Report: Rockets signing Smith to 5-year, $122M rookie extension
The Houston Rockets are set to sign forward Jabari Smith Jr. to a five-year, $122-million rookie contract extension, sources told ESPN's Shams Charania.
The contract is fully guaranteed and will keep Smith in Houston through the 2030-31 campaign.
Smith averaged 12.2 points and seven rebounds in 57 games last season. He also shot 35.4% from beyond the arc and a career-best 82.4% from the free-throw line.
The Rockets selected him third overall in the 2022 NBA Draft following a standout freshman campaign at Auburn.
It's the latest transaction in what's been an eventful offseason so far in Houston. The Rockets already acquired Kevin Durant in a blockbuster trade with the Phoenix Suns and re-signed starting point guard Fred VanVleet, among other moves.
HEADLINES
- Report: Grizzlies entertaining offers for Morant
- Thunder struggling, Jalen Johnson needs to play D, Brooks keeps winning
- Trae: 'Pain of staying the same' outweighed uncertainty in Hawks exit
- Ant becomes 3rd-youngest player to reach 10K points
- Trae might be damaged goods, but he's a worthwhile bet for Wizards