Kyle Lowry, the Miami Heat’s point guard, is an essential player in his team’s journey to the NBA Finals. With Lowry competing for yet another NBA ring, his fans can’t help but admire him more. Being in his 17th season in the league, Lowry has amassed an enormous net worth over the years.
Lowry joined the league in 2006 as part of the Memphis Grizzlies, where he played until 2009 before being traded to the Houston Rockets. He spent three years there and then signed with the Toronto Raptors in 2012, where he would play the most remarkable part of his career until 2021, winning the championship with his team in 2019.
As Lowry prepares to play the Denver Nuggets in the NBA finals, let’s take a look at his vast fortune. Lowry’s net worth comes from his basketball contracts and brand endorsements.
What is Kyle Lowry’s Net Worth?
As of 2023, Miami Heat’s Kyle Lowry has an estimated net worth of about $100 million. Throughout his 17 seasons in the league, the point guard has earned his fantastic wealth, mostly from his NBA salaries and player contracts. Currently, Lowry is earning an average salary of around $28 million per year on his three-year $85 million contract with the Heat. He has earned more than $250 million from his NBA contracts to date. Additionally, Kyle Lowry has partnered with multiple distinguished brands, adding to his overall net worth significantly.
Kyle Lowry’s Contracts and Salary
Kyle Lowry signed his three-year sign-and-trade contract worth $85,000,002 in August 2021. The deal guarantees $85,000,002 at signing and an average salary of $28,333,334 yearly. For the 2022-23 season, Lowry earned a base salary of $28,333,334. In the 2023-24 season, the point guard will earn a salary of $29,682,540, with a dead cap and cap hit value of $29,682,540. The three-year deal will make Lowry an unrestricted free agent by the end of the 2023-24 season. The most massive contract of his NBA profession was the three-year $100 million deal he signed with the Toronto Raptors in July 2017.
Endorsements
Kyle Lowry has also partnered with several distinguished brands during his career, including Adidas, Bitbuy, Axe, Sony, and NBA2K, among others. He originally featured Adidas shoes during his early years but later partnered with Chinese sports apparel brand Peak. Lowry would later re-sign with Adidas and continued featuring their shoes on the court. He wears sneakers of the Adidas Harden, Adidas CrazyExplosive, and Adidas Pro Bounce series.
Kyle Lowry’s Car Collection
Kyle Lowry owns a small but stunning car collection. The most exciting piece of his collection is the Ferrari 812 GTA, which cost him $1 million. Though he doesn’t own many cars, the point guard enjoys driving his Ferrari 812 GTA whenever he’s out.
The Net Worth of Ayahna Lowry
Kyle Lowry’s spouse, Ayahna Cornish Lowry, is a former professional basketball player. Although her ACL injury ended her professional career, she remains an expert consultant to Kyle’s on-court performances. Ayahna has an estimated net worth of $2.5 million in 2023.
