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The NBA news breakers were on it — Shams Charania of The Athletic was first, if those things are important to you — but Kyle Lowry cleared up any confusion with an Instagram post. This will be a one-year contract at the veteran minimum.

This move is a solid pickup for the Philadelphia 76ers, who only need around 15 minutes per night from the savvy veteran. Lowry, 37, started last season with the Miami Heat before being traded to the Charlotte Hornets at the deadline. After being bought out by Charlotte, he signed as a free agent with the 76ers.

Lowry played well for Philadelphia last season. He set solid screens, played physical defense, and scored more efficiently than expected. When De’Anthony Melton was out with a back issue, Lowry stepped into a starting role for 20 games. During this period, he averaged 8 points and 4.6 assists per game, shooting 40.4% from three-point range, told CBS News.

For the upcoming season, Lowry will come off the bench for the 76ers, providing veteran leadership as a backup point guard to Tyrese Maxey. The 76ers’ bench is also expected to include experienced players like Eric Gordon, Andre Drummond, and rookie Jared McCain.

Overall, this signing adds depth and experience to Philadelphia’s roster, making them more versatile and robust as they look forward to the upcoming NBA season. Lowry’s ability to adapt and perform in various roles will be crucial for the 76ers as they aim to make a deep playoff run.

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