Kyle Lowry returns to Raptors; 3-year, $100M contract reported
Kyle Lowry announced Sunday he will remain with the Raptors for at least the 2017-18 season. Lowry made the announcement in an article on The Players’ Tribune website.
The Vertical and other media outlets reported Lowry agreed to a three-year contract worth $100 million. The All-Star point guard was a point of emphasis for Toronto, which needed to re-sign both Lowry and forward Serge Ibaka to avoid a rebuild. Ibaka’s contract is worth a reported $65 million over three years.
Guard Gabe Jackson, a third-round pick in the same 2014 NFL Draft that produced Carr in the second round, agreed to a five-year, $56 million deal with the Raiders, according to NFL Media. Jackson was entering the final year of the four-year, $2.95 million contract he received after getting drafted out of Mississippi State.
Jackson, 25, has started 44 games over the last three years, including every game each of the last two seasons. His new contract will make him the league’s third-highest-paid guard in terms of annual salary behind only Cleveland’s Kevin Zeitler ($12 million) and Raiders teammate Kelechi Osemele, who inked a five-year, $58.5 million last year after leaving the Ravens.
Raiders general manager Reggie McKenzie said in March that retaining Jackson, who did not allow a sack last season, was a priority.