Report: James Harden Taking Massive Pay Cut With Sixers

When James Harden declined his $47M option for this season to sign a new contract with the Philadelphia 76ers, it was definitely assumed it would be for a reduced rate. Now the numbers have been leaked. Turns out Harden is taking a whopping $15M paycut.

Harden's new deal is a two-year contract, for $32M annually, with a player option on the second year. Insider Shams Charania reports that the 32% pay cut is all in the name of giving the Sixers roster flexibility in order to chase a championship.

Shams says that Harden has been focused on his offseason workouts, and that his close relationship with Daryl Morey helped pave the way for the discounted deal.

As noted by NBA cap expert Evan Sidery, the $32M annually makes Harden the 31st-highest-paid player in the league. The $47M he could have opted into would have tied him for 1st. 

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