Report: James Harden Taking $15 Million Pay Cut In 2023-24, Plans To Sign 2-Year Contract With Sixers
PHILADELPHIA (CBS) -- James Harden opted out of his contract last week to help the Philadelphia 76ers create cap space and flexibility in free agency. On Friday, details on what a new deal with the Sixers would look like began to leak.
According to The Athletic's Shams Charania, Harden will be taking a $15 million pay cut for the 2023-24 season and plans to sign a new two-year contract with the Sixers that will include a player option in the second year.
The pay cut allowed the Sixers to add P.J. Tucker, Danuel House Jr. and Trevelin Queen in free agency.
Charnia reported the motive behind the pay cut was to allow the Sixers to upgrade their roster "with sole focus on a championship run in 2023."
Harden declined a $47.4 million play option last week.
