James Harden and the Houston Rockets have agreed to a four-year extension, the team announced Saturday. The contract is a supermaximum extension that will guarantee him $228 million through the 2022-23 season, league sources told ESPN.

Harden, the runner-up to Russell Westbrook for the NBA's MVP this season, has two years and $59 million left on his current contract. The four-year extension carries a value of $170 million and is the richest extension in the NBA history.

The Rockets have fast-tracked the Harden extension with the arrival of All-Star guard Chris Paul, and are turning full attention to completing a deal with the New York Knicks to acquire eight-time All-Star forward Carmelo Anthony in a trade, league sources said.

With the megadeal, Harden is taking advantage of brand new CBA rules that enable contract extensions for superstars. He became eligible to add four years to his deal after making the All-NBA team in May and the Rockets became focused on locking him into an extension after their season ended.
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