Multi-Million NBA Career [2024 Update]

As Kyle Lowry approaches the tag end of his NBA career with a net worth of $100 million, he is considering exploring entrepreneurship, a common transition for professional athletes, as a post-career option.

Lowry has already written his name in Raptor’s legacy leading the team to the first-ever NBA championship in 2019. 

His playing style has earned him the nickname “Bulldog” for his toughness, leadership, and game-winning instinct plays.  

Lowry has already made $245 million from his NBA career and spends this money on charities and investments. 

Kyle is still in the NBA game but had not been performing due to the knee injury he sustained on February 3, 2023.

After missing the last 15 games, he finally returned against the Orlando Magic, where Orlando earned a 126-114 victory over the Heat in the Amway Center on March 11, 2023.

For more information, let’s go into the quick bite-size details of Kyle.

Quick Facts

Salary & Net Worth

After his 2006 NBA Draft, Lowry earned $1.01 million playing for Memphis Grizzlies during his rookie season. Later, in his second season, he made $1.08 million. 

But Lowry was traded to the Rockets the following season (in the 2009-10 season), which earned him $2.03 million.

He signed four years deal worth $24 million with the Rockets on July 15, 2010.

Later he got traded to Toronto from Houston for Gary Forbes and a 2013 lottery-protected first-round pick.

Similarly, in the first season (2012-13) of his new contract, Lowry earned $5.7 million, followed by $6.2 million the next season (2013-14).

Kyle signed a 4-year deal for $48 million with the Raptors on July 10, 2014.

For the 2017-18 season, Kyle declined a $12 million player option with Toronto but signed a 3-year $100 million contract with the team on July 7, 2017.

After Raptors, Kyle was traded to Miami Heat as part of a sign-and-trade on August 6, 2021; Lowry had signed a 3-year deal worth $85 million with the Raptors earlier.

In the 2022-23 season, Lowry is the 3rd highest-paid player in the Heat with a salary of $28.33 million.

According to Sportrac, Lowry has earned $245.36 million from his 17-season NBA career. 

Contract & Trades

After being traded to the Raptors, Lowry earned $5.75 million in his first year. Later in 2014, Lowry signed a 4-year extension with the Raptors worth $48 million. 

For the next three seasons, Lowry earned $12 million each season before signing a $100 million 3-year extension deal with the Raptors in the 2017 off-season.

During the 2017-18 season, Lowry earned $28.7 million.

Then, in the 2018-19 season, he made $32.7 million; the same season, he led the Raptors to the franchise’s first championship (the 2019 NBA Finals Championship).

Later, in the 2019-20 season, Lowry made $34.99 million. According to various online sources, six-time all-star Kyle Lowry has an estimated net worth of $100 million as of 2024. 

Endorsement & Investment

Endorsement 

In 2015, Lowry collaborated with Roots Canada to release new winter clothing collections. His customized products are short and long-sleeved t-shirts, pants, sweaters, zip hoodies, and caps. 

Lowry signed with Adidas in 2008, but in 2012, he agreed on a deal with Peak. However, in 2014, he again returned to Adidas.

He doesn’t have his signature shoe line, but he wears customized shoes by other brands; just like during the 2019 finals, he wore Harden Adidas Volume 3. 

In 2016, Lowry and Sport Chek grassroots announced their sponsorship deal at a press conference. 

Lowry was made the face of the brand and involved in their commercials, charity events, and basketball camp. 

In 2019, Lowry released a limited edition watch, Nighthawk, in collaboration with Citizen Canada watch company.

Lowry was also an NBA model athlete who did photo shoots and clothing advertisements for DEXROB. In 2020, Lowry signed a sponsorship deal with Invisalign. 

Investments

Kyle Lowry is nearing to end of his professional career and aims to pave the path for Afro-Americans in the future in investing.

Lowry has already invested in healthcare, cryptocurrencies, and renewable energy.

He is among the NBA stars who spend money on a startup business. But Lowry hasn’t disclosed his investment details to anyone to date. 

In 2013, Lowry partnered with Wholesome Ice Cream to start a juice company. Later, it was named Fam Juice and even introduced eight flavors for the juice.

Their main objective was to provide high-quality natural juices to people living in Philadelphia’s inner city. 

Lifestyle

House & Cars

In 2015, Kyle Lowry purchased a house in Wayne, Pennsylvania, for $2.65 million. The English manor house has six bedrooms, eight bathrooms, and a six-car garage over 4.5 acres of land.

The house interior includes a wine cellar, theatre, game room, gym, and main suite. The exterior offers a swimming pool, tennis court, garden, and outdoor kitchen. 

Lowry also owns another luxury house in North York, Toronto. It is expanded over a 9,700 sq. ft area.

Alongside six bedrooms and ten bathrooms, it has cool features like an elevator, walk-in closet, spa, sauna, entertainment room, and media room.

In 2020, Lowry treated himself to a brand new Ferrari 812 GTA worth over CAD 470,000. Other impressive cars in his garage include a Mercedes G-class.

Books & Movies

In 2016, Kyle Lowry: The Inspiring Story of One of Basketball’s All-Star Guards book was published by Clayton Geoffreys. 

Later in 2020, a new revised edition was released covering his 2019 NBA championship journey, Raptor’s success in the NBA, and Lowry’s inspirational story.

Kyle Lowry was in a new Netflix movie, Hustle, alongside LeBron James, released on June 8, 2022. 

Charity & Controversy

Charity

Kyle Lowry and his wife Ayahana founded Lowry Love Foundation in 2013. Its main objective is to help underprivileged Philadelphia and Toronto kids to have a good quality of life.

Philadelphia

In October 2020, on the 2nd Annual Lowry Foundation Thanksgiving, Lowry provided 250 meals to needy families so they could enjoy decent holiday food. During their first edition, they provided meals to 150 families. 

In 2019, Lowry with his family visited Cecil B Moore and Hank Gathers Recreation Centre to celebrate with an NBA trophy in his hometown. Later, he provided the kid’s books, bags, food, and other school supplies.

In 2018, Lowry donated $1 million to his former college Villanova. according to ESPN, it was the highest single donation by former athlete. 

Kyle hosted Lowry Love Benefit Clinic after coming from the 2016 Olympic gold medal; NBA Jr., Adidas, and Body Armor supported it.

Toronto

In 2016, Lowry made a surprise visit to Toronto area schools. Later, for Christmas Shopping Spree, he took them to Toy R Us.

Similarly, in 2016 and 2017, Lowry organized turkey dinner giveaways for residents.

In 2020, Lowry provided meals and groceries to 200 families during Canadian Thanksgiving.

Controversy

Kyle was once in a controversy in 2011 for verbally abusing a female referee in a charity game during the NBA lockout.

He was accused of violently throwing the basketball at the referee and saying, “B*tch meet me outside; I will kick your a**!” 

Due to this, he was given community service to avoid a $1k fine and jail time.

Professional Career

Memphis Grizzlies drafted Kyle Lowry in the 2006 NBA Draft as the 24th pick. However, he only played ten games in his debut season, recording 5.6 PPG, 3.1RPG, and 3.2 APG.

Later, after drafting another point guard Mike Conley Jr. in the 2007 NBA Draft, new coach Lionel Hollins traded Lowry to the Rockets in 2009.

In 2015, he made his first-ever NBA All-Star appearance. Next season he registered 21.2 PPG in 77 games leading the Raptors to the Eastern Conference finals. 

Likewise, in the 2016-17 season, Lowry played in 60 games and put career-best 22.4 PPG. Similarly, he scored a career-high 43 points against the Cavaliers on February 26, 2016. 

In game 5 of the 2019 postseason, Lowry overtook Demar Derozan (1,117) as the franchise leading scorer in the playoffs by scoring 1,126 points.

Later, in a series-clinching game 6 against the Warriors (114–110), Lowry registered 26 points, 10 assists, and 7 rebounds, helping the Raptors win their first NBA championship.

Kyle Lowry joined Miami Heat in 2021 for a three-year contract worth $85 million in exchange for Goran Dragic and Precious Achiuwa.

In the 2021-22 season, Lowry started in all 63 games with the Heat, averaging 13.4 points, 4.5 rebounds & 7.5 assists per game.

In the 2022 NBA Playoffs (of the 2021-22 season), he played for the Heat, where they lost to the Celtics (100–96) in the Conference Finals.

Later in 2022- 2023, Kyle scored his season-high 28 points in a win against the Wizards (113-105) on November 23, 2022.

Main Highlights Of Lowry’s Career

• NBA champion (2019)
• 6× NBA All-Star (2015–2020)
• All-NBA Third Team (2016)
• Second-team All-Big East (2006)
• Big East All-Freshman Team (2005)
• No. 1 retired by Villanova Wildcats (February 27, 2020)

National Team

Kyle Lowry was named in the 2016 USA Rio Olympics squad that went on to win the gold medal.

During the tournament, he scored 5.0 points, 4.2 assists, and 3.3 rebounds per game in the 2016 Olympics.

Later, his coaches named him an unsung hero for his defense and leadership throughout the tournament.

Lowry played a vital role for a team that gathered players such as Kevin Durant, Carmelo Anthony, Kyrie Irving, Paul George, and Klay Thompson.

He reportedly declined to join the USA team at the 2021 Tokyo Olympics. 

Interesting Facts

• In 2019, Kyle Lowry made a guest appearance as a cannon doll in the National Ballet of Canada, “The Nutcracker,” in Toronto on Dec. 19.
• During his childhood, Lowry used to play baseball and football. But, his role model brother Loonie Jr. persuade him to pursue basketball.
• Kyle was the oldest point guard to make an NBA All-Star appearance at 32.

Quotes

• “You have to be able to wake up every day and be happy with your life decision, and that’s why I never recruit.” 
• “I don’t want to be a guy that’s just out there to be out there; I want to play and contribute.” 
• “I’ll never be satisfied with where my game is. I always think I can get better.”

Search Graph

Kyle has been named NBA All-Star for six consecutive years and still plays with a significant team like Miami Heat.

The graph illustrates his search rate for the past 12 months.

Frequently Asked Questions (FAQS)

What is Kyle Lowry's salary?

According to the sources, Kyle was traded to Miami Heat via a sign-and-trade 3 years agreement for $85 million, with a salary of $29 million.

Which shoes does Kyle Lowry wear?

Kyle Lowry has a sneaker deal with Adidas. He wears Agent Gil Restomods, Adidas Dame, and Harden Adidas shoes during NBA games.

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