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Auburn Star Jabari Smith Inks $122 Million Extension With Rockets

Originally posted on Athlon Sports | By Joshua Rosenblum | Last updated Jun 29, 2025 11:33 PM ET

In a blockbuster move that signals big plans for the Houston Rockets, former Auburn standout Jabari Smith Jr. is set to sign a five-year, $122 million rookie contract extension, as reported by ESPN insider Shams Charania on Sunday evening.

The deal, negotiated with his agent Wallace Prather of LIFT Sports Management, is fully guaranteed through the 2030-31 season, locking in the No. 3 pick from the 2022 NBA Draft as a cornerstone of the Rockets' young core.

Smith, who averaged 12.2 points and 7.0 rebounds last season despite a mid-year hand injury, showcased his potential in the playoffs with a sizzling 45.5% three-point shooting rate.

His unique blend of size, skill, and upside—evidenced by being the only player from his draft class with 2,500 points and 1,500 rebounds—has convinced the Rockets to invest heavily.

This extension comes on the heels of the Rockets' acquisition of Kevin Durant, hinting at a championship-caliber vision.

The move has sparked mixed reactions. Fans and analysts praise the $24 million annual commitment as a steal for a 22-year-old with All-Star potential, especially given his limited playoff minutes.

Yet, some question the hefty price tag for a player still finding consistency. The Rockets’ faith in Smith, reinforced by their refusal to include him in the Durant trade, underscores a strategy to build around youth while leveraging future salary cap growth.

As the NBA offseason heats up, this extension marks a pivotal moment for Smith, who could thrive alongside Durant and a talented roster. Auburn fans rejoice, while the Rockets brace for a new era.

This article first appeared on Athlon Sports and was syndicated with permission.

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