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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.
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.
UNFINISHED BUSINESS...RUN IT BACK ?????? pic.twitter.com/KwWcsp6lx6— Chris Paul (@CP3) July 1, 2018
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 ESPN.com's Bobby Marks, the yearly amounts are as follows:
The breakdown of the $160M Chris Paul contract is: $35.6M, $38.5M, $41.4M and $44.2M. Paul is now the second highest paid point guard, only behind Steph Curry at $37.5M.— Bobby Marks (@BobbyMarks42) July 1, 2018
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