ESPN reported that Steven Adams signed a three-year, USD 39 million contract extension with the Houston Rockets earlier this week.

Rockets RE-SIGN Steven Adams, Houston Center Duo LOCKED IN | Jabari Smith Jr. EVOLVING This Summer?

Just In: Houston Rockets center Steven Adams has agreed to a three-year, $39 million contract extension to stay with the franchise, sources tell ESPN. After playing a key rotation and leadership role in the Rockets' playoff run, the new deal keeps a top center out of free agency. pic.twitter.com/yWUnnQrRgh

The Houston Rockets have made one of the biggest moves of the offseason, and free agency hasn't even started. The team has signed veteran center Steven Adams to a new three-year, $39 million contract extension to keep him off the open market.

A new NBA rumor suggests the Los Angeles Lakers could get competition from a top rival for Brook Lopez in free agency.