Bloomberg News

Harden Signs Multiyear Contract Extension With Houston Rockets

November 01, 2012

James Harden, the National Basketball Association’s reigning Sixth Man of the Year as the top player off the bench, signed a multi-year contract extension four days after being acquired by the Houston Rockets.

“James Harden is the foundational-type player we have been looking to add,” Rockets owner Leslie Alexander said yesterday in a team release. “He is ready to make the next move up to join the elite players in the NBA.”

The team, which got Harden in a trade with the Oklahoma City Thunder, didn’t disclose the terms of the contract. The five-year deal is worth $80 million, according to the Associated Press, which didn’t say where it got the information.

Harden, 23, averaged 12.7 points, 3.4 rebounds and 2.5 assists in 220 regular-season games with Oklahoma City. He was a member of the U.S. squad that won a gold medal at the London Olympics in August.

The Rockets also picked up the options for the 2013-14 season on the contracts of forward Marcus Morris and forward/center Patrick Patterson.

To contact the reporter on this story’’ Nancy Kercheval in Washington at nkercheval@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup at Bloomberg.net


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