In a story first broken by ESPN.com, the Houston Rockets have agreed to send disgruntled point guard Kyle Lowry to the Toronto Raptors.
In exchange, the Rockets will receive a “conditional” first-round pick as well as forward Gary Forbes from Toronto.
While the terms of the draft pick have yet to be fully disclosed, it’s being said that the Raptors and Rockets are working on something “innovative” as far as how protected the pick will be.
Lowry averaged 14.3 points, 6.6 assists and 4.6 rebounds in 47 games last season for Houston.
Grade for Toronto: A
Talk about an immediate recovery for Toronto.
After losing out on Canadian all-star Steve Nash less than 24 hours ago, the Raptors now land a point guard who is younger, just as skilled and worth almost 1/3 of the money Nash would have made.
With 2 years and less than $12 million dollars left on his deal, Lowry is considered to be an absolute steal.
Adding Kyle to a young core of Bargnani, Valanciunas, DeRozan, Ross and now Landry Fields will bring some serious optimism and hope to a fan-base that is in desperate need of good times.
It still remains to be seen how protected this pick will be, but with the 2013 draft class appearing to be weak, it shouldn’t hurt Toronto too much in the long haul.
Considering the details of the pick have yet to be fully released, the Raptors may in fact end up keeping the pick depending on its protection in the lottery.
Grade for Houston: D +
What exactly were the Rockets thinking on this one?
With Goran Dragic recently signing on with the Phoenix Suns and now Lowry’s trade to Toronto, the Rockets currently have no starting point guard.
Houston is rumoured to be in the running for Jeremy Lin, but as a restricted free-agent, the Knicks have every right to match whatever offers come Lin’s way.
Even so, the Rockets didn’t get a heck of a lot back in exchange for what was arguably one of the best players on the roster last season. The draft pick is nice, but it could easily end up staying with the Raptors depending on its conditions.
Gary Forbes is a scrub who will more than likely ride the pine for the majority of the season.
Jonathan Feigen (beat writer for Houston Chronicle) has released details behind the protection of the Raptors pick via his Twitter account…
Rockets-Raptors pick will be protected both ways. Rockets won’t get it if too high, but also will wait if Raptors season makes it too late.
— Jonathan Feigen (@Jonathan_Feigen) July 5, 2012
Christopher Walder is a sports blogger and lead editor for Sir Charles in Charge. You may follow him on Twitter @WalderSports