NBA Rumors: Will the Toronto Raptors re-sign Kyle Lowry?

May 4, 2014; Toronto, Ontario, CAN; Toronto Raptors head coach Dwane Casey and Toronto Raptors guard Kyle Lowry (7) reacts after a call in game seven of the first round of the 2014 NBA Playoffs against the Brooklyn Nets at the Air Canada Centre. Brooklyn defeated Toronto 104-103. Mandatory Credit: John E. Sokolowski-USA TODAY Sports
May 4, 2014; Toronto, Ontario, CAN; Toronto Raptors head coach Dwane Casey and Toronto Raptors guard Kyle Lowry (7) reacts after a call in game seven of the first round of the 2014 NBA Playoffs against the Brooklyn Nets at the Air Canada Centre. Brooklyn defeated Toronto 104-103. Mandatory Credit: John E. Sokolowski-USA TODAY Sports /
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May 4, 2014; Toronto, Ontario, CAN; Toronto Raptors head coach Dwane Casey and Toronto Raptors guard Kyle Lowry (7) reacts after a call in game seven of the first round of the 2014 NBA Playoffs against the Brooklyn Nets at the Air Canada Centre. Brooklyn defeated Toronto 104-103. Mandatory Credit: John E. Sokolowski-USA TODAY Sports
May 4, 2014; Toronto, Ontario, CAN; Toronto Raptors head coach Dwane Casey and Toronto Raptors guard Kyle Lowry (7) reacts after a call in game seven of the first round of the 2014 NBA Playoffs against the Brooklyn Nets at the Air Canada Centre. Brooklyn defeated Toronto 104-103. Mandatory Credit: John E. Sokolowski-USA TODAY Sports /

The Toronto Raptors may have lost to the Brooklyn Nets in seven games in their first round series, but it was still a fantastic season for the Raptors.

The biggest reason for their turnaround was the play of point guard Kyle Lowry, who the team nearly traded earlier in the season.

That’s why the Raptors have made re-signing Lowry, who will become a free agent in the summer, a priority.

In fact, the two sides are already meeting to discuss a contract extension.

However, according to Alex Kennedy of Basketball Insiders, Lowry’s return is no sure thing.

"While it seems Lowry wants to stay in Toronto, his future with the Raptors will depend on how much money they are offering. He’s 28 years old and has played on some relatively small contracts throughout his NBA career. There were some reports during the season that suggested Toronto was hesitant to give Lowry a lucrative long-term deal. If that’s the case, Lowry may go to a team that’s willing to give him a big payday. At one point this season Toronto considered trading Lowry, but that was before the team went on a remarkable run after the Rudy Gay trade and climbed to the East’s third seed."

Lowry averaged 17.9 points, 7.4 assists, 4.7 rebounds and 1.5 steals per game this season.