Montrezl Harrell has officially signed his contract with the Houston Rockets. Harrell’s deal is a 3-Year $3.135M deal FULLY GUARANTEED. Montrezl Harrell will play for $1 Million in 2015-16 with a $45,000 raise in the next two seasons.
Trez will be a restricted free agent in 2018-19 with a qualifying offer of $1,362,500 for the Rockets to retain Montrezl’s rights for the 4th year in the deal.
Harrell also signed an endorsement contract with Nike. Terms of the Nike contract are not yet known.
| YEAR | AGE | BASE SALARY | CAP HIT | DEAD CAP | |
|---|---|---|---|---|---|
| 2015-16 | 21 | $1,000,000 | $1,000,000 | $3,135,000 | |
| 2016-17 | 22 | $1,045,000 | $1,045,000 | $2,135,000 | |
| 2017-18 | 23 | $1,090,000 | $1,090,000 | $1,090,000 | |
| 2018-19 | 24 | $1,362,500 | $1,362,500 | – | |
| 2018 | RFA |
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@UofLSheriff50. Louisville native, University of Louisville Business School Grad c/o 2004. Co-Founder of TheCrunchZone.com