The Oklahoma City Thunder have officially offered Russell Westbrook a Supermax contract, also known as the Designated Veteran Player Exception (DPE).
If Westbrook signs the deal, he’ll be agreeing to five years, $217 million. If he signs it, Westbrook will have the largest contract in NBA history.
Westbrook signed a three-year, $84 million extension on August 4 in the midst of a massive celebration of loyalty as he called it. Oklahoma City literally rolled out the red carpet for the man in the awesome shirt.
He has a player option on the final year of that contract that can allow him to be a free agent in 2018.
Signing a super-max extension would void Westbrook’s $30.5 million player option for 2018-19 and give him at least a $4 million raise in year one of a new five-year deal that would begin in 2018. Oklahoma City has been the only city and team Westbrook has known. Oklahoma City can offer him an extra year and more than $50 million more than any other team can next summer.
“The rules are that you can’t have that conversation until July 1, and you know, when that time comes, we’ll sit down, we’ll have conversations with him about what that opportunity presents,” General Manager Sam Presti said at his end-of-season availability. “And you know, we’re obviously hopeful that he remains really excited about being a part of this organization for the remainder of his career.”
Westbrook is expected to sign the agreement and with the addition of Paul George, it could expedite the deal.
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