Kyle Lowry signs Cavs offer sheet

The Cleveland Cavaliers have signed Houston Rockets restricted free agent point guard Kyle Lowry to a contract offer sheet, Cavaliers General Manager Chris Grant announced today.  Per league and team policy, terms of the contract were not announced.

Lowry played in 68 games this past season for the Houston Rockets.  He averaged 9.1 points on .397 shooting, 3.6 rebounds and 4.5 assists in 24.3 minutes per game.  The 6-0 guard was selected by the Memphis Grizzlies with the 24th overall draft pick in the 2006 NBA Draft. In four seasons in the NBA, Lowry has career averages of 8.7 points on .421 shooting, 3.0 rebounds, 3.8 assists and 1.0 steal in 23.6 minutes per game.

The Rockets will now have seven days to match the Cavaliers offer and retain Lowry’s services. If not, Lowry will become a member of the Cavaliers.