American professional basketball player for the Houston Rockets , James Harden, has agreed to the largest extension in National Basketball Association (NBA) history, which is accepting a deal that will pay him $227.9 million over the next six seasons.
As a member of the NBA’s All-NBA team this past season, Harden became eligible for a Designated Player Extension (DPE).
According to ESPN’s Bobby Marks, Harden is still owed $58.7 million over the next two seasons. The extension will add four more years to the deal, with those four seasons worth a total of $169.2 million, giving Harden’s total deal an average annual value of $38.0 million.
Harden’s salaries in his new extension will start at $37.8 million and will grow by 8% each year, reaching $46.8 million in the 2022-23 season.
Houston Rockets is said to have confirmed the signing.