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Harden joined Cleveland in February and helped the Cavaliers reach the Eastern Conference finals, averaging 19.2 points per game.
Harden was selected third overall by Oklahoma City in the 2009 NBA Draft before enjoying the best spell of his career with the Houston Rockets, where he won the NBA Most Valuable Player award in 2018.
Harden, who will celebrate his 37th birthday on 26 August, has been selected for 11 All-Star Games. He has also played for the Brooklyn Nets, Philadelphia 76ers and Los Angeles Clippers.
Harden, nicknamed "The Beard" because of his distinctive facial hair, won Olympic gold with the United States at the 2012 London Games and a World Cup title in 2014.