Depending on what happens with LeBron James (and then eventually Dwyane Wade and Chris Bosh), the Miami Heat may have nothing outside of their mid-level exception to use in free agency or they may have a ton of cap room if said players were to leave.

Of course, the latter isn’t expected to happen and despite rumors suggesting that James is reportedly getting close to opting out of his contract, many believe it’s simply to re-work a new deal.

If that does happen, it’s expected that the Miami Heat will show interest in current Toronto Raptors free agent point guard, Kyle Lowry. According to Brian Windhorst (via HoopsRumors), the two share a mutual interest.

“There’s mutual interest between the Heat and Kyle Lowry, according to Brian Windhorst of ESPN.com, who spoke this morning in an appearance on ESPN’s SportsCenter.”

Lowry was of course on the trading block for the Raptors this past season, though given their unexpected success the Raptors decided to keep Lowry for a postseason run and suggested they’d like to sign him to a new deal after this season.

The former Houston Rockets guard seemed to be open to the idea, though if James, Bosh and Wade all return to South Beach and the Heat come calling with a mid-level exception deal, it might be difficult for the veteran to pass up.

Granted, he’ll be able to get more money elsewhere though turning down an opportunity to play with James and the Heat isn’t something many players have been willing to do.