0 rebounds, 5.9 assists, and 1.2 steals per game. After joining the Toronto Raptors in 2012, he began his much-awaited ascend to popularity.

As part of "the North," Lowry became synonymous with Toronto’s success and redefined the team’s underdog status. With every game he played wearing the Raptors' black and red jersey, Lowry utilized his leadership qualities in transforming Toronto into perennial contenders.

After six All-Star appearances and a memorable Championship victory in 2019, Lowry’s overall career can be described in one word — Distinguished.

Kyle Lowry Contract Breakdown

YearBase SalarySigning BonusCap HitDead CapYearly Cash
2021-2022$26,984,128 $26,984,128-$26,984,128
2022-2023$28,333,334 $28,333,334-$28,333,334
2023-2024$29,682,540 $29,682,540-$29,682,540

How much is Kyle Lowry getting paid?

Lowry earns an average salary of $28.3 million from his deal and will earn $29.6 million for the 2023/24 season. Lowry signed his current three-year $85 million contract in August 2021.

How much does Kyle Lowry earn in a minute?

Based on his 2023/24 salary of $29.6 million, Lowry earns around $54.4 a minute this season alone.

Kyle Lowry Career Earnings

After the end of the 2023/24 season, Lowry will have earned over $275 million from his NBA contracts.

What are the terms of Kyle Lowry’s Contract?

Lowry is in the final year of his three-year $85 million deal which he signed on August 6, 2021, while he was still with the Raptors. There are no attached clauses with this deal. Lowry is expected to become a free agent after the 2023/24 season.

How much of Kyle Lowry’s Contract is guaranteed?

Lowry’s existing three-year contract is fully guaranteed.

Kyle Lowry Contract History

After being picked 24th overall in the 2006 NBA Draft, Lowry signed his career’s first contract — a four-year $5.2 million rookie contract with the first two years worth $2.1 million guaranteed and the other two years being club option.

In July 2010, Lowry signed a four-year $24 million contract with the Houston Rockets, earning an estimated $5.8 million on average throughout the deal.

In July 2014, Lowry signed a four-year $48 million contract with the Toronto Raptors including $48 million guaranteed with average annual earnings of $12 million. Between this and his next contract, Lowry went on to make three consecutive All-Star appearances (2015-2017) and helped the Raptors reach the Eastern Conference Finals (2016) and the Conference Semis (2017).

Lowry’s previous signing was his one-year contract extension deal worth $30.5 million. This was four months after bringing Toronto its first NBA championship.

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FAQs

A. Kyle Terrell Lowry is his full name.

A. Lowry’s wingspan measures six feet three inches in length.

A. Lowry attended Cardinal Dougherty High School.

A. According to online sources, Lowry’s net worth is estimated between $100 million and $110 million as of 2023.

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