The Houston Rockets are suffering a first round exit in the NBA playoffs, extending their streak to six seasons without a semifinal appearance. While the Rockets’ young core didn’t take a step forward this season, it appears as if one of them is going to be rewarded with a big deal.
According to Sam Amick and William Guillory of The Athletic, the Rockets are expected to sign Amen Thompson to a contract extension this offseason that will be worth more than $250 million over five years.
Thompson, age 23, earned NBA All-Defensive First Team honors last season. Selected with the fourth overall pick in the 2023 NBA Draft, many around the league have been high on the 6-foot-7 wing for his length and excellent defensive ability. In each of the last two seasons, he has been viewed as a player who could make the leap to superstardom and Houston has been unwilling to include him in any trade proposal to bring in an established superstar.
When Thompson signs a five-year contract extension worth more than $250 million, his average annual salary of more than $50 million will make him one of the six highest-paid shooting guards in the NBA. He will be paid similar to Donovan Mitchell and slightly ahead of Minnesota Timberwolves star Anthony Edwards ($48.924 million average annual value).
Importantly, according to The Athletic, Rockets ownership is giving the front office clearance to spend more on the roster next season and it looks to keep the young core together. However, that could be a problem for Houston once the contract extension takes effect.
Why the Rockets might regret Amen Thompson contract extension?

Entering the offseason, the Rockets payroll for the 2026-27 season is already $184.925 million, according to Basketball Reference. Alperen Sengun is now making more than $35 million per year, Jabari Smith Jr.’s extension also kicks in next season and nearly doubles his salary to $23.643 million. In addition to adding more than $50 million for Thompson, the Rockets will commit $200 million to key players who have not gone to the Western Conference Semifinals together.
There were also some real signs of the limitations of Thompson’s game this season. While he averaged 19.2 points per game in the first-round series against the Los Angeles Lakers, this came in 44 minutes per game and 14.3 shot attempts per contest.
In his third NBA season, Thompson did not consistently demonstrate the ability to be a primary scorer who could get his shot and take over games during the playoffs. However, a $250 million contract extension is paying him to perform at that level.
All the money owed on the current core, in addition to the team’s desires to bring in another star this summer, could complicate the ability to retain Terry Eason. Even if Eason returns, it will be one of the most expensive rosters in the NBA and has no postseason success to show for it.
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