Oklahoma City Thunder traded James Harden to Houston Rockets for more than $60 million. Just before midnight Eastern Time, Kevin Durant tweeted, “Wow”. Contract extension talks between Oklahoma City Thunder and James Harden went south and Thunder general manger Sam Presti proceeded with trading James. Harden rejected a sweet four-year offer from Thunder that would have paid him a base salary of $53.5 million. The 2012-2013 salary cap is set at $58 million while a four-year maximum deal is worth roughly $60 million. That offer would have pushed Oklahoma City Thunder payroll to $95 million which was the highest Thunder officials could digest. The Thunder are already paying franchise stars Kevin Durant and Russell Westbrook on maximum contracts. The trade breaks up OKC’s young core, which carried the franchise into last season’s NBA Finals. The Thunder agreed to a four-year contract extension worth about $50 million with forward Serge Ibaka after the season. The Thunder have more than $200 million tied up in salary for forward Kevin Durant, guard Russell Westbrook and forward Serge Ibaka through 2016-17. This is certainly a record of its own. Congratulations to Mr. James Harden.

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