According to NBA insider Adrian Wojnarowski of ESPN, Kyle Lowry will not remain with the Charlotte Hornets. The Miami Heat traded Lowry to the Hornets in the blockbuster Terry Rozier deal.

Charlotte (10-31) will either trade Lowry or agree to a buyout with the veteran.

“The Hornets will work to move Lowry, 37, onto another team before the deadline, but short of finding a deal for him and his $29.6 million expiring contract, he could eventually become a contract buyout candidate, sources said,” Wojnarowski wrote.

NBA NEWS & TRADE RUMORS: Kyle Lowry, Charlotte Hornets, Miami Heat Updates

Lowry is in the final year of his contract. He’s making $29.7 million this season. The NBA champion is averaging 8.2 points, 3.5 rebounds, 4.0 assists, 1.1 steals and 0.4 blocks while shooting 42.6% from the field, 38.5% from beyond the arc and 83.3% from the free-throw line.

The Heat signed Lowry to a three-year, $85 million contract in August 2021 as part of a sign-and-trade deal with the Toronto Raptors. Miami went 92-63 in the regular season with Lowry in the lineup. The 37-year-old averaged 11.4 points, 4.1 rebounds, 5.8 assists, 1.1 steals and 0.3 blocks in 155 games with the Heat, who lost to the Denver Nuggets in the 2023 Finals in five games.

NBA NEWS & TRADE RUMORS: Kyle Lowry, Charlotte Hornets, Miami Heat Updates

A six-time All-Star and future Hall of Famer, Lowry has career averages of 14.4 points, 4.3 rebounds, 6.2 assists, 1.3 steals and 0.3 blocks with the Memphis Grizzlies, Houston Rockets, Raptors and Heat. He helped Toronto win the 2019 championship over the Golden State Warriors in six games.

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