Russell Westbrook will not be a free agent next summer.
Oklahoma City's star point guard has agreed in principle to a new three-year deal with the Thunder worth a reported $85 million.
The deal reportedly includes an opt-out after the 2017-18 season.
Russell Westbrook has agreed in principle to a new deal with the Oklahoma City Thunder. It will be signed Thursday, per sources.
Technically this is a renegotiation (of this year's contract) and a 1+1 extension for Westbrook. Total value $85.7 million and change.
Arian Wojnarowski of Yahoo! Sports' The Vertical has more details.
Westbrook, 27, was set to become a free agent next summer. Many believed he would leave Oklahoma City, especially after Kevin Durant decided to sign with the Golden State Warriors.