Updated: August 18, 2012, 9:05 am ET

Ibaka, Thunder Reach Terms On Extension

By HOOPSWORLD
Basketball News & NBA Rumors

Oklahoma City forward Serge Ibaka has reached agreement on a four-year, $40-million plus contract extension, league sources told Yahoo! Sports.

Ibaka, 22, could’ve been a restricted free agent next summer, and his deal now locks into place three of the Thunder’s core young stars — Kevin Durant, Russell Westbrook and Ibaka.

This deal leaves the future uncertain for guard James Harden, who could command a maximum contract on the league market as a restricted free agent next summer. Along with the remainder of Kendrick Perkins three years and $27 million, the small-market Thunder will be hard-pressed to invest so much money into his payroll.

In his third NBA season in 2011-’12, Ibaka averaged 9.5 points, 7.5 rebounds and 3.6 blocks per game. He’s one of the league’s best rim protectors, and been rapidly developing his offensive game. Ibaka was a key player on Spain’s silver medal winning Olympic team this month in London.

via Yahoo! Sports

Your comments are important to us, so please share your thoughts. We will be rolling out prizes and giveaways for our active Commenters. Please keep the comments above board and respectful to everyone and you could win some great stuff from us at HOOPSWORLD.