Houston Rockets general manager Daryl Morey announced via his Twitter feed on Wednesday that the Rockets would be matching the four-year, $24 million offer the Cavaliers signed Lowry to on Tuesday night.

Houston had a week to consider matching the offer but barely took 12 hours.

According to a source, the Cavs attempted to work out a sign-and-trade offer for Lowry before presenting the offer sheet, but the Rockets declined to take part.