Dwight Howard is Houston-bound, after all.

The All-Star center told ESPN's Stephen A. Smith on Friday night that he will leave the Los Angeles Lakers and sign a free-agent contract with the Rockets after the league lifts its annual moratorium on player business Wednesday.

Howard confirmed his decision on Twitter.

I've decided to become a member of the Houston Rockets. I feel its the best place for me and I am excited (cont) http://t.co/h8WK4yP3zB

Howard said he feels the Rockets give him the best chance at winning his first NBA title.

"[A championship is] the priority. That's the priority. [Shoot], I'm betting $30 million on it," Howard told ESPNLosAngeles.com in a phone interview Friday night, referencing the amount of money he likely will leave on the table by bolting Los Angeles for Houston.

"I just looked at both teams and I felt like Houston was going in one direction -- they got a lot of young players, they got a good coach in Kevin McHale and I just felt like having him as a coach, he could really help me in the post and help me develop like I want to. That was mainly the big reason right there, and having the opportunity to grow with a team, a young team, like the Rockets. That's the reason why [I decided to leave]."

Lakers general manager Mitch Kupchak said Howard informed the organization that he would not return to Los Angeles.

"Naturally we're disappointed," Kupchak said in a statement on the team's website. "However, we will now move forward in a different direction with the future of the franchise and, as always, will do our best to build the best team possible, one our great Lakers fans will be proud to support. To Dwight, we thank him for his time and consideration, and for his efforts with us last season. We wish him the best of luck on the remainder of his NBA career."

Earlier, a source told ESPN The Magazine's Chris Broussard that Howard had contacted the Lakers, telling them he was 50-50 on his decision to sign with either them or the Rockets. That call came hours after a person from his camp informed the team that he would not re-sign with Los Angeles, according to the source.

"He changed his mind," the source said. "Hey, he's Dwight. What can you say."

Sources said Howard had a possible change of heart because of the extra $30 million he would be leaving on the table if he signed with Houston. The Lakers could have given Howard a five-year deal worth $118 million while Houston can offer $88 million over four years. The deal will reportedly include an early termination option in the fourth year, giving Howard the chance to become a free agent again after the 2015-16 season.

After thinking about it on the flight, a source told ESPNLosAngeles.com, Howard felt solid about leaving Los Angeles for Houston and called Kupchak to inform him of his decision.

Howard said he's happy the process is finished.

"I'm relieved," Howard said. "Now I can just really concentrate on what I've been trying to concentrate on all summer, just getting better."

Howard ended up spending just one season with the Lakers, averaging 17.1 points and 12.4 rebounds in 76 games.

"It was tough," Howard said of leaving Los Angeles. "I enjoyed, for the most part, living here in L.A. I just really think the timing in L.A., it wasn't right for me. Maybe two years ago, or 2-3 years from now, it would have been the right time. But I just think right now the timing was off for me. That's not saying that L.A. is a bad place, but I just think it's all about timing and fit when you're talking about basketball. You can put anybody together on the court and expect them to win, but the pieces have to really fit in order for a team to be successful and it was very, very tough, man. It's probably one of the toughest decisions I've ever had to make in my life."

A Lakers source in the team's pitch meeting for Howard last Tuesday said they felt Howard essentially had "made up his mind" before even meeting with them and described him as "emotionless."

"He would barely look us in the eye," the source said.