Report: Westbrook signs record 5-year, $205M extension

The Oklahoma City Thunder announced that guard Russell Westbrook signed a five-year contract extension on Friday, with ESPN reporting it to be worth $205 million.

The deal begins in the 2018-19 season, and Westbrook is now scheduled to earn $233 million through the 2022-23 season – the largest guaranteed contract in NBA history.

“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. “I am so honored to have the opportunity to continue my career here with the Thunder. From day one the support that Mr. Bennett, Sam, Troy and the entire organization have given me and my family has been incredible, and we are so grateful. When you play in Oklahoma City you play in front of the best fans in the world, I’m looking forward to bringing everything I’ve got, for them, this city and for this organization. WHY NOT?”

Westbrook averaged a triple-double per game and earned league MVP honors in the 2016-17 season, posting averages of 31.6 points, 10.7 rebounds and 10.4 assists per game.

His historic season came after Kevin Durant left for the Golden State Warriors last offseason. Westbrook agreed to a contract extension through the 2018-19 season following Durant’s departure, providing a short-term commitment for Thunder executive vice president and general manager Sam Presti to improve the roster around him.

The Thunder traded for Paul George over the summer, and added Carmelo Anthony in a trade with the New York Knicks on Monday.

Westbrook was the No. 4 overall pick in the 2008 NBA Draft. He is a six-time All-Star and a two-time All-Star Game MVP. In nine NBA seasons, he is averaging of 22.7 points, 7.9 assists, 6.2 rebounds, 1.73 steals and 34.1 minutes in 668 games.

“Russell’s commitment to the Thunder organization since its inception in 2008 has helped propel us to great heights and stare down great challenges over our first decade,” Presti said in a statement. “We are extremely fortunate to have an athlete, competitor and person such as Russell wear the Thunder uniform. To have him cement his legacy as a leader as we enter into our 10th season in Oklahoma City is extraordinary. I am extremely grateful to Russell, his family and to our ownership for the commitment and support that they have demonstrated in supporting our vision for the Thunder.”

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