Follow The Fan: Facebook | Twitter

TORONTO (AP) – Toronto Raptors point guard Kyle Lowry will opt out of the final year of his contract and test free agency this summer.

READ MORE: Cowboys Lead Saints 20-10 In 4th Quarter

The three-time All-Star has one year and $12 million remaining on the four-year, $48 million deal he signed in July 2014.

READ MORE: Government Shutdown Averted: US Senate Passes Stopgap Funding Bill

Lowry averaged career bests of 22.4 points, 7.0 assists and 4.8 rebounds per game this season but was limited to 60 games because of a right wrist injury that required surgery in February.

Sidelined by a sprained left ankle, Lowry was not active Sunday when Toronto was swept in the second round of the playoffs by defending champion Cleveland. Lowry was injured in the third quarter of Game 2. He aggravated the injury while trying to warm up for Friday’s Game 3.

MORE NEWS: Fantasy Football Start Or Sit Week 13: Elijah Mitchell Looks To Take Advantage Of Seahawks' Defense

An 11-year veteran, Lowry also has played for Memphis and Houston.