Russell Westbrook

Thunder Sign Russell Westbrook To Extension

2:50pm: Westbrook’s five-year extension is now official, with the Thunder formally issuing a press release to announce the new deal.Russell Westbrook vertical

“I’ve said it before, and I’ll say it again, there is no place I would rather be than Oklahoma City,” Westbrook said in a statement, calling Thunder fans “the best in the world.”

Meanwhile, Sam Amick of USA Today reports (via Twitter) that the final year of Westbrook’s extension will be a player option.

2:18pm: The Thunder have reached an agreement on a contract extension with Russell Westbrook, according to ESPN’s Adrian Wojnarowski, who reports that the new deal is a five-year pact projected to be worth about $205MM. The extension will replace Westbrook’s player option for 2018/19, running through the 2022/23 season.

Westbrook’s new deal is a Designated Veteran Extension, similar to the ones signed by Stephen Curry, James Harden, and John Wall earlier this offseason. However, Curry’s DVE took effect this season, while Harden’s and Wall’s won’t begin until 2019/20, so the final numbers on Westbrook’s extension will look a little different.

Westbrook’s starting salary will be worth 35% of the 2018/19 salary cap. Based on the NBA’s latest projection, that would work out to $35.35MM in year one, and $205.03MM in total. Taking into account Westbrook’s $28,530,608 salary for 2017/18, the reigning MVP will be locked up for about $233.56MM over six years, which would be the largest contract in NBA history.

It’s appropriate that Westbrook would ink a historic contract at this point in his career, since he’s coming off one of the most impressive individual seasons in the history of the league. In 81 games for the Thunder last season, the star point guard averaged a league-high 31.6 PPG to go along with 10.7 RPG and 10.4 APG, making him the first player to average a triple-double since Oscar Robertson accomplished the feat in 1961/62.

Despite Westbrook’s heroics, the Thunder were eliminated in the first round of the playoffs last spring. However, the team added significant reinforcements in the offseason, acquiring Paul George from the Pacers and Carmelo Anthony from the Knicks.

Westbrook’s decision to sign an extension with Oklahoma City will make things interesting for George and Anthony, who both have the opportunity to reach unrestricted free agency in 2018. Westbrook will have a full season to convince George – who will likely decline his player option – to stick around for the long term in OKC. As for Anthony, he’s a better bet to pick up his player option if he enjoys his time with the Thunder, since it’s worth nearly $28MM, a figure he’s unlikely to match on the open market.

While Westbrook’s extension won’t have an impact on this year’s cap for the Thunder, it could create some difficult decisions down the line for the franchise. If we were to pencil in Westbrook’s projected 2018/19 salary along with Anthony’s option-year salary, the Thunder would have nearly $117MM in guaranteed salaries on their books for next season, and that number doesn’t include George or any of the Thunder’s other pending free agents or non-guaranteed players.

Still, Oklahoma City’s management and ownership groups will likely worry about future team salaries and tax payments at a later date. For now, the Thunder are presumably thrilled to lock up Westbrook, about 15 months after failing to get a similar commitment from Kevin Durant.

Photo courtesy of USA Today Sports Images.

Thunder Notes: George, Anthony, Westbrook, Kanter

Paul George says the Thunder feel like a “championship team” after Saturday’s blockbuster deal that brought Carmelo Anthony to Oklahoma City, relays Sam Amick of USA Today. The Thunder now have last season’s scoring champ in Russell Westbrook [31.6 points per game], along with No. 15 in George [23.7] and No. 22 in Anthony [22.4].

“You put us three together, who all have something to prove still, [and] we’re going to be a special team,” said George, who was acquired from Indiana in OKC’s other major offseason move. “We have a young group, a lot of talent here, an unbelievable coach [in Billy Donovan], [and] as you see, a front office that’s willing to do whatever it takes to improve the team. It just has all the makeups to be a great organization and a chance to put championships together.”

There’s more news out of Oklahoma City:

  • Anthony’s college coach, Jim Boeheim of Syracuse, believes he is headed to a much better situation with the Thunder, writes Brian Lewis of The New York Post. Boeheim says the 33-year-old Anthony improved his conditioning this summer and probably has three to four good years left in the league. “Melo had to work so hard in the triangle,” Boeheim added. “It’s a good offense, but not what he does best. He had to work so hard to get his shot, and get a shot at the end of clock, and he’d have seven seconds. He’s much better when he plays with good players, gets open shots, opportunities to post up and do things, post up as well. It’ll just be a lot easier. I think he’s anxious to prove he’s still [a star].”
  • If the Thunder are the NBA’s newest superteam, Westbrook’s decision to accept an extension after Kevin Durant left for Golden State last summer made it possible, writes Royce Young of ESPN. Without that commitment, Oklahoma City may have explored a trade to avoid losing superstars in back-to-back years with no compensation. And without Westbrook, the team never would have dealt for George or Anthony. Westbrook is facing an October 16 deadline to decide on a new extension offer that would pay him $207MM over five years.
  • Anthony will continue to wear No. 7 with the Thunder, Young tweets.
  • Enes Kanter, who was shipped to New York in the trade, was part of the effort to convince Anthony to waive his no-trade clause for Oklahoma City, according to Brett Dawson of The Oklahoman (Twitter link). This summer, Kanter spoke with a coach who works with Anthony and put in a good word for the Thunder.

Northwest Notes: Robinson, Thornton, Westbrook

The Timberwolves have plenty of room on their roster to bring aboard talent ahead of the 2017/18 season and have been busy looking for the perfect fit. Per Darren Wolfson of 5 Eyewitness News (Twitter link), veterans Nate Robinson, Shawne Williams and Marcus Thornton have all stopped by to make an impression.

Of the three, Robinson is the highest profile but the 33-year-old hasn’t seen consistent NBA action since 2014/15 when he played 33 games in half a season with the Nuggets. The scrappy guard with a career average of 11.0 points per game could potentially add depth to the Timberwolves second unit.

A more intriguing option for the Timberwolves, however, may be adding Thornton.  Not only is the two-guard three years young, he’s played more substantial roles for other teams lately than Robinson has. The journeyman has suited up for seven teams in the past four seasons, granted, but has the ability to put points on the board when given the opportunity. In 2011/12. Thornton averaged 18.7 points per game for the Kings.

There’s more from the Northwest Division:

  • The Jazz are still reeling from the loss of Gordon Hayward this summer but have an intriguing long-term prospect in lottery pick Donovan Mitchell, Shaun Powell of NBA.com writes.
  • With his original five-year Jordan Brand deal set to expire after this season, Thunder guard Russell Westbrook signed a 10-year extension with the Nike offshoot. Now, Nick DePaula of ESPN writes, the company will start developing an on-court Westbrook shoe.
  • The massive 10-year Jordan Brand extension could impact Russell Westbrook’s decision to sign an extension with the Thunder, Brett Dawson of the Oklahoman writes. While a player like Westbrook, who relies heavily on athleticism, may normally be inclined to lock in a long-term deal at age 28, Westbrook won’t exactly be hard up for cash if he decides to pursue other options.

Russell Westbrook Still Undecided On Extension

The introduction of the designated veteran player extension in the new collective bargaining agreement has forced Russell Westbrook to re-evaluate his future, writes Royce Young of ESPN.

The DVPE didn’t exist last summer when Westbrook agreed to a three-year extension with a player option for the final season. His plan, Young explains, was to get two more years of service to become a 10-year veteran, which qualifies him for an extension worth up to 35% of the salary cap, then make a long-term decision in 2018.

But Westbrook became retroactively eligible for the new extension option and can make that decision now if he chooses. The Thunder formally made a max offer almost two months ago worth $207MM over five years. Westbrook has until October 16, the day before the season starts, to accept the deal.

The Thunder would like an answer this summer, but other than long-term security there is no advantage to Westbrook from signing right away. As a 10-year vet in 2018, he can receive the same money, although he could opt for a shorter contract, while the DPVE is locked in at five years.

Thunder officials may be getting nervous after watching Kevin Durant walk away last summer, but Young says the team is giving no thought to trading Westbrook if he lets the offer expire. Likewise, there hasn’t been any indication that the reigning MVP is giving consideration to signing elsewhere if he hits free agency again.

Northwest Notes: Westbrook, George, Hood, Murray

Russell Westbrook and Paul George will be teammates for the first time in the NBA this upcoming season after George was traded to the Thunder earlier this offseason. Just like any other superstar duo in NBA history, it will take time for both players to get acclimated to each other on and off the court. The duo got a head start after having their first workout together on Monday at a UCLA gym with four Oklahoma City teammates, ESPN’s Royce Young writes.

Young noted that Monday’s workout was the second organized by Westbrook this summer but George was unable to attend the first one due to a pre-planned vacation. Monday’s acclimation was the first of many steps for the reigning MVP and George to become comfortable; George addressed the importance of establishing a chemistry with his new teammates during his introductory press conference.

“Right now, it’s taking it as it comes,” George said (via ESPN). “We have a fresh start, and a chance to do something special is really the first thing that comes to mind. I’m not looking past 2017-18, we haven’t accomplished nothing yet. When it comes to that, when I get there, we’ll address that, but right now me and [Westbrook] have something to build now, and we’ll see where it takes us. It could be something that’s special that we build and want to continue on building.”

Read up on other news around the Northwest Division:

Northwest Notes: KAT, Westbrook, Rubio, Jazz

The Timberwolves‘ moves this offseason have drastically improved the team and put the organization in a position to reach the playoffs for the first time since 2004. The acquisition of Jimmy Butler and the free agency signing of Jeff Teague fusing with the current core of Andrew Wiggins and Karl-Anthony Towns poses a serious threat to the Western Conference.

Towns spoke to Sean Deveney of The Sporting News to clarify his recent comments in which he referred to the Timberwolves as a budding dynasty. The former Rookie of the Year cited the Warriors, Spurs, and Cavaliers as real dynasties but maintained confidence in winning with Minnesota’s upgraded roster.

“For me, what everyone needs to know is that we’ve made great moves,” Towns said. “We made great moves to make ourselves better. I have been very fortunate to be with such a great franchise and the organization is going to do so well from here on out. I think we are building a team that has a great sense of what it wants to be, and also adding players who ooze greatness and ooze winning, it’s just something that is contagious.”

The team’s quest for improvement has been noticed by other stars, most prominently disgruntled Cavaliers point guard Kyrie Irving, who reportedly listed Minnesota as one of his four preferred destinations if he was traded. Playing in the same conference with the defending champion Warriors and perennial powerhouse Spurs will be difficult but a young, athletic, and hungry Minnesota squad could see a drastic improvement in 2017/18.

Below are additional notes around the Northwest Division:

  • Reigning NBA MVP Russell Westbrook recently visited Oklahoma City but he is not in the Thunder‘s home city to sign an extension, Brett Dawson of the Oklahoman writes. Westbrook, a Los Angeles native, primarily spends his summers in California but is known to visit OKC periodically during the offseason, Dawson adds.
  • Newest Jazz point guard Ricky Rubio no longer has to worry about trade talk after the deal that brought him Minnesota to Utah. After years of rumors involving Rubio, the six-year NBA veteran tells Ryan McDonald of The Deseret News that he was happy to be dealt to “an organization that really believed in me.”
  • After the losses of Gordon Hayward and George Hill, the Jazz may have an issue with spacing and three-point shooting next season, Benjamin Nehic of The Desert News writes. Utah’s spacing with its current roster is projected to dip and with less effective outside shooters, the team may have to adopt a new primary scoring method.

Northwest Notes: Westbrook, Wiggins, Irving, Nuggets

Nearly a month has passed since the Thunder offered an extension to Russell Westbrook, writes Fred Katz of The Norman Transcript. Oklahoma City is hoping the reigning MVP will agree to extend his current contract by five years in a deal that would start with the 2018/19 season. Westbrook is eligible to receive 35% of the salary cap — currently projected at $102MM for that season — along with 8% raises each year. The deadline to accept the offer is October 16, the day before the regular season begins. Katz says the organization remains “cautiously optimistic” that Westbrook will agree to the extension.

There’s more news from the Northwest Division:

  • Extension talks continued this morning between the Timberwolves and Andrew Wiggins, tweets Darren Wolfson of 5 Eyewitness News. Wolfson doesn’t believe Minnesota would include Wiggins in a trade offer for Kyrie Irving.
  • Former Nuggets forward Mike Miller thinks Irving would be a good fit in Denver, relays Ashish Mathur of Amicohoops. In an appearance Wednesday on Altitude Radio, Miller, who spent a year with Irving in Cleveland, said the point guard is “definitely interested” in being traded to the Nuggets. “I’ve already asked that question,” Miller said. “… I think he will. I really do. Like anything else, when people look at cities, Denver’s an unbelievable city we all know that. And with what the organization has built there, he would be crazy not to and he’s definitely, definitely interested in it and I told him by putting this thing out there he has no choice.” Mathur speculates that Denver would have to offer Jamal Murray, Gary Harris, Wilson Chandler and a draft pick to make the deal work.
  • Unless they can pull off a trade, the Nuggets are looking at only “minor tweaks” before the season starts, writes Christopher Dempsey of NBA.com. Denver’s roster is virtually filled with not much cap space remaining. Dempsey adds that the team achieved its top offseason priority of signing Paul Millsap.

Northwest Notes: Westbrook, Crawford, Singler, OKC

Russell Westbrook can sign a supermax Designated Veteran Player Exception deal with the Thunder worth over $235MM over six years, which would make him the highest paid player in NBA history. However, money is not the determining factor over Westbrook’s future, Erik Horne of The Oklahoman writes.

For starters, uncertainty surrounding the Thunder’s roster in future seasons makes Westbrook signing a longterm contract uncertain — despite the Thunder being optimistic it will get done. As Horne explains, Westbrook does not have the option to sign another shorter-term pact like he did last year, signing a three-year, $85.7MM extension. As Horne mentions, under the new collective bargaining agreement, Westbrook cannot extend his current deal unless it’s a five-year max: meaning it’s max or nothing.

The reigning Most Valuable Player has set himself up to be paid handsomely — whether it is this offseason or next, when he can hit free agency and pursue other options. Westbrook will earn $28.5MM in 2017/18 but that could prove to be chump change if and when he signs a longterm max deal.

Below are additional notes surrounding the Northwest Division:

  • In separate piece for The Oklahoman, Horne suggests that Kyle Singler may be an optimal candidate for the stretch provision. The 29-year-old has averaged less than four points per game in Oklahoma City in two seasons and is owed $9.66MM over the next two seasons. To save cap space, the stretch provision could stretch out Singler’s salary over seven seasons and open up a roster spot for the Thunder, Horne notes.
  • Once again for the Oklahoman, Horne answers four key questions surrounding the Thunder. Among the burning questions include when 2017 draft pick Terrance Ferguson will sign, if and when the Thunder hires a new assistant coach, if any additional moves will be made, and Westbrook’s aforementioned contract dilemma.
  • Newest member of the Timberwolves, Jamal Crawford, pursued a deal with an up-and-coming contender rather than a perennial championship contender. The 37-year-old briefly spoke to the Star Tribune’s Jerry Zgoda about his decision to sign with Minnesota, stating that it “made sense on every level.”
  • Michael Rand of the Star Tribune looks at five potential free agent signings for Minnesota. On the list are three players who have connections to head coach Tom Thibodeau (C.J. Watson, Mike Dunleavy, and Tony Allen) and two productive veterans (Anthony Morrow and Andrew Bogut).
  • Justin Zanik and David Morway are joining the Jazz as high-ranking front office executives, according to ESPN’s Adrian Wojnarowski (via Twitter). Ryan McDonald of Deseret News breaks down the move and provides information on both men and their ties to Utah.

Western Rumors: Simmons, T. Chandler, Clippers

Before they renounced Jonathon Simmons‘ rights and made him an unrestricted free agent, the Spurs discussed a sign-and-trade scenario that would have sent Simmons to the Suns in a deal for center Tyson Chandler, writes Jabari Young of The San Antonio Express-News. It’s not clear if the proposed deal would have been Simmons for Chandler straight up or if other parts would have been involved, but either way, San Antonio backed out of the deal, reluctant to take on Chandler’s contract, per Young.

With Simmons now a UFA, it will be interesting to see if the Suns make a move to land him outright. According to David Aldridge of TNT (Twitter link), there’s “strong” interest in Simmons around the league, with a couple teams apparently in the lead for him. The free agent guard could make a decision by the weekend, says Aldridge.

Here’s more from around the Western Conference:

  • The Timberwolves are essentially limited to minimum salary contracts at this point, making them an unlikely destination for Jonathon Simmons or any of the other top free agents remaining on the market, says Darren Wolfson of 5 Eyewitness News (Twitter link).
  • Thunder GM Sam Presti acknowledged that extension discussions with Russell Westbrook aren’t really “a negotiation,” since a maximum salary offer is on the table for the reigning MVP. Erik Horne and Brett Dawson of The Oklahoman have the details on the story, suggesting that Oklahoma City won’t pressure Westbrook, who may accept the offer on his own timeline.
  • The Clippers worked out a pair of veteran free agent this week, according to Brad Turner of The Los Angeles Times, who tweets that the club took a look at Tiago Splitter and Martell Webster. While no deal is imminent, the Clips remain in the market for depth at small forward and center.

Reaction To The Paul George Trade

After weeks of negotiations and rumors involving Paul George, the Pacers surprised NBA insiders and fans alike by agreeing to trade the All-Star forward to the Thunder tonight in exchange for Victor Oladipo and Domantas Sabonis. Shock waves are still echoing from the deal that upstaged the first night of free agency:

  • Even today, the Celtics believed they were in a good position to acquire George, writes Adam Himmelsbach of The Boston Globe. The Celtics made several attempts to work out a deal with Indiana, a source tells Himmelsbach, including an offer at the February deadline that entailed this year’s first-round pick from the Nets, which wound up No. 1 overall, along with three future first-rounders. Boston was confident that two years of playoffs with George would have been enough to change his mind about joining the Lakers. Talks resumed just before the draft, and the Celtics’ offer was changed to three starters and two first-rounders, but not this year’s pick from the Nets or next year’s from the Lakers. The offer evolved into two starters and three picks, but it wasn’t enough to convince the Pacers.
  • Thunder GM Sam Presti had quietly been trying to acquire George for several weeks, according to Royce Young of ESPN.com. The Pacers wanted players and picks, which Oklahoma City didn’t have, and Presti wasn’t able to find a third team willing to facilitate the deal. However, Indiana’s asking price dropped Friday and Presti was ready to pounce. One danger to the deal, Young notes, is that George and Russell Westbrook can both become free agents next summer and both hail from southern California, creating the possibility that George may try to recruit his new teammate to join him on the Lakers.
  • There was “genuine surprise” in Boston that the Pacers accepted Oklahoma City’s deal, tweets Chris Mannix of The Vertical. The Celtics believed their offer gave Indiana a better path toward rebuilding.
  • The Thunder had nothing to lose in gambling on George, claims Tim Bontemps of The Washington Post. They had to show Westbrook that he has a chance to win a title before his option decision next year. Bontemps says the deal instantly makes OKC one of the top four teams in the West next season along with the Warriors, Rockets and Spurs.
  • The Trail Blazers made a strong play for George this week, according to Jason Quick of CSNNW (Twitter link). Portland submitted an offer on Monday that Quick contends was better than what the Pacers accepted from the Thunder.
  • Patience helped Oklahoma City seal the trade, assesses David Aldridge of TNT (Twitter link). He notes that Presti didn’t pressure the Pacers to make the deal, but he knew they were fond of both Oladipo and Sabonis. Aldridge adds that George’s departure to the Western Conference instead of Cleveland lessens the pressure on Boston to make a panic move in response (Twitter link).
  • The trade leaves Oklahoma City with about $108MM in guaranteed contracts for next season, tweets Bobby Marks of The Vertical. That figure is roughly $9MM over the salary cap and $8MM under the luxury tax.