Jalen Green a agrees to three year $106 million rookie contract extension

Jalen Green and the Houston Rockets have reached an agreement to renew his rookie contract for three more years.

Houston Rockets guard Jalen Green has agreed to a three-year, $106 million rookie contract extension, CAA’s Aaron Minz, Andrew Morrison and Shakira Wardally tell ESPN. The deal includes a player option for a third season, giving Green a chance to increase his earning potential in the future. Jalen Green is the first NBA player to successfully negotiate a 2-plus-1 rookie extension with a nine-figure contract.

For Green, 22, the deal represents another breakthrough moment. He became the NBA’s G League Ignite pioneer as the first 2020 signing, then was selected No. 2 overall by the Rockets in the 2021 draft.

The three-year deal gives Green short-term financial flexibility and the opportunity to earn more than $240 million in total over the next five years-more than the current maximum of $224 million-thanks to the ability to extend his contract starting in October 2026 and the ability to opt out at age 25.