Kyle Lowry has confirmed he will opt out of the final season of his contract with the Toronto Raptors.

“I will be opting out and that’s as far as I’ve gotten,” Lowry said. “Honestly, that is as far as I’ve gotten. We lost yesterday. I still have to get my ankle healthy, get treatment, get to that point.”

Lowry missed the final two games of the season with a sprained left ankle.

Lowry expects the decision to be difficult. Lowry re-signed with the Raptors in 2014.

“It’s something I have been through before — this will be my third time — so it’s fun but it’s a little stressful too because you are making a decision on your family . . . a new franchise, an old franchise, it’s always something that you are changing and it is a stressful decision.”

Lowry will prioritize his chances of competing for a title.

“A ring. Nothing else. I just want a ring,” he said.

Lowry was asked if he believes he can do that with the Raptors.

“I think I can do that anywhere I play,” he said. “That’s just how confident I am.”