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All-Star Westbrook signs contract extension with Thunder

From NBA.com staff reports

The Oklahoma City Thunder and their superstar point guard, Russell Westbrook, will be together for a few more seasons.

Westbrook has signed a contract extension with the Thunder that will reportedly keep him in Oklahoma City for up to three more seasons.

“I am grateful to extend my contract with the Thunder and continue to play with the only organization that I have played for and have loved being a part of since I was drafted into the NBA,” Westbrook said in a statement released by the team. “I’m really excited about moving forward with this group of guys and continuing to play in front of the best fans in the world.”

“Russell has been an outstanding leader of this team since he was drafted by our organization eight years ago. His competitiveness, character, and unique athletic ability have propelled him to the forefront of the game,” said Thunder GM Sam Presti. “Russell personifies many of the traits that are synonymous with Oklahoma and Oklahomans. We are excited that Russell has chosen to continue to build the legacy of the Thunder with us as we move forward together.”

According to The Vertical’s Adrian Wojnarowski, who first broke the news overnight, Westbrook and OKC agreed on a 3-year, $85 million deal that will keep the All-Star guard from becoming an unrestricted free agent next summer. According to the report, Westbrook will hold a player option for the 2018-19 season.

Oklahoma City has undergone a series of roster changes since it lost in the Western Conference finals, starting with it trading Serge Ibaka to the Orlando Magic on Draft night (for Victor Oladipo and others) to seeing former NBA MVP Kevin Durant leave via free agency for the Golden State Warriors.

Wojnarowski has more on Westbrook’s new deal:

Oklahoma City Thunder star guard Russell Westbrook has agreed to a three-year, $85 million-plus maximum contract renegotiation, league sources told The Vertical.

Westbrook, a five-time All-Star, and his agent, Thad Foucher of Wasserman Media Group, are planning to fly to Oklahoma City on Thursday morning, sign the deal and likely hold a news conference with Thunder ownership and executives, league sources told The Vertical.

For the Thunder, the Westbrook commitment is a significant statement in the wake of star Kevin Durant’s departure for the Golden State Warriors. Westbrook is no longer a free agent in the summer of 2017, and Thunder GM Sam Presti and coach Billy Donovan have a longer window to continue improving the Thunder roster around Westbrook without the fear of losing him in free agency.

Westbrook will be under contract for the 2016-17 and 2017-18 seasons and will hold a player option for the 2018-19 season, league sources said.

In the most likely scenario, Westbrook will become an unrestricted free agent in 2018 again.

In the wake of Durant’s departure, Westbrook new deal could be instrumental in recruiting another elite free agent to the Thunder’s talented core next summer. Oklahoma native Blake Griffin of the Los Angeles Clippers will be a serious target for the Thunder, league sources told The Vertical.

Westbrook is already fond of the returning core of talent in Oklahoma City, including center Steven Adams, guard Victor Oladipo and center Enes Kanter. Westbrook has been working out for the past several days in Los Angeles with Oladipo, with Donovan in the gymnasium, league sources said.

ESPN.com’s Chris Broussard and Ramona Shelburne also reported on the deal between Westbrook and the Thunder:

All-Star guard Russell Westbrook and the Oklahoma City Thunder have reached agreement in principle on a new three-year contract worth $85.7 million, league sources told ESPN.

Westbrook, 27, will sign the contract on Thursday in Oklahoma City, sources said.

Talks between the sides centered on the addition of two more years to Westbrook’s current deal, which expires after the 2016-17 season. The new deal calls for an $8.7 million increase in Westbrook’s salary for this season, from $17.8 million to the maximum $26.5 million. He would then earn the max the next two seasons.

Only one of those two seasons is guaranteed, though.

In the wake of former MVP Kevin Durant signing with the Golden State Warriors, the Thunder made locking up Westbrook to a long-term deal their primary offseason objective. Oklahoma City removed its qualifying offer to restricted free agent Dion Waiters to free up cap space to offer Westbrook a max extension. Waiters agreed to a deal with the Miami Heat last month.

Westbrook averaged 23.5 points, 7.8 rebounds and 10.4 assists last season and finished fourth in the MVP voting.

The 27-year-old Westbrook is one of the top stars in the NBA and piled up 18 triple-doubles last season, tying Magic Johnson for the most in the last 30 years. He also notched seven triple-doubles in March, the most by an NBA player in a calendar month since Michael Jordan in April of 1989.

“On behalf of the Thunder organization and the entire State of Oklahoma I want to congratulate Russ and offer my sincere appreciation for not only his profound presence and skill as a player, but for his high character, personal integrity and extraordinary leadership,” said Clayton I. Bennett, Thunder chairman. “We are thrilled he will continue with us and we look forward to exciting days ahead for the Oklahoma City Thunder.”

The five-time All-Star averaged 23.5 points, 7.8 rebounds and 10.4 assists last season as the Thunder reached the Western Conference finals, in which they lost in seven games to the Golden State Warriors after jumping to a 3-1 series lead.

For his entire career, Westbrook had been paired with a fellow superstar in Durant and together they turned Oklahoma City into a perennial NBA title contender. The Thunder have reached the conference finals in four of the past six seasons, but advanced to the NBA Finals only once, falling to the Miami Heat in 2012.

Even without Durant, the Thunder is hardly bereft of talent to go with Westbrook. Steven Adams showed during the playoffs that he rapidly is moving up the ranks of NBA centers, and another post player, Enes Kanter, finished third in voting for the NBA’s Sixth Man of the Year award last season.

Information from The Associated Press was used in this report.

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