NBA Trade Verdict

Raptors Win

Trading Kyle Lowry was painful in isolation but strategically balanced by the pick Houston received.

July 11, 2012 Houston Rockets / Toronto Raptors Record confidence: High

Houston Rockets Received

  • Player Gary Forbes
  • Draft Pick first-round pick (protected top 3 and #15-30 in 2013, top 2 and #15-30 in 2014-15, top 1 and #15-30 in 2016-17, unprotected in 2018) (2013 #12- Steven Adams )

Trade Analysis

Houston Sold Lowry for a Protected First and Gary Forbes

Toronto acquired Kyle Lowry from Houston on July 11, 2012. The Rockets received Gary Forbes and a future first-round selection with a sequence of year-specific protections, eventually No. 12 in 2013. The actual player selected using that choice was Steven Adams, but the pick was routed onward before Houston could use it on its own roster. The distinction between a transferred draft asset and later production by a player drafted elsewhere is essential to the trade's accounting.

Lowry Became Toronto’s Franchise Point Guard

Lowry went on to years of All-Star play for the Raptors and became part of the club's championship era. His influence was not limited to one season's scoring: the team acquired a primary organizer whose defense, leadership and competitive identity lasted through several Toronto playoff teams. The title run is a real franchise outcome of having Lowry, although no single 2012 trade alone explains a championship won years afterward. Toronto obtained the stronger direct long-term player return.

Houston’s Pick Still Helped It Acquire Harden

The Houston return should not be written off because Lowry became so important in Toronto. The protected Toronto first entered the larger James Harden acquisition package, giving the Rockets meaningful trade capital. That package later produced Steven Adams as the eventual No. 12 pick, but Houston's credited value is its use of the draft asset in the Harden deal, not Adams's later minutes for Oklahoma City. Forbes was the separate incoming player and did not outweigh the pick in the completed evaluation.

Final Verdict

Raptors Win. Toronto gets A+ for Kyle Lowry's multiyear All-Star and championship-era contributions. Houston earns A- because the Toronto first-round asset it received helped finance the James Harden trade, alongside Gary Forbes. Both teams used their incoming assets well; Toronto secured the better direct player career.

Research sources (4)