Multiple reports say James Harden declines an existing contract option with the Cleveland Cavaliers and is working toward re-signing with the team on a longer-term deal. According to Yahoo Sports, Harden reportedly declines a $42.3 million option tied to his contract, while also indicating he wants to remain with Cleveland. The Athletic reports that Harden opts out but expects to re-sign, citing a source who says the Cavaliers plan to reach an agreement on a multiyear contract.

Both accounts describe the same direction of negotiations: Harden is moving off the option while pursuing a new arrangement with the Cavaliers rather than seeking a different team. The Athletic further adds that the expected new contract structure would lower Harden’s annual salary but increase the amount of guaranteed money. Together, the reports indicate a contract renewal process focused on reshaping terms—particularly guarantees and yearly compensation—while keeping Harden with the Cavaliers.