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by: Kris Gardner, United States Basketball Writers Association member. Credentialed media member since 1997. USBWA approved online journalist. Voter of Katrina McClain, Naismith, USBWA, and Wooden awards.

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Chris Paul agrees to 4-year, $160 million deal with Rockets.

Posted: June 30, 2018 -- 11:50 pm.

As the NBA's free agency frenzy began at 11:01 p.m. Central Time Saturday night, Chris Paul agreed to re-sign with the Houston Rockets. The deal is reportedly for 4 years and worth $160 million.

Paul tweeted he's returning to the Rockets.

Paul helped the Rockets to a 3-2 Western Conference Finals series lead against the Golden State Warriors before he strained his right hamstring in the final minutes of the fourth quarter in Game 5. The Rockets won a franchise-record 65 games, including a 42-3 record in games Paul, Clint Capela and James Harden all played.

According to's Bobby Marks, the yearly amounts are as follows:

Due to the NBA's moratorium, July 6 is the earliest Paul can sign the contract.

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