Kyle Lowry free agency update: Pelicans open up space to pursue star; Lakers, Heat also interested, per report

Article Summary:
The New Orleans Pelicans have emerged as a possibility for Lowry, according to Marc Stein. The Pelicans are sending Steven Adams and Eric Bledsoe to Memphis in a deal that could get them to around $34 million in cap space. The deal should position the Pelicans to make a strong offer for Lowry, or should they fail, keep Ball and Hart while also spending the non-taxpayer mid-level exception.
The current iteration of the Pelicans is so asset-rich after trading Davis and Jrue Holiday that they are perhaps better-equipped to take such a risk.
