Houston rockets guard, James Harden has signed a contract extension worth a reported $228 million dollars which is the richest in National Basketball Association history. The contract is a super maximum extension, the most money any player has ever received. Additionally, Harden signed a contract extension that runs through the 2019-2020 season worth $118.1 million according to Sports Illustrated. He became the only player in National Basketball Association history to get at least 2,000 points, 900 assists and 600 rebounds in the same season. Harden was able to take advantage of the new rule after earning first-team all-NBA honors after last season, the second time in three years he earned that honor. Harden, who was the runner-up to Russell Westbrook for this season's NBA MVP, now has two years and $59 million left on his current deal.
According to the terms of last summer's extension, Harden will earn $28.3 million next season and $30.4 million during the 2018-19 season before the new DPVE terms kick in.
"I am pleased to announce that we have reached an agreement with James Harden on an extension of long-term contract, said the owner of the Rockets, Leslie Alexander in a statement released by the Rockets".
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He added that Harden's "incredible work ethic, desire to win, and passion to be the best" make him "the ideal leader in our pursuit of another championship". "I'm very happy for James, his mother Monja, and their family on this exciting day".
League sources told ESPN that the Rockets have "turned full attention to" completing a deal for the New York Knicks star. The Rockets finished the season as the NBA's biggest overachievers relative to preseason expectations, ranked second in offensive efficiency behind the Warriors, and set an National Basketball Association record for three-point attempts.