The Houston Rockets and star James Harden are progressing toward a deal on the biggest contract extension in NBA history, according to ESPN's Adrian Wojnarowski and Brian Windhorst.
The new contract will keep Harden in Houston through the 2022-23 season, the team announced. ESPN reports the four-year extension starts in 2019-20 with annual salaries of $37.8 million, $40.8 million, $43.8 million and $46.8 million. It could be worth $228 million through the 2022-23 season.
"It's my pleasure to announce we've reached agreement with James Harden on a long term contract extension. Since he arrived in Houston, James has exhibited the incredible work ethic, desire to win, and passion to be the best that has made him one of the most unique and talented superstars in the history of the game," owner Leslie Alexander said in a press release. "Additionally, the commitment he has shown to our organization, the City of Houston, and Rockets fans all over the world makes him a perfect leader in our pursuit of another championship. I'm very happy for James, his mother Monja, and their family on this exciting day."
Last summer Harden signed a contract extension that runs through the 2019-20 season that was reportedly worth $118.1 million. He had two years remaining on his original deal. Under his current contract, Harden is expected to earn $28.3 million for the 2017-18 season.