NBA Rumors: Russell Westbrook signing a 4-year, $118 million extension with OKC?

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NBA, NBA Rumors, Russell Westbrook, Oklahoma City Thunder, Kevin Durant
Russell Westbrook (Photo Courtesy: Keith Allison/Flickr)

Oklahoma City Thunder superstar point guard, Russell Westbrook, has been linked with many NBA rumors since Kevin Durant decided to join the Golden State Warriors. Westbrook has only one year left on his current deal but the Thunder is expected to convince him to sign an extension.

There were conflicting reports over the past month regarding Westbrook’s loyalty to Oklahoma City. Some were saying that there is no chance that he will sign a new deal while others are expecting him to stay with the Thunder and prove Durant wrong for leaving.

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According to Tommy Beer of Basketball Insiders, Russell Westbrook has the ability to renegotiate his current deal just like what the Houston Rockets and James Harden did this offseason. If Westbrook decides to renegotiate his contract, his 2016-17 season salary could go up from $17.8 million to $26.6 million.

The Thunder can renegotiate a new contract with Westbrook, possibly a four-year, $118 million deal that will lock him up until 2020. But if he gets traded, his new team can also offer him the same deal wherein his salary for the 2016-17 season increases by $8.8 million.

On the other hand, the five-time All-Star could always let his deal run out and become a free agent. Oklahoma City or the team that may acquire him can offer the most money, $167 million for five years, because they have his bird rights.

If Westbrook decides to leave OKC or his new team, he can only sign a maximum four-year, $123.3 million deal. Nevertheless, the 27-year-old point guard will be getting paid a lot of money to play basketball.

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According to Bobby Marks of The Vertical, Westbrook could also sign a much shorter extension that will make him a free agent in 2018. He will be a ten-year player at that point which means he’s eligible to have a starting salary of $35 million while the team owning his bird right could offer him a whopping five-year deal worth more than $200 million.

Photo Courtesy: Keith Allison/Flickr

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