Thunder Rumors

And-Ones: Jones, Buycks, Stephenson

Perry Jones III  has agreed to play in Russia this upcoming season with Khimki Moscow, international journalist David Pick reports (Twitter link). Jones spent last season with the Iowa Energy of the D-League after being waived by the Boston Celtics. He was selected by the Thunder with the 28th overall pick in the 2012 draft.

Here’s more from around the league:

  • Dwight Buycks will play in China for Fujian Quanzhou, Pick reports in a separate tweet. Buycks played for the team last season before coming stateside to join the Oklahoma City Blue of the D-League.
  • Lance Stephenson may have to look overseas if he wants to play next season, Gary Washburn of the Boston Globe writes. Washburn contends that Stephenson has the talent to play in the NBA, however, his personality may be scaring teams away.
  • Stephenson made a bet on himself back in 2014 when he bypassed a five-year, $44MM deal from the Pacers in favor of a shorter deal with the Hornets. Moke Hamilton of Basketball Insiders revisits the shooting guard’s decision and examines the decisions of other players whom have taken shorter deals with the hope of cashing in on a big payday only to be disappointed by what the market offers.

Westbrook Signing May Benefit Heat

  • The Heat may benefit from Russell Westbrook‘s decision to accept an extension with the Thunder, contends Ira Winderman of the Sun-Sentinel. Winderman points out that Miami has had its options limited by the pursuit of a free agent every offseason since LeBron James left in 2014, and that would have happened again next summer if Westbrook had been available. With him under contract, the Heat may look more seriously at trades involving Goran Dragic or the newly re-signed Hassan Whiteside. The author also notes that next summer will be crucial for Miami because Tyler Johnson will count $19MM against the salary cap starting in 2018 and the Heat will be short on draft picks to deal, already owing the Suns their 2018 and 2021 first-rounders from the trade that brought Dragic to Miami.

Westbrook Extension Not As Sudden As It Appeared

Thunder Sign Russell Westbrook To Extension

2:20pm: The Thunder have officially issued a press release announcing their extension with Westbrook.

“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. “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.”

7:36am: The Thunder have agreed in principle to a renegotiation and extension with Russell Westbrook, according to Ramona Shelburne of ESPN.com, who reports that the deal will be signed on Thursday. Adrian Wojnarowski of The Vertical confirms (via Twitter) that Westbrook is flying to Oklahoma City this morning and plans to sign a three-year, $85MM+ deal.NBA: Playoffs-Golden State Warriors at Oklahoma City Thunder

Wojnarowski had reported on Wednesday night that the two sides were in advanced discussions on a new agreement. Per Wojnarowski, the three-year contract will include this season and will feature a player option, so it will essentially keep Westbrook under team control through the 2017/18 campaign. In 2018, he’ll have the opportunity to decline that third-year player option and reach free agency as he becomes eligible for the 10-year-veteran maximum salary.

While veteran extensions generally don’t allow players to maximize their earnings, that’s often not the case when a renegotiation is included. Westbrook had been set to earn a $17,769,374 salary for the 2016/17 season. By renegotiating his deal, the Thunder will use their excess cap room to bump him up to the maximum salary, which is $26,540,100. If Westbrook had waited until he reached free agency in 2017 to sign a new deal, his 2017/18 starting salary would have been a little higher, but he would’ve missed out on this year’s pay increase of nearly $9MM, as Dana Gauruder of Hoops Rumors pointed out this week when he broke down Westbrook’s options.

Westbrook’s new contract should work out to be identical to Mike Conley‘s over the next two years, with a salary of $26,540,100 (2016/17), followed by a 7.5% raise to $28,530,608 (2017/18). In a free-agent contract like Conley’s, that $1,990,508 first-year raise would apply to all subsequent seasons as well, but in Westbrook’s case, he’ll get a 7.5% raise on his 2017/18 salary, since that’s the first year of his new extension. That would result in a 2018/19 salary of $30,670,403 and a three-year total of $85,741,111, as Eric Pincus of Basketball Insiders recently explained.

By inking an extension now, Westbrook will give the Thunder a couple years to retool the roster around him in the wake of Kevin Durant‘s departure. As Royce Young of ESPN.com notes (via Twitter), the team may now be less inclined to work out new deals this offseason for extension-eligible players like Steven Adams, Victor Oladipo, and Andre Roberson, since keeping their cap holds on the books next summer would allow the franchise to maximize its 2017 cap room. That approach would be risky in cases where Oklahoma City doesn’t intend to go up to the max though, since those players could sign offer sheets with rival teams if they become restricted free agents.

While it’s still possible that Westbrook departs Oklahoma City in free agency down the road, he’ll be staying with the team longer than many observers expected. When Durant chose to sign with the Warriors, trade speculation immediately began swirling around the star point guard — according to Shelburne (via Twitter), the Thunder received “dozens” of trade calls over the last month, but told potential Westbrook suitors to “chill” while they tried to work out an extension with the 27-year-old.

After Durant’s departure, multiple reports out of OKC indicated that Westbrook may be more motivated than ever to stay with the Thunder, rather than wanting to follow his All-Star teammates out of town. Westbrook’s long-term future with the club may ultimately hinge on how GM Sam Presti and company fortify the roster over the next year or two, but for now, it seems those local reports on Westbrook’s motivation were accurate.

A five-time All-Star, Westbrook saw his scoring average dip to 23.5 PPG in 2015/16 after he led the league with 28.1 PPG in 2014/15. However, he set new career-highs in APG (10.4) and RPG (7.8) last season, and he’s poised for a huge statistical season this coming year, with Durant no longer in the picture.

Photo courtesy of USA Today Sports Images.

Community Shootaround: Russell Westbrook

After a month of trade speculation, Russell Westbrook shut down that talk earlier today when he signed a brand-new contract extension with the Thunder. According to Adrian Wojnarowski of The Vertical, the Oklahoma City brass had been prepared to explore the trade market for a package of young players and draft picks if Westbrook had given the team the impression that he was “unenthusiastic” about the future in OKC. However, in the wake of Kevin Durant‘s departure, Westbrook re-committed to the Thunder, forgoing free agency in 2017.

“The idea of running out to find a super team, that isn’t who he is,” a source close to Westbrook told Wojnarowski. “He thought, ‘These are my guys here,’ and he wanted to go to battle with them.”

While Thunder fans – along with GM Sam Presti – can breathe a sigh of relief for now, Westbrook’s “three-year” extension essentially only guarantees him one extra season in Oklahoma City. The first year of the deal is 2016/17, for which he was already under contract, and the third year (2018/19) is a player option, meaning Westbrook could opt out in 2018, when he becomes eligible for a higher maximum salary.

It’s entirely possible that Westbrook intends to re-sign with the Thunder again at that point, but the team certainly can’t take that for granted, and will have to work hard to fortify the roster around Westbrook over the next year or two. Within his column (linked above), Wojnarowski reiterates something he reported in July, writing that OKC has its eye on Blake Griffin, who played his college ball in Oklahoma and can become a free agent in 2017.

With Westbrook locked up, the Thunder would have to make a trade or two – or part ways with one or two of its RFAs-to-be – in order to create room for Griffin, but the cap work certainly wouldn’t be a major roadblock for the team — the bigger challenge would be convincing Griffin to leave Los Angeles to return to Oklahoma City.

Of course, even if signing Griffin isn’t in the cards, there are a number of other avenues – in free agency or on the trade market – that Presti and the front office could explore to upgrade the roster before Westbrook reaches the open market in 2018.

Today’s discussion questions revolve around the future for the Thunder and for Westbrook: Do you expect Westbrook to stay in Oklahoma City beyond 2018? Is this just a temporary reprieve for the Thunder, or is it a sign that Westbrook is committed to the franchise for the long run? What moves do you expect the Thunder to pull off in the next year or two to get back into title contention?

Take to the comments section below to share your opinions on the future for the Thunder and for Westbrook. We look forward to hearing your thoughts.

Thunder, Russell Westbrook Discuss Renegotiation, Extension

The Thunder and Thad Foucher of Wasserman Media Group, the agent for Russell Westbrook, are engaged in talks regarding a renegotiation and extension of the guard’s current deal, Adrian Wojnarowski of The Vertical reports. The talks are centering around an arrangement that would lock up Westbrook through the 2018/19 campaign, Wojnarowski adds. The Vertical’s Bobby Marks had recently noted the possibility that the All-Star and OKC could work out a short-term extension.

No deal has been finalized, notes Wojnarowski, but the momentum is increasing toward the two sides coming to terms on a three-year, $85MM+ arrangement. The proposed contract would include a player option on the third year, which would allow Westbrook to hit unrestricted free agency during the summer of 2018, the scribe relays. The structure of a proposed deal would up Westbrook’s salary for 2016/17 from $17,769,374 to a $26.5MM max salary, per the article. Westbrook would then earn $28.5MM in 2017/18 and $30.6MM in the final season, provided he didn’t opt out.

Westbrook’s scoring average may have dipped a bit in 2015/16, averaging 23.5 per outing after his league-leading 28.1 PPG in 2014/15, but he averaged career highs in both rebounds (7.8) and assists (10.4). It should be noted that Westbrook’s decrease in scoring output was due to Kevin Durant making his return after missing the bulk of the previous season, not due to a decline in performance. Without Durant as a teammate, Westbrook will be a favorite to snag the MVP award, and will be looked upon to carry the franchise in its first campaign without the Slim Reaper.

The Thunder desperately need to lock up Westbrook, especially after losing Durant to the Warriors via free agency this summer. If no extension can be agreed upon, the 27-year-old will become an unrestricted free agent next offseason, one who will be in extremely high demand around the league. Securing Westbrook will also greatly aid OKC in free agency next summer, since the team can use the guard’s continued presence as a major selling point to prospective free agent targets.

Thunder Interested In Faried?

  • Undrafted free agent center Kaleb Tarczewski has been invited to attend training camp with the Thunder with an eye on him joining their D-League affiliate, international journalist David Pick relays (on Twitter).
  • The Nuggets are still open to trading power forward Kenneth Faried, with the Thunder and Pelicans among the teams that have expressed interest, Sam Amico of Amico Hoops relays.

Free Agent Spending By Division: Northwest

Over the next several days, we’ll be breaking down 2016 NBA free agent spending by division, examining which teams – and divisions – were the most active this July.

These divisional breakdowns won’t present a full picture of teams’ offseason spending. Some notable free agents, including LeBron James, remain unsigned, so there’s still money out there to be spent. Our lists also don’t include money spent on this year’s first- and second-round picks or draft-and-stash signings. There are a few free agent names missing in some instances as well, since those deals aren’t yet official or terms haven’t been reported.

Still, these closer looks at divisional spending should generally reveal how teams invested their money in free agency this summer, identifying which clubs went all-out and which ones played it safe.

With the help of our Free Agent Tracker and contract info from Basketball Insiders, we’ll focus today on the Northwest division. Let’s dive in…

1. Portland Trail Blazers

  • Total money committed: $242,414,220
  • Guaranteed money committed (including player options): $234,307,500
  • Largest expenditure: Allen Crabbe (four years, $74,832,500)
  • Other notable signings:
  • Notes:
    • Crabbe’s deal was an offer sheet extended by the Nets that was matched by the Trail Blazers. Crabbe, Leonard, and Harkless were all restricted free agents.
    • Ezeli’s second-year salary of $7.733MM is currently guaranteed for just $1MM.

2. Minnesota Timberwolves

  • Total money committed: $33,580,000
  • Guaranteed money committed (including player options): $24,500,000
  • Largest expenditure: Cole Aldrich (three years, $21,900,000)
  • Other notable signings:
  • Notes:
    • Hill has a non-guaranteed $4.18MM salary in the second year of his contract, while $4.9MM of Aldrich’s total third-year salary is non-guaranteed.

3. Denver Nuggets

  • Total money committed: $29,999,999
  • Guaranteed money committed (including player options): $26,499,999
  • Largest expenditure: Darrell Arthur (three years, $22,999,999)
  • Other notable signings:
  • Notes:
    • Miller’s deal is non-guaranteed in its second year, creating the $3.5MM gap between the Nuggets’ total money and guaranteed money committed in free agency.

4. Utah Jazz

  • Total money committed: $21,505,000
  • Guaranteed money committed (including player options): $21,505,000
  • Largest expenditure: Joe Johnson (two years, $21,505,000)
  • Other notable signings:
    • None
  • Notes:
    • Rather than signing free agents, the Jazz focused on using their cap room to acquire players in trades, landing Boris Diaw and George Hill.

5. Oklahoma City Thunder

  • Total money committed: $0
  • Guaranteed money committed (including player options): $0
  • Largest expenditure: None
  • Other notable signings:
    • None
  • Notes:
    • After losing Kevin Durant, the Thunder made one notable signing this summer, bringing over Alex Abrines on a three-year, $17MM+ deal. However, Abrines was a draft-and-stash player, not a free agent.

Previously:
Southwest
Southeast

Extension Candidate: Russell Westbrook

Kevin Durant‘s decision to join the Warriors presents All-Star point guard Russell Westbrook with a difficult dilemma. The way the Collective Bargaining Agreement is structured makes Westbrook’s decision even more complex.

NBA: Playoffs-Golden State Warriors at Oklahoma City ThunderIn most cases, productive veteran players have little incentive to restructure their current contracts and sign an extension. Not so in Westbrook’s case. The Thunder exercised caution this summer once Durant chose to join forces with the two-time Western Conference champions. Outside of adding Euro Alex Abrines via free agency, they essentially stood pat.

When free agent guard Dion Waiters signed with the Heat, his cap hold disappeared and Oklahoma City had more than enough salary-cap room to offer Westbrook a maximum extension.

Westbrook could elevate his salary for the upcoming season from approximately $17.8MM to $26.5MM. Since these types of extensions are capped at four seasons and include the remaining years on the current deal, Westbrook could sign only through the 2019/20 season. As Tommy Beer of Basketball Insiders details, Westbrook would essentially be agreeing to a four-year contract worth nearly $118MM.

The bump in salary for the upcoming season would allow Westbrook to make more money over the next four seasons than he could through unrestricted free agency. With a projected cap of $102MM, Westbrook would make $110.7MM if he re-signed with Oklahoma City as a free agent or $108.2MM if he signed elsewhere.

The flip side is that Westbrook could get two additional years by re-signing with the Thunder via free agency and add another $74MM to his coffers, or one more year and approximately $33MM if he chose to leave Oklahoma City.

Another intriguing scenario, as The Vertical’s Bobby Marks recently pointed out, is that Westbrook could sign a shorter extension with a player opt-out. In that case, Westbrook could become an unrestricted free agent in the summer of 2018. By virtue of being a 10-year player at that point, his starting salary would be $35MM and the team owning his Bird Rights could pay him upwards of $200MM over five seasons.

Westbrook could sign an extension any time before the end of February, though he’d be leaving money on the table if he waited until after the season started.

So which way is Westbrook leaning? Thunder management probably doesn’t know the answer at this juncture. He reportedly was surprised and upset that Durant didn’t re-sign to continue chasing a championship with him in Oklahoma City. Westbrook has also kept an extremely low profile this offseason, shunning the media and social platforms.

He’s fully aware that the Thunder, as presently constituted, are no longer a serious contender and could struggle to make the playoffs. Oklahoma City made a big trade on draft night, acquiring shooting guard Victor Oladipo in a package that sent power forward Serge Ibaka to Orlando. The Thunder brass felt that Oladipo’s scoring ability could take some pressure off Westbrook and Durant, particularly in the postseason.

Now, Oladipo becomes the Thunder’s No. 2 option behind Westbrook. Center Steven Adams, a solid defender, is probably the third-best player on the team ahead of scoring big Enes Kanter, who had a minus 3-1 Defensive Box Rating last season. The rest of the roster is filled with role players or unproven commodities.

Certainly, there are plenty of teams that would love to add Westbrook, if the price is right and if he’s willing make some type of long-term commitment. The team that acquires him could also offer an extension, but getting something done would likely hinge on opening up enough extra cap space ($8.8MM) to offer him a max contract.

While the Thunder don’t want to lose a superstar without compensation two summers in a row, they would prefer to keep Westbrook. They would have to convince Westbrook that they’d bring in other quality pieces next summer to regain the status of serious title contender. Blake Griffin, an unrestricted free agent next season, reportedly tops their wish list.

If Westbrook balks at an extension, the Thunder would have to shelve their current plan. They would obviously be in a rebuild mode at that point and could accelerate the process by getting the best package available for Westbrook.

The Celtics have long been rumored to be the logical trade partner for Oklahoma City, given their stash of draft picks and renewed status as a playoff team. The Lakers, trying to find some relevance in the post-Kobe Bryant era, could offer young talent, if not the promise of being a contender. Other teams, such as the Timberwolves, could jump into the fray and make a bold move.

Westbrook’s personality may rub some people the wrong way and some may question his leadership but there’s little doubt he’s worth the money. The 27-year-old is in the prime of his career and a triple-double machine. Two seasons ago when Durant was often sidelined by a foot injury, Westbrook led the NBA in scoring at 28.1 points per game while also averaging 7.3 rebounds and 8.6 assists. With a healthy Durant last season, Westbrook’s scoring average dropped to 23.5 but he averaged career highs in rebounds (7.8) and assists (10.4). His Offensive Box Rating was a league-high 8.0 and he’s also an intense defender. He had a career-best 3.7 Defensive Box Rating last season.

If Westbrook remains with the Thunder this season, it’s conceivable he could average a triple-double, or something close to it. He’ll have to carry a heavy burden, something he wasn’t expecting as Durant entered free agency. He’ll have decide whether it’s worth sticking it out with the weakened Thunder by signing an extension, or chase a ring with another franchise as Durant chose to do.

Photo courtesy of Mark D. Smith (USA Today Sports Images).

Thunder Still Need More Long-Range Shooters

The Thunder still need to address their perimeter shooting, according to Eric Horne of The Oklahoman. Free agent Dorell Wright could be an option at small forward, Horne speculates, but the club is taking a cautious approach with its payroll. Not only are the Thunder hoping that Russell Westbrook signs an extension but they also have to plan on commitments to Steven Adams, Andre Roberson and Victor Oladipo, who are also eligible for extensions and can become restricted free agents next summer, Horne adds.