The Houston Rockets have struck a deal with Jabari Smith on a five-year, $122 million extension that is fully guaranteed and locks him in through the 2030-31 season, according to ESPN .

The Houston Rockets aren’t done making moves. Just days after pushing their chips to the center of the table with their trade for Kevin Durant, the Rockets have reportedly locked up one of their young pieces for the foreseeable future.

Per ESPN's Shams Charania, Rockets forward Jabari Smith Jr. intends to sign a five-year, $122 million rookie contract extension that is fully guaranteed through the 2030-31 season. Smith's new deal will be added to a Rockets salary cap that currently stands at $205.3 million for the 2025-26 season, per Spotrac.