Lowry, 35, will be an unrestricted free agent. (Full Hoopswire list here.)
More from Miami
- Butler has opted to bypass the Tokyo Olympics with Team USA, per Ira Winderman of the South Florida Sun-Sentinel. Butler joins a list of opt-outs that also reportedly includes Lakers stars LeBron James and Anthony Davis.
- Rumors of Heat coach Erik Spoelstra being a candidate for the Trail Blazers are dead, Portland radio voice man Travis Demers reported, citing a source close to the situation. Spolestra has been Miami’s coach since 2008 and that is where he is staying, Demers wrote.
- Warriors free agent forward Kelly Oubre Jr. is another player drawing interest from the Heat, per Drew Schiller of NBC Sports Bay Area.