The 24-year-old is apparently seeking a Steven Adams-type of a contract to the tune of four years, $100 million. Stretching his contract, which involves buying out a player by paying half the amount of the deal over double the amount of time plus a year, could save the Thunder $107 million in salary and luxury tax, according to Wojnarowski.
"For all the hard work I've been putting in and all my dreams, it felt good", Green told the Houston Chronicle.
In his lone Thunder season, Melo averaged 16.2 points, 5.8 rebounds, and 1.3 assists per game.
Stephenson played in all of the Indiana Pacers' 82 regular-season games a year ago, making seven starts.
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Green originally signed with the Rockets on December 28, 2017 and averaged 12.1 points over the remainder of the season.
Following that, Houston engaged the juggernaut Golden State Warriors in a vicious back-and-forth battle in the Western Conference Finals, falling in Game 7 and just missing out on a trip to the NBA Finals.
Initially the rumor was the Rockets' offer was worth in the $13.25 million range, according to USA Today.
Craig was a restricted free agent after receiving a qualifying offer from the Nuggets last month.