James Harden will reportedly sign a 1+1 contract (one year guaranteed, player option for the second season) that will include a $15 million paycut for the 2022-23 season, according to Shams Charania of The Athletic.
Sources: James Harden is taking a $15 million paycut for next season that allowed Philadelphia to elevate roster — with sole focus on a championship run in 2023. Harden opted out of his $47M player option and now plans to sign a new two-year deal with a player option in Year 2.
— Shams Charania (@ShamsCharania) July 8, 2022
A $15 million paycut off of the $47.4 million player option he declined would put him at $32.4 million for this season. With max (8%) yearly raises that would put his player option for 2023-24 at just under $35 million. I've updated my salary cap sheet with these estimates. I'll update it once again when we have the exact details.
A quick overview of the short, and long, term implications of the contract.
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