The Thunder offered Harden $55.5 million over four years -- $4.5 million less than the max deal Harden coveted and will get from the Rockets, sources told ESPN The Magazine's Chris Broussard.
Contract extension talks between the Thunder and Harden broke down, and Thunder general manger Sam Presti moved quickly to trade the guard. Harden rejected a four-year offer that would have paid him a base salary of $53 million to $54 million, league sources said. That offer would have pushed OKC's payroll to $95 million, and Thunder officials weren't willing to go any higher. The 2012-13 salary cap is set at just over $58 million, and the luxury tax kicks in at $70.3 million, while a four-year max deal is worth $60 million.