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Rockets’ Victor Oladipo turns down max contract extension from Houston, will pursue long-term deal

Rockets, Victor Oladipo

Victor Oladipo will be keeping his options open. A recent report has just confirmed that the 6-foot-4 combo guard has decided to turn down a max extension offer from the Houston Rockets with the objective of pursuing a more long-term deal once he hits free agency in the summer.

This breaking news comes via NBA insider Adrian Wojnarowski of ESPN:

Houston Rockets guard Victor Oladipo recently turned down a two-year, $45.2 million maximum contract extension, the most the franchise could offer him before summer free agency, sources told ESPN.

Oladipo, who arrived in Houston in January as part of a blockbuster four-team deal centered around James Harden, is currently on the final year of his four-season deal. Given that he has no intention of signing an extension with the Rockets, the 28-year-old will now become a free agent in the offseason.

This puts Houston in a bit of a bind especially considering how they gave up Harden in the deal. The Rockets did acquire several future first-round draft picks in the trade, but there’s no denying that in terms of talent, Oladipo was their biggest haul.

At this point, it would not be surprising if Houston ends up trading Oladipo prior to the deadline. The team will want to get as much value as they can from the former All-Star, so a move away from the Rockets could be forthcoming. Injuries have been a major hurdle for Oladipo over the past couple of years, but he has been playing well of late. He could emerge as one of the most sought-after names in the market as the trade deadline quickly approaches.