Chris Paul is re-signing with the Houston Rockets.
According to ESPN, the nine-time All-Star will re-sign with Houston for four years and $160 million.
All-Star Chris Paul will sign a four-year, $160M max contract to stay with the Houston Rockets, league sources tell ESPN.- Adrian Wojnarowski (@wojespn) July 1, 2018
The deal makes Paul the second highest paid point guard in the league only behind Stephen Curry at $37.5 million.
The breakdown of the $160M Chris Paul contract is: $35.6M, $38.5M, $41.4M and $44.2M. Paul is now the second highest paid point guard, only behind Steph Curry at $37.5M.- Bobby Marks (@BobbyMarks42) July 1, 2018
Houston first acquired Paul last off-season when he signed with the Clippers and was traded to the Rockets for several players and draft picks.
In his one season in Houston, he averaged 18.6 points and 7.9 assists and helped the Rockets get to the Western Conference Finals where they fell to the Warriors in seven games.
Paul confirmed the deal on Twitter.
UNFINISHED BUSINESS...RUN IT BACK 🤘🏾🚀 pic.twitter.com/KwWcsp6lx6- Chris Paul (@CP3) July 1, 2018
All signings will not be official until the end of the NBA moratorium period on 6 July.