Posted by Royce Young
Houston general manager Daryl Morey tweeted at about 2:30 ET :
Congratulations to Kyle Lowry on signing his new deal. We plan to match the agreement and we are excited he will be returning to the Rockets The offer the Cavs gave was for three years with a fourth-year team option that could make the contract worth up to $24 million. Brian Windhorst said Cleveland tried to a sign-and-trade for Lowry before doing offer sheet. The Rockets obviously declined.
Lowry came to Houston from Memphis in a three-way trade that also involved the Magic. Last season as a backup, Lowry averaged 9.1 points per game and 4.5 assists per game in just 24 minutes a night playing behind Aaron Brooks.
Another Rocket, Luis Scola is also a free agent and has been considered by a couple teams. However, like Lowry, Morey said he intends on matching any offer that comes to Scola as well.