Jabari Smith Jr. Set to Ink $122 Million Rookie Contract Extension with Rockets

Jabari Smith Jr. Secures Lucrative Rookie Contract Extension

Jabari Smith Jr., a forward for the Houston Rockets, is set to secure a lucrative rookie contract extension worth $122 million over five years, according to information obtained by ESPN. This fully guaranteed agreement, which extends through the 2030-31 NBA season, was reached following discussions between Rockets’ management and Smith’s representative, Wallace Prather from LIFT Sports Management.

Smith’s Impact on the Rockets

As the third overall pick in the 2022 NBA Draft, Smith has been regarded by the Rockets as a crucial component of their future success. This past season, he played a significant role in the team’s resurgence, helping elevate the Rockets to the second seed in the Western Conference and marking their return to the playoffs for the first time in five years.

Performance Highlights

At just 22 years old, Smith had an average of 12.2 points and 7.0 rebounds per game, despite facing challenges due to a fractured left hand that sidelined him in January. While he struggled with his three-point shooting throughout the season, he showcased his potential during the playoffs, achieving an impressive 45.5% shooting from beyond the arc.

Offseason Developments

The finalized extension comes amid a notably active offseason for the Rockets, coinciding with their high-profile acquisition of star player Kevin Durant. Throughout the trade negotiations with the Phoenix Suns, the Rockets firmly declined to include Smith in the talks, emphasizing his importance to the organization’s long-term plans.

Roster Enhancements

In addition to Smith’s extension, the Rockets have also made strides to solidify their roster by reaching agreements with players like Fred VanVleet, Jae’Sean Tate, Aaron Holiday, and Jeff Green, while also extending the contracts of center Steven Adams and head coach Ime Udoka in the last couple of weeks.