Thunder sign Russell Westbrook to multi-year extension!

[MeLO MvP 15]

The Oklahoma City Thunder have signed guard Russell Westbrook to a multi-year extension, it was announced today by Executive Vice President and General Manager Sam Presti. Multiple reports say the deal is for five years and $78 million.

“We are thrilled to solidify Russell’s future with the Thunder,” said Presti. “Since we arrived in Oklahoma City, Russell’s work ethic, persistence, character, and involvement in our community have helped us establish the standards that we are committed to on a day-to-day basis. He is a valued member of our organization and we look forward to his continued contributions on and off the floor.”

Read more: http://www.insidehoops.com/blog/?p=9095#ixzz1jviPej8t

[pete's montreux]

So two games go him an extension?

[Tenchi Ryu]

Damn, so I guess he didn't want to try to get the Derrick Rose rule extension...still a nice check though.

[2LeTTeRS]

Originally Posted by MeLO MvP 15

Good for OKC. I thought OKC was offering $80 mil and Westbrook wanted like $90 though. *Waits for Jeff to edit this with a link to insidehoops.

Originally Posted by Tenchi Ryu

Damn, so I guess he didn't want to try to get the Derrick Rose rule extension...still a nice check though.

It wasn't possible for OKC to pay him any more than they did in this deal. Teams are only allowed one "designated player," and Durant already took that slot for the Thunder.

[FireDavidKahn]

Originally Posted by MeLO MvP 15

Good for OKC. I thought OKC was offering $80 mil and Westbrook wanted like $90 though. *Waits for Jeff to edit this with a link to insidehoops.

That isn't possible under the CBA. Westbrook was only eligible for a 25% max contract, Durant was eligible for the 30% max.

[KBryant24]

Glad to see him get paid and give somewhat of a discount, considering he could have gotten more if he drug out the process. OKCs FO knows what they are doing, extending durant and then Westbrook quick and quietly

[2LeTTeRS]

Originally Posted by KBryant24

Glad to see him get paid and give somewhat of a discount, considering he could have gotten more if he drug out the process. OKCs FO knows what they are doing, extending durant and then Westbrook quick and quietly

I wish people understood that this could not happen. I know there have been reports out there claiming that Russ was demanding more, but unfortunately those reports didn't understand the changes in the CBA.

[Faptastrophe]

Nice to see that OKC has two stars in their rein for the foreseeable future.
But I wonder what the Thunder's cap look like now.

[KBryant24]

Originally Posted by FireDavidKahn

That isn't possible under the CBA. Westbrook was only eligible for a 25% max contract, Durant was eligible for the 30% max.

would westbrook have been eligible for 30% if he made it to the allstar game again this year?

[FireDavidKahn]

Originally Posted by KBryant24

would westbrook have been eligible for 30% if he made it to the allstar game again this year?

No, you have to be named an all star starter twice (there are other conditions as well) while on your rookie contract to get the 30% max

[Nash-tastic]

http://sports.yahoo.com/nba/news;_yl...t_nba _011912

[Tenchi Ryu]

Originally Posted by FireDavidKahn

No, you have to be named an all star starter twice (there are other conditions as well) while on your rookie contract to get the 30% max

There were 3 possible ways to get it...

You either had to become MVP

Make Allstar Starter twice

or Make the All NBA TEAM twice

The bolded was Westbrook's way to get in, all he had to do was make it one more time this year.

[2LeTTeRS]

Originally Posted by FireDavidKahn

No, you have to be named an all star starter twice (there are other conditions as well) while on your rookie contract to get the 30% max

Your right, but for the wrong reason. Russ is in his 4th year so he's still in his rookie deal, so had he been an all-star this year he would have met the criteria to be eligible for a Derrick Rose rule deal.

However the problem is the CBA also states a team can only have one designated player, and the Thunder already have one.

[Tenchi Ryu]

Originally Posted by 2LeTTeRS

However the problem is the CBA also states a team can only have one designated player, and the Thunder already have one.

It says that? Cause the only thing I saw with the Rose rule was that it was for Franchise Players, and I considered Westbrook a franchise player

[Eric Cartman]

Originally Posted by Tenchi Ryu

It says that? Cause the only thing I saw with the Rose rule was that it was for Franchise Players, and I considered Westbrook a franchise player

Only 1 per team.