NBA Rumors: Knicks, Sixers among possible suitors for Kyle Lowry next summer; Raps PG set to get $150M deal

NBA Rumors: Knicks, Sixers among possible suitors for Kyle Lowry next summer; Raps PG set to get $150M deal

Kyle Lowry of the Toronto Raptors is set to become a free agent next summer and he will be looking for a big contract. According to the latest NBA rumors, Lowry is set to earn at least a $150 million deal with the New York Knicks and Philadelphia 76ers as possible suitors.

The 30-year-old had the best year of his career last season wherein he averaged 21.2 points, 4.7 rebounds, 6.4 assists and 2.1 steals per game. He was named as an All-Star and All-NBA Third teamer while capping it off with a gold medal in the 2016 Summer Olympics.

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According to Moke Hamilton of Basketball Insiders, Kyle Lowry will likely look for a contract worth around $150 million next summer when he becomes an unrestricted free agent. The increasing salary cap of teams and the amount of money being thrown around justifies that amount.

NBA rumors in Toronto imply that Lowry has a great relationship with teammate DeMar DeRozan, head coach Dwayne Casey and general manager Masai Uriji. All three signed an extension this season and the Raptors ownership will probably re-sign Lowry.

However, entering free agency is an uncertainty for many teams. Just look at the Oklahoma City Thunder and Kevin Durant. Lowry is no KD but the Raptors has to at least worry that they might lose their star point guard.

Several teams will have the cap space to sign the two-time All-Star with the Knicks and Sixers should be the favorites. The Knicks are entering a make or break season but they will have plenty of money to throw around next summer. They can sign Lowry to become their starting point guard if the Derrick Rose experiment fails.

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On the other hand, the Sixers are far from being a contender but their appeal on Lowry is due to being his hometown, per SLAM Online. However, they have a great young core of players including Ben Simmons and Joel Embiid. Philadelphia needs a leader and a point guard, and Kyle Lowry seems to be the perfect player to fill that.

It should be noted that these are just NBA rumors at the moment. The Raptors will have the money to re-sign Lowry but they have to remain a powerhouse in the Eastern Conference to convince him to stay.

Photo Courtesy: Keith Allison/Flickr