According to USA TODAY Sports, Harden and the 76ers have agreed to terms on a two-year, $68.6 million contract extension. ESPN and Yahoo Sports were the first to report on the contract’s announcement. The agreement includes a player option for the 2023-2024 season, according to ESPN’s source.
The new contract will result in a significant pay cut for Harden. On the eve of free agency, he decided not to exercise his player option for the 2022-23 season, which would have paid him $47.3 million. Harden has indicated that he intends to negotiate a new contract with the Sixers, which would give the team more financial flexibility and allow them to make roster upgrades this offseason.
“It was very important to me this year to take less money and sign as many players as we needed to help us contend and be the last team standing,” Harden told the Associated Press earlier this week. “It was very important to me this year to spend less money to sign as many players as we needed to help us contend and be the last team standing.” “I wanted to show the organisation, Sixers fans, and anyone else who supports what we’re trying to do, as well as what I’m trying to do, that this is what I’m about,” he said. “This is what I’m attempting to achieve.”
P.J. Tucker and Danuel House Jr. were both signed as free agents by the Sixers, and De’Anthony Melton was acquired in a trade with the Memphis Grizzlies.
“We got some pretty excellent pieces this summer, so now it’s time for us to go do the hard work,” Harden, who turns 33 on August 26, said. Harden turns 26 on August 26.
Harden, who was acquired by the Sixers in a blockbuster trade from the Brooklyn Nets at the deadline in February, appeared in 21 games for the Sixers during the stretch run, averaging 21.0 points, 10.5 assists, and 7.1 rebounds per game. During the playoffs, he only managed 18.6 points, 8.6 assists, and 5.7 rebounds, which contributed to Philadelphia’s second-round elimination at the hands of the Miami Heat.
Brooklyn acquired Harden in a trade with the Houston Rockets at the start of the 2020-21 season. Harden, Kevin Durant, and Kyrie Irving appeared in only 16 games together for the Nets while they were title contenders while Harden was on the team. Harden was then traded to the Philadelphia 76ers for Ben Simmons, Seth Curry, and Andre Drummond.
Harden will be in his 14th season of professional basketball in 2022-23. He was chosen third overall in the 2009 draught, and he has been named to the All-Star and All-NBA teams ten times. He was named Most Valuable Player in 2018 and was named to the NBA’s 75th Anniversary Team in October of last year.