Raptors acquire Houston point guard Kyle Lowry

Houston Rockets guard Kyle Lowry reacts after he is called for a foul during the second half of their NBA basketball game against the Portland Trail Blazers in Portland, Ore., Monday, April 9, 2012. (AP /Don Ryan)

HOUSTON-- It may not be Steve Nash, but it appears the Toronto Raptors have a new point guard.

Multiple sources reported Thursday that the Raptors have acquired Kyle Lowry in a trade with the Houston Rockets. The Houston Chronicle reported that the Rockets will get a package built around a future first-round draft pick in return.

The reported move comes a day after Nash's agent said the Canadian star would be joining the Los Angeles Lakers as part of a sign-and-trade deal with Phoenix. The Raptors had reportedly offered Nash a three-year deal worth US$36 million.

A recent posting on Lowry's Twitter account indicated the guard is leaving the Rockets.

"I just want to thank the city of Houston and the fans for showing me love like I was one of y'all own, and I'll always keep that in my heart," he tweeted.

Lowry averaged 14.3 points and 6.6 assists per game for the Rockets last season. Over seven seasons with Memphis and Houston he had averaged 10.4 points, 4.8 assists and 3.5 rebounds per game.