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Report: Raptors intend to re-sign Lowry; offer may start at $12M

The Toronto Raptors want to re-sign their star player before he has an opportunity to talk to other teams. Multiple reports suggest they're close to doing so, though Sportsnet's Michael Grange says nothing is done yet:

ESPN's Marc Stein suggests it will cost the Raptors a tidy sum to retain their franchise point guard:

Lowry helped lead the Raptors to their first playoff appearance in five years last season.

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