NBA Market: Houston Rockets to extend Jabari Smith's contract

Free Agency: Houston Rockets forward, Jabari Smith Jr., intends to sign a rookie contract extension for five years and $122 million, as sources informed ESPN.

The Rockets' management and Smith's agent, Wallace Prather of LIFT Sports Management, negotiated a fully guaranteed agreement that will tie him to the franchise until the 2030-31 season. Houston has shown great confidence in Smith, who was the third pick in the 2022 NBA Draft, and both parties quickly moved towards a deal during this postseason.

Smith, 22, was part of the Rockets' young core that emerged as a significant force in the last season, leading the team to second place in the West and its first playoff appearance in five years.

During the season, Smith averaged 12.2 points and 7.0 rebounds, in a campaign marked by a left hand fracture suffered in January. Although he has struggled to maintain consistency in his three-point shooting, he showcased his potential in the playoffs by hitting 45.5% of his attempts from long range.

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