As expected, the Houston Rockets will match the Cavaliers offer for PG Kyle Lowry.
News broke as Daryl Morey said via Twitter:
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
Lowry was a key part of the Rockets' rotation last year, averaging nearly 25 minutes a game.
Update (3:30 p.m.): The Rockets have officially re-signed Lowry. The deal is done.