TORONTO, ON - JUNE 17: Kyle Lowry #7 of the Toronto Raptors holds the Larry O'Brien Championship Trophy on the team bus during the Toronto Raptors Championship Victory Parade on June 17, 2019 in Toronto, Ontario. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2019 NBAE

Report: Lowry retiring with Raptors after decorated 20-year career

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Mark Blinch / National Basketball Association / Getty

Six-time All-Star guard Kyle Lowry is retiring as a member of the Toronto Raptors following a 20-year NBA career, according to Sportsnet's Michael Grange.

The Raptors have scheduled a press conference Tuesday, July 7th - the same number Lowry famously wore - for a "monumental moment" in Raptors history, sources told Grange.

The special event is expected to lay the groundwork for future events this season recognizing Lowry's contribution to the franchise, including a likely jersey retirement, adds Grange.

Lowry, 40, has previously spoken about signing a one-day contract with Toronto and officially retiring with the club.

He spent nine seasons in Toronto - the most decorated stretch of his career, during which he won the 2019 title and was named an All-Star on six occasions. Lowry also earned an All-NBA third-team selection with the Raptors at the conclusion of the 2015-16 campaign.

He averaged 13.8 points, 4.2 rebounds, and six assists on 42.3% shooting in 1,187 total regular-season appearances.

The Villanova product was drafted 24th overall by the Memphis Grizzlies in 2006. He also made stops with the Houston Rockets, Miami Heat, and his hometown Sixers.

Lowry retires as the NBA's all-time leader in regular-season charges drawn with 296. He is one of 12 players in NBA history to appear in 20 or more seasons.

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