Kyle Lowry following through on contract opt out

Raptors point guard Kyle Lowry said he’ll opt out of the final year of his contract this week and become an unrestricted free agent in July.

The move has been long expected and will allow him to field offers from all 30 NBA teams. Lowry’s salary this year was $12 million and he is certain to double that on the free agent market.

“I will be opting out and that’s as far as I’ve gotten,” Lowry said as the Raptors wrapped up the season that ended with Sunday’s loss to the Cleveland Cavaliers.