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Kyle Lowry joins Toronto Tempo ownership after Raptors retirement

Published July 8, 2026 at 1:13 PM UTC

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In a significant development for Canadian basketball, former Toronto Raptors star Kyle Lowry has become a part-owner of the Toronto Tempo, a professional basketball team in the Canadian Elite Basketball League (CEBL). This move marks a new chapter in Lowry's life following his retirement from the NBA and his storied tenure with the Raptors.

Lowry, who spent nine seasons with the Raptors, is widely regarded as one of the franchise's greatest players. His leadership and contributions were instrumental in the team's success, including their historic 2019 NBA Championship victory. After retiring from professional basketball, Lowry has expressed a desire to remain involved in the sport and contribute to its growth in Canada.

The Toronto Tempo, established in 2019, has quickly become a prominent team in the CEBL. The league has been instrumental in providing Canadian basketball players with opportunities to play professionally at home, and the Tempo has been at the forefront of this movement. Lowry's involvement is expected to bring increased visibility and credibility to the team and the league as a whole.

In a statement, Lowry expressed his excitement about this new venture: "Joining the Toronto Tempo ownership is a natural progression for me as I look to stay connected to the game I love. I'm excited to work with the team and the league to continue growing basketball in Canada."

The CEBL has been expanding its reach and influence in Canadian sports, and Lowry's involvement is seen as a significant endorsement of the league's mission. His experience and stature in the basketball community are expected to attract more fans and players to the league, further elevating the profile of Canadian basketball.

Lowry's decision to invest in the Toronto Tempo also highlights the growing trend of former professional athletes taking on ownership roles in sports organizations. This trend reflects a desire to remain connected to the sport and to have a lasting impact on its development and success.

As the Toronto Tempo prepares for the upcoming season, fans and analysts alike are eager to see how Lowry's involvement will influence the team's performance and the broader landscape of Canadian basketball. His leadership and vision are anticipated to play a pivotal role in shaping the future of the team and the league.