Paul confirmed the deal on Twitter.
The point guard, 33, is a nine-time All-Star and helped lead the Rockets to the best record in the National Basketball Association last season (65-17).
Paul was a major contributor to the Rockets, helping them to the Western Conference Finals.
Samsung Messages bug randomly sending photos to contacts
Users who encountered the bug say they didn't know the phone had sent out the photos, as they do not appear as sent messages. Notably, there's also no record that the photos were sent from an affected users' phone, according to the Reddit user.
On the third day of free agency, Rockets starting center Clint Capela is not finding the kinds of offers he was hoping for. In the playoffs 33-year-old point guard were given as 21.1 points and 5.9 rebounds and 5.8 assists. But his gamble paid off as the Rockets realized this is the time frame in which they can win a championship and chose to offer Paul a max contract of 160m over 4 years. Paul missed least 20 games in each of the past two seasons due to different injuries.
Next year will be Paul's 14th season in the league. Last season, Green averaged 12.1 points per game off the bench. In his career, Paul is averaging 18.7 points, 4.5 rebounds, and 9.8 assists in 892 games. CLINT CAPELA LATEST The Rockets front office will meet with Clint Capela and his agents in Los Angeles on Sunday, ESPN reported.
Capela earned just $2.3 million last season, which was a bargain for Houston, given the numbers and value they got from him.