According to Brian Windhorst, the Cavs have used their mid-level exception to sign restricted free agent Kyle Lowry to a 3-year, $24 million deal.â†µ
We aren’t out of the woods yet, as Windhorst also notes that the Rockets may very well match the offer.â†µ
Last season Lowry averaged 9.1 points, 3.6 rebounds and 4.5 assists per game. His shoot percentage was low (.397) but he is known for tough, hard nosed defense.â†µ
Stay tuned, the Cavs' rebuilding may have just started.