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Jabari Smith Jr.'s top plays from the 2024-25 NBA season (1:58)
Check out Jabari Smith Jr.'s top plays as he plans to sign a five-year, $122 million contract extension with the Rockets. (1:58)
Houston Rockets forward Jabari Smith Jr. intends to sign a five-year, $122 million rookie contract extension, sources told ESPN.
Rockets officials and Smith's agent, Wallace Prather of LIFT Sports Management, negotiated the fully guaranteed deal through the 2030-31 season. The Rockets have held significant belief in Smith, the No. 3 overall pick in the 2022 NBA draft, and the sides worked toward a deal quickly this offseason.
Smith was part of a young Rockets core that blossomed into a force this past season, helping Houston to the No. 2 seed in the Western Conference and its first postseason appearance in five years.
Smith, 22, averaged 12.2 points and 7.0 rebounds during a campaign that was disrupted by a broken left hand in January. Smith has struggled to find consistency with his 3-point shot but flashed his potential in the postseason by canning 45.5% of his looks from distance.
He's the only player from the 2022 draft class to accumulate 2,500 points and 1,500 rebounds so far in their NBA careers, according to ESPN Research.
The agreement is the latest in a busy early offseason for Houston, highlighted by the blockbuster acquisition of Kevin Durant. As the Rockets negotiated the Durant trade, the franchise continually rebuffed requests from the Suns to include Smith, making clear that Smith was part of Houston's long-term core, sources said.
The Rockets have also agreed to deals to retain Fred VanVleet, Jae'Sean Tate, Aaron Holiday and Jeff Green and gave extensions to Steven Adams and head coach Ime Udoka over the last two weeks.
