Steven Adams will be returning to the Houston Rockets for next season and beyond, as the veteran center agreed to a new three-year, $39 million contract extension Saturday that will keep him in Houston and take him off the free agent market, according to ESPN.

HOUSTON (AP) — Center Steven Adams has agreed to a three-year, $39 million contract extension to remain with the Houston Rockets, a person familiar with the deal told The Associated Press on Saturday. The person spoke to the AP on condition of anonymity because the deal won’t become official until July. The extension was first reported by ESPN.

Adams and the Rockets have agreed to terms on a three-year, $39 million contract extension in advance of free agency, according to ESPN's Shams Charania. Adams was previously set to hit free agency after the expiration of the two-year, $25.2 million deal he originally signed with the Memphis Grizzlies.