The Philadelphia 76ers are re-signing 18-year NBA veteran Kyle Lowry to a one-year contract, his agent told ESPN's Adrian Wojnarowski on Thursday.

Lowry signed with his hometown team midway through last season after the Charlotte Hornets acquired him from the Miami Heat and subsequently waived him.

The 38-year-old averaged eight points per game with the 76ers, adding 4.6 assists while making 40.4% of his threes. He started all six of the team's playoff games.

Lowry made six All-Star appearances as a member of the Toronto Raptors, with whom he won the 2019 NBA championship.

Philadelphia has rebuilt its roster; only superstar Joel Embiid and reserve Ricky Council haven't gone through free agency this summer.

The team's biggest add was bringing in Paul George from the Los Angeles Clippers on a maximum contract.

Lowry, George, and fellow free-agency signings Eric Gordon and Andre Drummond have all played at least 10 NBA seasons, giving the 76ers one of the league's oldest rosters.