Reports from multiple news outlets on Wednesday evening began swirling around Twitter and Facebook that the Thunder and Russell Westbrook are close to signing a new deal.
Adam Joseph first broke the tweet hours before anyone else did:
Russell Westbrook is set to sign an extension with OKC. Details are with the league for final approvals. Press conference is tomorrow.
— Adam Joseph (@AdamJosephSport) August 3, 2016
According to Adam Joseph, the Thunder have already made the deal. ESPN’s Thunder beat writer, Royce Young, has a different but somewhat similar standpoint.
According to @WojVerticalNBA, Russell Westbrook and the Thunder are engaged in serious talked to renegotiate an extension.
— Royce Young (@royceyoung) August 4, 2016
According the The Vertical and Adrian Wojnarowski, they are only close and have not made an agreement yet. Here is what The Vertical had to say about the structure of the deal:
In the structure of a proposed deal, the renegotiation would move Westbrook’s salary in 2016-17 from $17.8 million to a $26.5 million max salary. Westbrook would make $28.5 million in 2017-18 and $30.6 million in the third year under the proposed renegotiated deal. Oklahoma City is able to offer the extension because it has the appropriate salary-cap space available.
Whether the Thunder have agreed to a deal with Westbrook remains to be officially seen, but I am sure the deal will be made official within 24 hours if not sooner. The fact that there is even serious talks of an extension happening is positive news. Oklahoma City Thunder fans should be very very excited. The fans or the organization cannot afford to lose their other superstar.
This will give added security to the Thunder and their fans that everything will still be okay in OKC. In Russell Westbrook the Thunder will have a player who they can build around, and they have good pieces to put around him. Victor Oladipo, who is also in talks for an extension, Steven Adams, Cameron Payne, Enes Kanter, Domantis Sabonis, and Alex Abrines are all weapons that Westbrook will have at his side in OKC. Kevin Durant might not be with the Thunder any longer but that does not mean they do not have a good back-up plan in place. As long as the team has a healthy Russell Westbrook then they will always be in contention for the playoffs.