Well, Steph Curry curry held the record for largest contract in NBA for a whole seven days. That’s right folks, this is the world we live in now. The new NBA collective bargaining agreement allows teams to pay superstar players exorbitant amounts of money for contract extensions. It was time for James Harden to get paid and get paid he did, to the tune of $228 million.
Houston has been making moves this off season. They already picked up Chris Paul and all signs are pointing to them snagging Melo before all is said and done.
Any way…
James Harden is rich as fuck.
Oh, and there is no income tax in the state of Texas.
ESPN: James Harden and the Houston Rockets have agreed to a four-year extension, the team announced Saturday. The contract is a supermaximum extension that will guarantee him $228 million through the 2022-23 season, league sources told ESPN.
Harden, the runner-up to Russell Westbrook for the NBA’s MVP this season, has two years and $59 million left on his current contract. The four-year extension carries a value of $170 million and is the richest extension in NBA history.
The Rockets have fast-tracked the Harden extension with the arrival of All-Star guard Chris Paul and are turning full attention to completing a deal with the New York Knicks to acquire eight-time All-Star forward Carmelo Anthony in a trade, league sources said.
With the megadeal, Harden is taking advantage of brand-new CBA 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, and the Rockets became focused on locking him into an extension after their season ended.