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Rockets general manager Daryl Morey agrees to five-year contract extension

With the Rockets surging back toward contender status, general manager Daryl Morey has agreed to a five-year contract extension to remain with the Rockets.

Morey, 46, had been in the final year of his contract in the second season with Tilman Fetitta owning the team.

"I'm super happy," Morey said. "I'd love to be with the Rockets for life. This obviously solidifies us for a little while. I'm just really thankful to Tilman Fertitta for having the faith in our team. And really, it is about us having a team of people that makes this all work; Coach (Mike) D'Antoni, (vice president) Keith Jones, (vice president) Gersson Rosas, (trainer) Jason Biles, (assistant general manager) Monte McNair, (assistant general manager) Eli Witus, (assistant general manager, Vipers GM) Jimmy Paulis.