James Harden is opting out of his player option with the LA Clippers, with plans to sign a two-year, $81.5 million deal to remain with the team, sources tell @LawMurraytheNU and @sam_amick.

James Harden is opting out of the final year of his contract with the Clippers and signing a new deal that would be worth $81.5 million to stay with the team for the next two seasons, a person with knowledge of the agreement said Sunday.

James Harden intends to re-sign with the team on a new two-year contract after opting out of his current deal with the Los Angeles Clippers.