Rockets’ Jalen Green agrees to 3-year, $106M extension

Houston Rockets guard Jalen Green has agreed to a three-year, $106 million rookie contract extension with the franchise, CAA’s Aaron Minz, Andrew Morrison and Shakira Wardally told ESPN.

The deal includes a player option in the third season, providing Green the ability to increase his earning potential down the road, sources said.

Green is the first NBA player ever to successfully negotiate a 2-plus-1 rookie extension on a nine figure deal.

For Green, 22, the agreement is another trend-setting moment. He became the pioneer for the NBA’s G League Ignite as the first signing in 2020, then went No. 2 overall to the Rockets in the 2021 draft.

The three-year deal provides Green with financial flexibility in the short term and the ability to earn more than $240 million total over the next five years — more than the $224 million current maximum — because of his extension eligibility as soon as October 2026 and the ability to opt out at the age of 25 years old.

Source: espn.com