As it sounds. Despite having been important in the past playoffs for the Miami Heat, a team he helped reach the NBA Finals, Kyle Lowry’s future in the Florida entity looks more than cloudy. Although they do not doubt his worth, in management they understand that the time has come to turn around the point guard position; so much so that according to Barry Jackson of The Miami Herald, the Heat would be considering making use of the stretch provision to fire the guard point 37 years old.
This possibility opens up due to the difficulty in getting hold of the piece that Miami really wants: Damian Lillard. With the Portland star determined to start the 2023-24 season with his current team, using Lowry’s $29.7 million salary to close a trade seems far off.
Faced with such a scenario, Miami is considering the financial advantages of cutting its veteran player. Facing free agency, they have decided to bet big to renew Gabe Vincent and/or Max Strus. If these signatures are given, they would skyrocket above the luxury tax, and in that context letting Lowry go would be something they would welcome.
To be exact, the stretch provision It would allow the Heat to split Lowry’s salary bill over three years and $9.9 million each. More clearly, going this route would reduce Miami’s 2023-24 salary commitments from around $178.5 million to $158.5 million, taking the team, at least temporarily, out of the luxury tax.
Although no one doubts Lowry’s value on the floor – this season he has averaged 11.2 points, 5.1 assists and 4.1 rebounds – it is no less true that he is no longer that determining piece of years ago. Perhaps separating the path of both when he has a single year left on his contract is the best option that those from Florida have, always thinking that they do not achieve a transfer before.
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