We are the best of both worlds.
5 years, 57.5M, Player Option
Exactly. Lowry's going to want to succeed, but this could also be his only chance to really get paid considering he's in his late 20s and to this point has made a relatively low salary by NBA standards. Toronto's the only team that can realistically do both for him.
according to this, there are 12 teams with enough cap space to offer up $12m+ per year (without any consideration for how many other holes they may have at the moment):
Atlanta
Washington
Milwaukee
Cleveland
Orlando
Detroit
Charlotte
LA Lakers
Philadelphia
Phoenix
Utah
Dallas
Utah, Philly, the Lakers, Detroit, Orlando, Cleveland, and Milkwaukee are all awful right now. They can't realistically compete next year the way their teams are set up and are probably out of the running based on that.
So that leaves us with:
Atlanta
Washington
Charlotte
Phoenix
Dallas
Atlanta (Teague/Schroeder), Washington (Wall), and Phoenix (Dragic) already have their own touted PGs and won't want to spend their cap space doubling up there.
Ditto for Dallas who are already spending like $17-18m next season on the quartet of Monta Ellis, Jose Calderon, Shane Larkin and Gal Mekel. They've got bigger fish to fry than adding another PG and loading their backcourt with undersized guys. So now we're left with:
Charlotte
At this moment, the Hornets have about $21m in cap space open and their PG depth is Kemba Walker and Gary Neal. But they also have 9 guys on their current roster, including no legitimate starting C/PF for beside Al Jefferson and current SG/SF depth that is Gerald Henderson at the 2 and Michael Kidd-Gilchrist at the 3.
Lowry would be an upgrade for them and would push Walker to a better role as a 6th man, but then they've only got 9m left to fill out a roster that needs a starting SG or SF, a backup SG or SF, and more general depth so that they're not leaning on a bench of Bismack Biyombo, Gary Neal, Jeff Taylor, Brendan Haywood, and (if he goes to the bench where he belongs at this point) MKG.
It's not a guarantee that the Raptors retain Lowry, but unless Michael Jordan's promise to make a splash in free agency means throwing a truckload of cash at Kyle, I just don't see one of the teams that
can pay him fair market value being a good fit.