Lowry to re-sign with Raptors

Point guard agrees to four-year/$48-million deal to stay in Toronto

Veteran point guard Kyle Lowry is staying put after agreeing to a new deal with the Toronto Raptors.  The star confirmed as much through his own Twitter account on Wednesday.

"This ain't Amir jersey y'all!! Lol..... it's for the 2014-15 season cause Toronto will be my home city,'' said Lowry, sporting a vintage Raptors jersey.

According to several reports, Lowry's deal is US$48 million through four years with an opt-out after the third year. League rules restrict signings or trades until July 10, but players and their agents are allowed to confirm agreements.

Re-signing Lowry, the top point guard available in NBA free agency, was a No. 1 priority for the Raptors after a stellar season.

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