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James Harden, Houston Rockets agree on record contract extension

By The Sports Xchange
James Harden of the Houston Rockets puts up a shot in front of Golden State Warriors guard Klay Thompson. Photo by Terry Schmitt/UPI | <a href="/News_Photos/lp/aaae1cbf73127a806983581cf88bd9d3/" target="_blank">License Photo</a>
James Harden of the Houston Rockets puts up a shot in front of Golden State Warriors guard Klay Thompson. Photo by Terry Schmitt/UPI | License Photo

James Harden and the Houston Rockets agreed on a four-year contract extension that is the richest in NBA history.

The contract is a super-maximum extension that will guarantee Harden $228 million through the 2022-23 season, league sources told ESPN's Adrian Wojnarowski and Brian Windhorst on Saturday.

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"Houston is home for me," Harden said in a statement released by the Rockets. "(Owner Leslie Alexander) has shown he is fully committed to winning and my teammates and I are going to keep putting in the work to get better and compete for the title."

Harden, runner-up for the NBA's Most Valuable Player award last season, has two years and $59 million left on his current contract. The four-year extension carries a value of $170 million.

The Rockets fast-tracked the Harden extension with the arrival of All-Star guard Chris Paul from the Los Angeles Clippers, and reportedly are trying to complete a deal with the New York Knicks for eight-time All-Star forward Carmelo Anthony.

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With the mega-deal, Harden is taking advantage of new collective bargaining agreement rules that enable contract extensions for superstars. He became eligible to add four years to his deal after making the All-NBA team in May.

Harden is coming off a career-best season in which he averaged 29.1 points, a league-best 11.2 assists and 8.1 rebounds per game.

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