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Morey, Rockets Reach Agreement on Extension

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Morey, Rockets Reach Agreement on Extension
Bob Levey/Getty Images

The Rockets and general manager Daryl Morey have reached a verbal agreement on the key details of a four-year contract extension for Money, owner Leslie Alexander tells Mark Berman of FOX 26 Houston (Twitter link). Morey's current contracts runs through 2013/14, so the new deal will lock him up for five years in total.

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