Kyle Lowry’s signing and trading is officially over.
After days of speculation, the Toronto Raptors officially acquired Precious Achiuwa and Goran Dragic from the Miami Heat in exchange for Kyle Lowry, the team announced on Friday.
Toronto has reportedly been looking for a business partner to take on Dragic, 35, who has reportedly hoped to transfer to Dallas to play with fellow Slovenian Luka Doncic, but no trade has ever come to fruition for the Raptors.
The jackpot for Toronto will be Achiuwa, 21, a former 2020 first-round pick who played 61 games for the Heat last season. He’s a versatile 6-foot-8 smallball center from Nigeria who averaged five points, 3.4 rebounds and shot 54.4 percent from the field last season.
In return, Lowry will sign a three-year fully guaranteed $ 85 million deal with Heat, according to Shams Charania. The deal was originally announced at three years, $ 90 million, but Miami couldn’t offer the deal to Lowry without adding another player to the trade in order to balance trade finances.
Given that Dragic is heading for unrestricted free agency this summer and doesn’t look like a long-term play for Toronto, he’s unlikely to end the year with the Raptors.