Arguably one of the most underrated and tenacious point guards in the NBA, Kyle Lowry is particularly well known for being a great leader for the Toronto Raptors. Throughout his career, Lowry has had to persevere through injuries and demotions. However, Lowry’s insatiable competitive nature has allowed the versatile point guard to excel where he was once overlooked, particularly on the defensive end of the court. Given his well earned relevance as of now, the question becomes how much is this hard working athlete actually worth?
Kyle Lowry’s Net Worth as of 2017: $38 Million
How did Lowry get there? And how has Lowry’s developed skill set earned him this type of financial security? Let’s take a closer look.
2006 – 2009
Lowry was selected by the Memphis Grizzlies in the 2006 NBA Draft with the 24th overall pick. While Lowry’s career got off to an impressive start when he played against the New York Knicks on opening night (six points, 10 rebounds, three assists, two steals and one block), he broke his wrist against the Cleveland Cavaliers just 10 games later.
Despite having successful surgery in the offseason, the Grizzlies surprisingly took another promising point guard in the 2007 NBA Draft in Mike Conley Jr. Although Lowry and Conley were close friends, it seemed inevitable that the Grizzlies wanted to go in a different direction from Lowry, considering they used the 4th overall pick on Conley.
Half way though the 2008-2009 regular season, the Grizzlies named their new head coach as Lionel Hollins. Shortly after the coaching change, Lowry was officially notified that the Grizzlies were committed to Conley as the starting point guard.
Lowry reportedly earned $1.6 million in 2009.
2009 – 2012
While Lowry’s demotion by the Grizzlies was disappointing, he did not have to wait long to get a second chance. On February 19, 2009, Lowry was involved in a three team deal that ultimately sent him to the Houston Rockets. The move was promising for both Lowry and the Rockets as the organization viewed Lowry as a upgrade at the point guard position.
Despite coming off the bench during the 2009-2010 regular season, Lowry still put up solid numbers (9.1 PPG, 4.5 APG, 3.6 RPG). As a restricted free agent in the off season, Lowry was sought after by the Cleveland Cavaliers who signed him to an offer sheet for four years and $23 million. Not wanting to lose their versatile ball facilitator, the Rockets quickly matched the offer.
Finally, after being marred by injuries and being a back up point guard the previous season, Lowry officially became the Rockets every day starter. His abilities as a scorer improved dramatically (13.5 PPG compared to 9.1 PPG the previous season) and his vigilance as a committed defender was finally recognized (1.4 steals per game). For the first time, Lowry was named the Eastern Conference Player of the Week from March 14 to March 20, 2011. During that week, Lowry averaged an impressive 19.3 points, 7.5 assists and 7.3 rebounds per game.
Just when it seemed that Lowry was finally established as a respected point guard in the NBA, he hit an unexpected speed bump with new head coach Kevin McHale during the 2011-2012 regular season. On top of this internal strife, Lowry was once again sidelined with another lingering ailment, this time a bacterial infection. Back up point guard Goran Dragic asserted himself in his new role as the starter, which prompted the Rockets to trade Lowry to clear cap space while acquiring draft picks
Lowry reportedly earned $4.6 million in 2012
2012 – 2015
During the off season, Lowry was traded to the Toronto Raptors in exchange for small forward Gary Forbes and a future first round pick. Lowry had moderate success in his inaugural season with the Raptors, which was somewhat derailed by an injury early in the 2012-2013 season. While Lowry was on bench duty upon his return, he regained the starting point guard role when Jose Calderon was traded in exchange for small forward Rudy Gay from the Memphis Grizzlies. This was a critical cross roads season for Lowry as new general manager Masai Ujiri believed that Lowry had the talent to be a star point guard. However, Ujiri wanted to see Lowry establish a more amicable relationship with his coaches. Lowry appeared to be receptive to Ujiri’s advice and vowed to be a renewed athlete and leader the following season.
With leading scorer Rudy Gay being traded after the Raptors started the 2013-2014 season 6-12, Lowry and shooting guard DeMar DeRozan decided to be the new distinguished leaders of the team. This established camaraderie was essential in the Raptors ushering in a new era of prolific success. The Raptors compiled an impressive 48-34 record, good for third in the Eastern Conference. Although the Raptors would go on to lose in the first round to the Brooklyn Nets, Lowry had one of his best seasons to date (17.9 PPG, 7.4 APG, 4.7 RPG). Lowry’s stellar statistical output and newly developed leadership intangibles made him one of the most coveted free agents in the off season. He ultimately re-signed with the Raptors to a four year, $48 million contract.
After getting his financial dues, Lowry didn’t waste anytime in ensuring that the Raptors would once again be one of the best teams in the Eastern Conference. His versatility shined through more than ever and he was named the Eastern Conference Player of the Month for December (only the second Raptor since Chris Bosh to receive this type of recognition). However, Lowry’s best achievement for the year came when he was voted into his first All-Star game as a starter. As a result of Lowry’s perfect health and contributions on the court, the Raptors achieved a franchise best 49 wins. Yet, the Raptors playoff woes continued as they were swept in the first round by the Washington Wizards.
Lowry reportedly earned $12 million in 2015.
2015 – Present
With the abysmal playoff performance of the previous season still weighing heavily on Lowry, the ever determined point guard got himself into the best physical shape of his career. Lowry’s offseason training paid off noticeably as he helped the Raptors get off to their best start in franchise history at 4-0. Lowry reached his peak as a scorer, particularly as a three point shooter (shot a career high 38.8% from beyond the arch). His flashy playing style earned him a spot on the All-Star roster for the second year in a row. Once again, the Raptors exceeded their win total from the previous season, this time with 50. Despite suffering from bursitis in his shooting elbow, Lowry and the Raptors were able to defeat the Indiana Pacers in seven games in the first round. However, Lowry overcame his initial shooting slump in the second round of the playoffs against the Miami Heat. Combined with his tenacity on defense, the Raptors defeated the Heat in seven games to advance to the Eastern Conference Finals for the first time in franchise history. Lowry maintained his shooting prowess against the Cleveland Cavaliers, scoring 35 points on two separate occasions. While the Raptors eventually lost to the Cavaliers in six games, Lowry proved that he could be a star player in both the postseason and regular season.
During the 2016-2017 season, Lowry established career highs in scoring (22.4 PPG), rebounds (4.8 RPG) and three point shooting percentage (41.2%). The Raptors finished the season as the three seed in the Eastern Conference and matched the Milwaukee Bucks physicality in the first round (won the series in six games). Unfortunately, Lowry and the Raptors were unable to build off the success they had against the Cavaliers in the playoffs last season. The Raptors were unable to stifle the Cavaliers on defense, which ended the Raptors season with a 4-0 sweep.
Lowry has been an intriguing athlete to watch over his career. Despite his tremendous lows due to injuries and demotions, he used those unfavorable moments to become a more disciplined and respected player. While the Raptors once again succumbed to being inconsistent in the playoffs, Lowry will be a highly coveted free agent and could potentially get a max contract. Whether Lowry stays with or leaves the Raptors, his underdog story should not be overlooked as he proved that adversity can bring out the best in a professional athlete.
He reportedly earned $12 million in 2017.