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Source: Russell Westbrook Signs 10-Year Extension with Nike’s Jordan Brand

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Russell Westbrook, the NBA’s reigning Most Valuable Player, will look to continue to establish himself as one of the league’s top global superstars, inking a 10-year extension with Nike’s Jordan Brand that will be the most lucrative total endorsement deal for a Jordan athlete to date, according to industry sources.

After first signing on with the brand to an initial five-year endorsement deal in 2013, Westbrook has been positioned as the face of the brand and led the annual Air Jordan model each subsequent season. During that stretch, he also elevated his game on a year-by-year basis as the franchise point guard of the Oklahoma City Thunder.

The new shoe deal extension, negotiated by the Wasserman agency and Westbrook’s longtime agent, Thad Foucher, is in advance of the initial deal’s expiration next fall. The increased pay rate will also retroactively apply towards his 2016-17 MVP season, according to sources. He wore Nike sneakers during his first four years in the NBA, before the company aligned him with Jordan, in order to have a dual-brand presence alongside Nike signature athlete and then-teammate Kevin Durant.

The long-term extension will link the 28-year-old Westbrook with Jordan Brand through as long as the 2025-2026 NBA season. The deal will also include both on- and off-court signature sneakers, new territory for Westbrook. As he’s continued to lead the Air Jordan game shoe each season, the brand launched two off-court geared silhouettes, dubbed the Westbrook 0.1 and 0.2, but had held off on designing a performance signature shoe for the hardwood

Source: Nick DePaula of ESPN

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2018 Free Agency Diary

Sources: 76ers Trade Richaun Holmes to Suns

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The 76ers are trading forward Richaun Holmes to the Phoenix Suns, league sources tell Yahoo.

Sources: Shams Charania on Twitter

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2018 Free Agency Diary

Sources: Nets Trade Darrell Arthur to Suns for Jared Dudley

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Brooklyn agreed to trade w/ Phoenix to acquire Jared Dudley and 2021 second-round pick for Darrell Arthur, league sources tell ESPN. Arthur ($7.4M) headed for buyout; Dudley ($9.5M) will have that conversation with Nets. Suns save some salary, Nets get a pick protected to No. 35.

Source: Adrian Wojnarowski on Twitter

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2018 Free Agency Diary

Sources: Hawks, Thunder, 76ers Agree to Three-Team Trade

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Oklahoma City has agreed to trade Carmelo Anthony and a protected 2022 first-round pick to Atlanta for point guard Dennis Schroder and Mike Muscala, league sources tell ESPN. Anthony will be waived, and he will join team of his choice. Rockets are frontrunner.

Sources: Muscala ($5M) is likely headed for a third team in near future. OKC GM Sam Presti and coach Billy Donovan were given permission to talk with Schroder, and they’re enthusiastic about partnership. OKC wants more speed, another ball handler.

Sources: As part of multi-team Carmelo Anthony/Dennis Schröder deal, Atlanta’s Mike Muscala will go to Philadelphia, 76ers’ Timothé Luwawu-Cabarrot will be traded to Oklahoma City and 76ers’ Justin Anderson to Atlanta.

Source: Adrian Wojnarowski and Shams Charania on Twitter

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