[Mr KLC]

The Heat will have interest in Kyle Lowry in free agency, but they’ll face plenty of competition for the veteran point guard, who will have a high asking price, according to Barry Jackson and Anthony Chiang of The Miami Herald. A source in touch with Lowry tells the Miami Herald that the 35-year-old is expected to seek a guaranteed three-year contract worth $30MM per year.

Lowry may not ultimately achieve that goal, but he seems likely to get at least $25MM per year, per Jackson and Chiang. The Herald duo suggests a reunion with the Raptors isn’t considered particularly likely for Lowry, but he’s expected to draw interest from the Sixers, Lakers, Mavericks, and Pelicans, as well as the Heat and Knicks.

As Jackson and Chiang outline, the Heat could theoretically open up enough cap room to offer Lowry about $85MM over three years if they waive or renounce several veterans who are free agents or who have non-guaranteed salaries. They could retain RFAs Duncan Robinson and Kendrick Nunn in that scenario, but would otherwise be limited to the room exception and minimum-salary contracts to fill out the roster.

A sign-and-trade for Lowry is another possibility and wouldn’t necessarily require the Heat to part ways with so many veterans, but the Raptors would have to approve the compensation in any deal. Miami remains unenthusiastic about including Tyler Herro in any sign-and-trade for Lowry, according to The Herald.

[IBetYou]

HEAT are ******. Dragic is too old and Bam too raw. They need a hell of a lot more than Lowry.

[IBetYou]

People got carried away with Bam. Now he's the starting centre on team USA for gawds sake.