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Bag Secured! Rockets' Jabari Smith Jr. Contract Details Revealed

Originally posted on Athlon Sports | By Sam Dunn | Last updated Jun 30, 2025 10:57 AM ET

Houston Rockets fans will remember the summer of 2025 with uncommon fondness. Acquiring Kevin Durant from the Suns? Check. Drafting Duke Blue Devils giant Khaman Maluach? Done and done. But as the official start of the annual offseason period drew nearer, H-Town was far from finished making noise.

On June 29, ESPN's Shams Charania was first to report that forward Jabari Smith Jr. had become the first member of the 2022 NBA Draft class to sign a contract extension.

And it's worth more than triple the total value of the talented Auburn Tiger's rookie deal.

With that in mind, let’s zoom in on the finer details of the Rockets’ eye-catching Jabari Smith Jr. contract.

Jabari Smith Jr. Contract Details & Salary

All dollar figures via Spotrac.

Years: 5
Total value: $122,000,000
Average annual value: $24,400,000
Free agency: 2031

The No. 3 overall pick in the 2022 NBA Draft, Smith owns not just a positively life-changing nine-figure deal, but contract security through what will be his age 28 season.

Not a bad situation for a kid who gets to do it alongside Kevin Durant.

In 2024-25, the Auburn alum averaged 12.2 points, 7.0 rebounds, and 1.1 assists on 43.8% shooting from the field. The Rockets went 52-30 to earn the No. 2 seed in the Western Conference in their second season under coach Ime Udoka, but were bounced by the Golden State Warriors in the opening round of the NBA Playoffs.

Jabari Smith Jr. as a Rocket:

— 13.0 PPG
— 7.5 RPG
— 1.7 3PG

Joins Luka and Lauri as the only players with those averages in their first three seasons. pic.twitter.com/DkZofq1gw0
— StatMuse (@statmuse) June 30, 2025