Veteran NBA guard Kyle Lowry is set to don the Philadelphia 76ers jersey once more, having announced he will be re-signing with the team. Taking to Instagram on Thursday, Lowry confirmed his decision to stay with his hometown 76ers, a detail also reported by NBA.com as a one-year agreement. The Philly-native and Villanova alum has become a steady hand for the squad, putting up an average of 8.0 points and 4.6 assists across 23 regular-season games during his most recent tenure with the team.

The 38-year-old, whose resume includes six All-Star appearances, has had a noteworthy journey in the NBA that spans nearly two decades, positioning him alongside only 25 others in NBA history to have such a career length, according to NBA.com. Lowry's experience is expected to add depth to an already fortified 76ers team aiming to forcefully break through the Eastern Conference and clinch a title, especially after their significant off-season acquisitions.

Lowry's team spirit was evident as he played a pivotal role in the Sixers' lineup during their playoff run, though their efforts culminated in a first-round exit against the New York Knicks, as noted by 6abc.com. Back in his hometown, Lowry is part of an aggressive drive by the 76ers who are bolstering their lineup to maximize Joel Embiid's prime years and enhance their chances at a championship quest, something the franchise hasn't accomplished since 2001.

Looking at the wider moves made by the team, Philadelphia's offseason has been robust with the acquisition of four-year, $212 million man Paul George and the re-signing of Kelly Oubre Jr. Not to mention, they've managed to clinch deals with Eric Gordon, Caleb Martin, and Andre Drummond, while ensuring Tyrese Maxey remains a long-term asset with his own five-year, $204 million extension, as reported by 6abc.com. 

Lowry's storied career includes a championship win with the Toronto Raptors in 2019 and an Olympic gold medal in 2016, milestones that have cemented his status as an elite player in the league.