Russell Westbrook Signs NBA Contract Extension With Oklahoma City Thunder

Guard Russell Westbrook signed a multiyear contract extension with the Oklahoma City Thunder, likely keeping him teamed with fellow All-Star Kevin Durant for the next several years.

Financial terms and the exact length of the deal weren’t disclosed in a news release announcing the extension. It’s worth $80 million over five years -- the maximum allowed -- and will go into effect next season, Yahoo! Sports said, citing unidentified people in the National Basketball Association.

Durant, who like Westbrook is 23, signed a five-year contract extension in July 2010 that will keep him under contract through the 2015-16 season, according to ESPN.

Oklahoma City has the best record in the Western Conference at 12-3. The club reached the conference finals last season before falling in five games to the Dallas Mavericks, the eventual NBA champions.

Westbrook, who was named second team All-NBA last season, has career averages of 17.9 points, seven assists and 4.8 rebounds per game. By the end of the 2010-11 campaign he became one of five NBA players to record 4,000 points, 1,500 assists and 1,000 rebounds through his first three seasons, joining LeBron James, Chris Paul, Anfernee Hardaway and Oscar Robertson.

Westbrook is averaging 20.5 points, 5.5 assists and five rebounds per game this season, and this week he was named one of 20 finalists to play for the U.S. during the 2012 Olympics in London.

To contact the reporter on this story: Mason Levinson in New York at mlevinson@bloomberg.net.

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net.

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