NBA rumors: Pelicans, Steven Adams agree to a contract extension

Zach Lowe: As part of his trade to New Orleans, the Pelicans have signed Steven Adams to a 2-year, $35M extension, sources tell @Adrian Wojnarowski and I.

More on Steven Adams Extension

The Oklahoma City Thunder has signed center Steven Adams and guard Victor Oladipo to multi-year contract extensions, it was announced today by Executive Vice President and General Manager Sam Presti. Per team policy, terms of the deals were not disclosed. “We are excited to extend our partnership with Steven and Victor,” said Presti “Both players represent the Thunder’s present and future, exhibiting the values that the Oklahoma community and our organization hold in high regard: hard work, team first, resiliency and citizenship.”
There’s no agreement yet, but both sides feel strong momentum toward a deal, league sources said The deal would cement Adams, 23, as a Thunder franchise cornerstone along with All-Star guard Russell Westbrook. As part of the NBA’s 2013 draft Class, the extension would keep Adams out of restricted free agency next summer.
Ramona Shelburne: Now that Russell Westbrook's new deal is done, look for the Thunder to try and lock it down with @RealStevenAdams
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January 27, 2021 | 6:11 pm EST Update