Reigning NBA MVP Russell Westbrook has signed a contract extension to stay with the Oklahoma City Thunder, the team's executive vice president Sam Presti said on Friday.
Terms were not disclosed but several media outlets reported the extension was worth $US205 million ($A260 million).
The contract begins with the 2018-19 season, running through the 2022-23 campaign, and gives Westbrook the biggest guaranteed contract in the NBA.
There had been speculation about Westbrook's future with the Thunder given the movement of players throughout the league.
Oklahoma City, however, enjoyed a strong off-season that landed All Stars Paul George and Carmelo Anthony.
Westbrook displayed his happiness with the new contract by posting a picture of himself on his Instagram page, wearing an orange Thunder jersey with his arms raised, and the caption of: "WHY NOT?? WHY NOT??"
The 28-year-old Westbrook averaged 31.6 points, 10.7 rebounds and 10.4 assists and set an NBA record with 42 triple-doubles last season.
He joined Hall of Famer Oscar Robertson (1962) as the only players to average a triple-double over an entire season.
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