The Houston Rockets guard has agreed to a three-year, $ 54.5 million contract extension that will take him through the 2022-23 season, ESPN league sources said Friday night.
Gordon's deal – which starts with the 2020-21 Season – includes a $ 20.9 million season in 2023-24 that would be guaranteed if Gordon made an All-Star team or the Rockets win the NBA Championship timing of the deal, league sources said.
The Houston Chronicle announces for the first time that an extension has been reached.
Gordon, 30, enters the final year of his contract in 2019-20, valued at $ 14 million.
Gordon has averaged close to 17 points in his three seasons with the Rockets, including the NBA's Sixth Person of the Year award.
Gordon is part of a core that includes James Harden, Russell Westbrook and Clint Capella expected to compete with the Western Conference elite.