Sources – Heat acquire Hornets’ Terry Rozier for Kyle Lowry, pick

The Charlotte Hornets are trading guard Terry Rozier to the Miami Heat for a 2027 first-round pick and Kyle Lowry, sources told ESPN's Adrian Wojnarowski on Tuesday.

The first-round pick in the deal is lottery protected for 2027 and unprotected if it passes through 2028, sources told Wojnarowski.

Rozier, 29, is averaging a career-high 23.2 points per game this season, along with 6.6 assists (also a career high) and 3.9 rebounds. He is in his fifth season with the Hornets after starting his career with the Boston Celtics.

Lowry, 37, is averaging 8.2 points per game, 4.0 assists and 3.5 rebounds. The six-time All-Star is in his third season with the Heat.

The Hornets have no immediate plans to work on a buyout with Lowry and are expected to see if they can complete another trade for him before the Feb. 8 deadline, sources told Wojnarowski.

The Heat (24-19) are sixth in the Eastern Conference standings. The Hornets are 10-31 this season.