Kyle Lowry Returns Home: Sixers Secure All-Star Guard After Buyout Agreement
This landmark decision paves the way for Lowry’s long-anticipated return to his roots in Philadelphia, where he once graced the courts of Villanova during his college days.
Picture credit: Yardbarker
Advertisement
In a move that’s set to ignite hometown fervor, Kyle Lowry, the esteemed six-time All-Star guard, has reached a pivotal agreement with the Philadelphia 76ers following a contract buyout with the Charlotte Hornets. This landmark decision paves the way for Lowry’s long-anticipated return to his roots in Philadelphia, where he once graced the courts of Villanova during his college days.
Upon clearing waivers in the imminent days, Lowry will seal the deal with the Sixers, inking a $2.8 million contract for the remainder of the season. His exceptional performance with the Raptors 905, Toronto Raptors’ G League affiliate, has undoubtedly bolstered this significant career move.
Joining a revamped Sixers roster post-trade deadline, which now boasts the likes of guard Buddy Hield, Lowry’s arrival injects a potent blend of experience and skill into the lineup. With the Hornets buyout freeing up $10.6 million of his remaining $29.7 million deal for 2023-2024, the Sixers deftly maneuvered below the luxury tax threshold, allowing them to offer Lowry a competitive deal utilizing a portion of their non-taxpayer midlevel exception.
The Sixers’ strategic deadline maneuvers, including the departure of point guard Patrick Beverley and Jaden Springer, have primed the stage for Lowry to assume a pivotal role as the primary backup behind All-Star Tyrese Maxey. With two roster spots remaining and a tactical allocation of resources, the Sixers are poised to continue their pursuit of veteran talent to bolster their ranks.
This monumental development marks a homecoming for Lowry, igniting excitement among fans as they eagerly anticipate his imminent contributions to the team’s pursuit of glory.