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Jabari Smith Jr. agrees to 9-figure extension with Houston Rockets, per report

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Jabari Smith Jr. is set to get paid.

The former Auburn standout has reportedly agreed to a 9-figure extension with the Houston Rockets. In a fully guaranteed deal, Smith will make $122 million over the next 5 seasons with the team, per ESPN insider Shams Charania.

Houston Rockets forward Jabari Smith Jr. intends to sign a five-year, $122 million rookie contract extension, sources tell ESPN. Rockets officials and Smith's agent, Wallace Prather of LIFT Sports Management, negotiated the fully guaranteed deal through 2030-31 season. pic.twitter.com/S1hb9n0PRh

— Shams Charania (@ShamsCharania) June 29, 2025

A second-team All-American and SEC Freshman of the Year at Auburn, Smith was selected No. 3 overall by Houston in the 2022 NBA Draft. The Rockets wanted to make sure Smith’s bright future did not play out with another club.

Smith played the most in his first season, starting 79 games. He made second-team All-Rookie Team after averaging 12.8 points, 7.2 rebounds and 1.3 assists over 31 minutes per game.

In 2023-24, Smith’s playing time and production saw slight increases. His scoring went up to a career-high 13.7 points per game while he also averaged 31.9 minutes per game, the most in 3 seasons.

Smith missed some time this past season with a fractured hand. He played in 57 games (39 starts), averaging 12.2 points, 7 rebounds and 1.1 assists.

Andrew Olson

Andrew writes about sports to fund his love of live music and collection of concert posters. He strongly endorses the Hall of Fame campaigns of Fred Taylor and Andruw Jones.