Stephon Marbury has agreed to three more years with a Chinese basketball team, whose owners will set up a company to produce and sell his line of athletic apparel and shoes, the team said Thursday.

His salary will be the same as last season, which was never publicly announced, but team owner Wang Xingjiang had said he offered Marbury $100,000 to play half a season in China.

Marbury may become an assistant coach in his third season.