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Russell Westbrook signs 5-year extension

It’s only taken two months but Russell Westbrook has finally signed his five-year $205 million dollar extension with the Oklahoma City Thunder.

Westbrook’s extension ends tons of speculation the MVP winner wanted out of Oklahoma City. Time and time again, Westbrook reiterated Oklahoma City was the place he wanted to be and once again Westbrook signed and showed his loyalty to the city. He didn’t have to. His obligation was done last August. However, this man one ups his own self.

Thunder Digest confirmed the signing earlier this morning.

“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,” said Presti. “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.”

For Oklahoma City, they have a superstar in Bricktown for many moons to go. While Paul George and Carmelo Anthony may want to bolt for larger cities, it’s Westbrook who will continue to be the staple in Oklahoma City for the foreseeable future.

Westbrook will be 34 when his extension is up as he’s signed through the 2022-23 season.

The new CBA allows players like Westbrook to sign an extension known as the Designated Player Veteran Exception. The DPVE allows for Westbrook to make anywhere from 30-35 percent of the salary cap, which will be an estimated $102 million in 2018-19 when his DPVE kicks in. Westbrook was under contract for one more season at $28.5 million on his original contract re-negotiation signed last summer.

“I’ve said it before, and I’ll say it again, there is no place I would rather be than Oklahoma City,” said Westbrook. “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?”

Russell Westbrook won the 2016-17 NBA MVP last season, scoring an NBA record 42 triple-doubles. He then averaged a triple-double just for show. Oklahoma City is in great hands.

Oklahoma City’s largest priority, signing Westbrook, is accomplished. Now trying to secure Paul George and/or Carmelo Anthony remains next on task. It is believed both will opt out of their player options. However, the Thunder retain the bird rights on both players.

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