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Thad Foucher of Wasserman Media Group, the agent for Oklahoma City superstar Russell Westbrook, is engaged in serious talks with the Thunder on a contract renegotiation that could secure Westbrook through the 2018-19 season in Oklahoma City, league sources told The Vertical.
No deal has been finalized for the five-time All-Star guard, but there’s momentum toward a three-year, $85 million-plus maximum contract renegotiation agreement, league sources told The Vertical.
The proposed deal would include a player option on the third year, which would clear the way for Westbrook to return to free agency in 2018.
In the structure of a proposed deal, the renegotiation would move Westbrook’s salary in 2016-17 from $17.8 million to a $26.5 million max salary. Westbrook would make $28.5 million in 2017-18 and $30.6 million in the third year under the proposed renegotiated deal. Oklahoma City is able to offer the extension because it has the appropriate salary-cap space available.
For now, Westbrook is eligible to become an unrestricted free agent in 2017, and a new contractual commitment to Oklahoma City in the wake of Kevin Durant’s departure could be instrumental in recruiting another elite free agent to the Thunder’s talented core next summer.
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