Daniel Theis Signs Lucrative Contract with Houston Rockets

Negotiating a Multi-Year Deal

Forward Daniel Theis has secured a substantial contract with the Houston Rockets. The four-year, $35,605,510 deal represents a significant investment in the player's future. The contract includes a base salary of $35,605,510, according to sources. Notably, the Rockets hold a team option for the 2024-25 season, providing them with flexibility in managing their roster in the future.

Salary Breakdown and Contract Details

For the upcoming 2023-24 season, Theis is set to earn $21,795,111. This figure represents a significant portion of his overall contract value. In the following year, he is projected to receive an additional $9 million. The contract includes escalating salaries in subsequent years, with Theis earning $2.5 million in 2024-25 and $2 million in 2025-26. Sportrac has confirmed the terms of this contract, providing insights into the financial arrangements between Theis and the Rockets.

Positive Impact on Rockets' Roster

The acquisition of Daniel Theis is expected to bolster the Houston Rockets' roster. Known for his versatility and defensive prowess, Theis brings a much-needed presence at the center position. His ability to rebound, block shots, and provide reliable post play will add depth and balance to the team. The four-year contract provides the Rockets with long-term stability and the opportunity to develop Theis into a key contributor for years to come.