76ers Rumors: James Harden Could Agree to New Contract 'As Soon as the Next 24 Hours'

James Harden is close to signing a new deal with the 76ers. Since the beginning of free agency, that has been known.

Adrian said we might get a dollar figure on Wednesday.

As soon as the next 24 hours, you can expect Harden and his representative and Morey in Philly to really sit down and hammer that deal out.

Harden declined his player option in favor of re-signing with the Philadelphia 76ers for less than his maximum salary. The contracts agreed to by P.J. Tucker and Danuel House have a hard cap of $6 million over the luxury tax.

Harden and the Philadelphia 76ers will likely spend this time negotiating a starting salary that will give Harden significant long-term security while giving the team some salary wiggle room to make additions throughout next season.

Assuming he's given standard 8 percent raises for each campaign, Harden's three-year contract would allow the 76ers to start him out at $32 million. It would give the team plenty of breathing room for this season, which will allow Morey to wheel-and-deal once the 76ers figure out their roster weaknesses.

With fully guaranteed contracts, the Philadelphia 76ers would be able to go over the hard cap in the next two seasons.