Lowry opted out of the final year on his contract Friday, making him a free agent.

EDGE Analysis

With Lowry only set to make $12 million in the final year of his deal with the Raptors, opting out comes as no surprise. The All-Star point guard is expected to earn a large pay raise on the open market this offseason after averaging a career-high 22.4 points per game in his 11th NBA season. Lowry would earn the most money if he re-signed a max deal with Toronto, but given the disappointing end to the postseason for the Raptors, the veteran out of Villanova will surely explore other options before making a final decision.