Kevin Porter Jr. agrees to multi-year extension with Houston Rockets / News - Basketnews.com

Kevin Porter Jr. has agreed to a four-year, $82.5 million contract extension.

Credit: AP - Scanpix Credit AP - Scanpix

Houston Rockets guard Kevin Porter Jr. has agreed on a four-year, $82.5 million contract extension, according to Adrian Wojnarowski of ESPN.

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The extension has a unique structure that allows for significant upside for Porter Jr. and protections for the Rockets, via the report.

Per Shams Charania of The Athletic, Kevin Porter Jr.'s multi-year extension is only guaranteed for $15.86 million, all in Year 1. The contract includes June trigger dates after the first season, but the Rockets can essentially release Porter at any point without further pay up to the $82.5M.

The 22-year-old Porter Jr. averaged 15.6 points, 4.4 rebounds, and 6.2 assists over 62 games last season, his second with Houston.

He went 30th overall in the 2019 NBA draft. Milwaukee Bucks selected Porter Jr. but later traded him to the Cleveland Cavaliers via the Detroit Pistons.

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