The Miami Heat have acquired veteran guard Terry Rozier from the Charlotte Hornets in exchange for six-time All-Star Kyle Lowry and a 2027 first-round pick, which is lottery protected for 2027 and becomes unprotected in 2028.

Rozier, who turns 30 in March, is having a career year averaging 23.2 points and 6.6 assists while shooting 45.9% from the field this season, all career highs. Rozier and the Hornets had agreed to a four-year, $97 million maximum contract extension ahead of the 2021-22 season that would have kept him in Charlotte through 2026.

Lowry, who turns 37 in March, is on a $29.7 million expiring contract, and the Hornets are expected to attempt to find another trade for him ahead of the Feb. 8 deadline, per ESPN’s Adrian Wojnarowski. The guard is averaging 8.2 points, four assists and 3.5 rebounds per game this season.

Editorial credit: Leonard Zhukovsky / Shutterstock.com