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.Back to the Houston Rockets Newsfeed