Kyle Lowry’s contract and salary breakdown
Detailed figures displaying how much Kyle Lowry earns in the NBA.
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Kyle Lowry (Credits: NBA.com)
Kyle Lowry is the league’s one of the most talented point guards. As of now, he is suiting up for the Miami Heat and helping the team with his experience as a veteran guard who knows ball. The past seasons have been a complete rollercoaster ride for Kyle Lowry. As he went from an NBA champion to a washed guard in just two seasons. But he didn’t let that narrative pull him down and is finally getting the correct recognition he deserves.
Before joining the Miami Heat, Kyle Lowry suited up for the Memphis Grizzlies, Houston Rockets and Toronto Raptors. He had his best moments with the Raptors but had to leave them behind in his championship hunt which brought him to the Heat team. He was acquired by Miami Heat from the Toronto Raptors via a sign-and-trade deal on August 6, 2021.
Kyle Lowry didn’t get a big bag from the Raptors, as they were pretty clear with their vision of rebuilding and trading him away. But the contract they handed him does justice to the situation the 35-year-old guard was in. Kyle Lowry throughout the 17 seasons he has played so far has earned $245 million. And, he still has a year left on his contract. But with retirement nearing none can comment anything about his future signings. He may suit up for the Heat Team with an extension but we never know what goes down and is good for the business.
Related: Who is Kyle Lowry’s Wife, Ayahna Cornish Lowry?
Kyle Lowry’s current contract breakdown
Kyle Lowry signed a three-year deal with the Toronto Raptors in 2021 worth $85,000,002 and it guaranteed him $85,000,002. His annual average salary is $28,333,34. The contract came in with a base salary of $26,984,128. It also books him with the Miami Heat until the 2023-24 season and then he’ll be available in the market as a 38-year-old Unrestricted Free Agent.
Kyle Lowry’s salary for the 2022-23 NBA season is $28,333,334. And, in the next season, he’ll be making $29,682,540, while carrying a cap hit of $29,682,540 and a dead cap value of the same numbers. He may get himself an extension this summer but nothing can be predicted about it. You can find the detailed breakdown here below:
| CONTRACT:3 yr(s) / $85,000,002 | AVG. SALARY:$28,333,334 | GTD AT SIGN:$85,000,002 | SIGNED USING:Sign And Trade/Bird | FREE AGENT:2024 / UFA |
| YEAR | AGE | STATUS | BASE SALARY | LIKELY INCENT. | UNLIKELY INCENT. | TRADE BONUS | CAP HIT | PCT OF LEAGUE CAP | YEARLY CASH | GUARANTEED | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021-22 |  | 35 | $26,984,128 | – | – | – | $26,984,128 | 24.00% | $26,984,128($26,984,128) | $26,984,128 | |
| 2022-23 | | 36 | $28,333,334 | – | – | – | $28,333,334 | 22.91% | $28,333,334($55,317,462) | $28,333,334 | |
| 2023-24 | | 37 | $29,682,540 | – | – | – | $29,682,540 | 22.15% | $29,682,540($85,000,002) | $29,682,540 | |
| 2024 | | 38 | UFA | ||||||||
Kyle Lowry’s salary breakdown
- Current Salary: $28,333,334
- Salary Per Month: $2,361,111
- Salary Per Week: $544,872
- Salary Per Game: $345,528 (assuming 82 games)
- Salary Per Quarter: $86,382 (assuming 12 minutes per quarter)
- Salary Per Minute: $7,199 (assuming 12 minutes per quarter)
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Ritik Malik
(1743 Articles Published)