Harden, Rockets Agree On Contract Extension Through 2020

James Harden has agreed to a contract extension that will keep him with the Houston Rockets through 2020, according to The Vertical's Adrian Wojnarowski:

Sources on @TheVertical: All-Star James Harden has agreed to a 4-year, $118M contract renegotiation that takes him through 2020 in Houston.

— Adrian Wojnarowski (@WojVerticalNBA) July 9, 2016

The deal allows Harden to get raises on his 2016-'17 and 2017-'18 contracts using Rockets cap space -- plus two additional year at max rate.

— Adrian Wojnarowski (@WojVerticalNBA) July 9, 2016

Sources: Over the next four years, Harden will now earn: $26.5M, $28.3M, $30.4M and a player option for $32.7M in 2019-'20.

— Adrian Wojnarowski (@WojVerticalNBA) July 9, 2016

Harden, the face of the Rockets franchise, was entering the last guaranteed year of his five-year, $80 million deal he signed with the Rockets in 2012, though Houston held a team option for the 2017-18 season.

He was due to make over $16.7 million this season - now he will make an average of $29.5 million over the next four years. The final year of the extension is a player option.

Harden averaged 29.0 points, 7.5 assists and 6.1 rebounds per game last season. 

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