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Kyle Lowry agrees to buyout, set to join Philadelphia 76ers

Kyle Lowry has agreed to a contract buyout with the Charlotte Hornets.

In a recent development, Charlotte Hornets guard Kyle Lowry has reached an agreement on a contract buyout, opening the door for his potential signing with the Philadelphia 76ers once he clears waivers. This news comes from Mark Bartelstein of Priority Sports, who shared the information with ESPN's Adrian Wojnarowski.

The addition of Lowry will provide the 76ers with increased backcourt depth following the trade that sent Patrick Beverley to the Milwaukee Bucks just last week. Although Lowry was initially involved in the Terry Rozier deal last month, which saw him move from the Miami Heat to the Charlotte Hornets, he did not see any playing time with his current team this season.

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