I think why Lowry was not traded for the Lakers is that Toronto is asking too much, THT, Harrell and Dennis Schröder. I think Raptors is asking too much.
Lakers understand the value of their assets, they'll not going to any deal that they won't gain any compensation. If Raptors are asking for this two players for getting Lowry which is no longer at his prime.
Lowry might add good offensive stuff but they don't need it that much once LeBron and AD are there to work for them, maybe that's why the deal didn't materialize.
Raptors will keep him till summer and have his free agency, let see if who will sign him up after this season.
I'm afraid Lowry will not be effective in the Lakers, he is a born point guard and we know who is playing the point guard with the Lakers. Lowly deserve to be in a team that could help him utilize his talent and for sure that is not the Lakers, sorry but I'm not happy it the trade could have happen.
That would be a shame for Lakers if they are wanting to acquire Lowry and they will not give them a role to help the team in winning. Lebron might be playing the PG but they could change their game plan once another star player will join the team, but its Raptors just ask too much and Lakers are not stupid to gamble Lowry which is not anymore getting any younger.