The Toronto Raptors are in a good position to re-sign Kyle Lowry on a deal that pays him at least $12 million per season, but no deal has been reached.

Lowry became an All-Star caliber point guard this season with the Raptors, though he made appearances in trade discussion reports last December.

The Miami Heat, Houston Rockets and Los Angeles Lakers are expected to be the rival teams interested in Lowry.