Thunder agree to terms with Serge Ibaka on four-year extension

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Update 5:51 p.m. ET Saturday:  The Thunder have announced the signing as official. Sam Presti held a call to congratulate everyone… before he left to get married. Dude signed his power forward to a four-year extension on his wedding day. Those guys are machines

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Well, that didn’t take long.

Yahoo Sports reports that the Oklahoma City Thunder have reached an agreement with forward Serge Ibaka on a four-year extension. The deal is reportedly for four-years, $48 million. That puts it as the same value the Brooklyn Nets signed considerably older and less impressive at this stage Gerald Wallace to this summer.

The extension is relevant on multiple levels. First, it means that Ibaka will not hit the market as a restricted free agent next summer and that the core of Durant and Westbrook have a defense-first shot blocker who can finish at the rim and hit the mid-range is intact. Ibaka finished second in Defensive Player of the Year votes this season and took another step forward in his development on both ends. Locking him up to a long-term extension saves them the grief of having to deal with questions about it for the forseeable future.

But that’s ignoring the bearded, Hello-Kitty-backpack-wearing elephant in the room, isn’t it?

The obvious turn here will be in regards to how it affects James Harden. Harden is also scheduled for restricted free agency next summer and there’s been rampant speculation about whether Oklahoma City can afford to keep both Ibaka and Harden. So you’re going to get bombarded with talk of how the Thunder are going to shop James Harden. Don’t buy in, until you hear from reputable sources on the matter. Clay Bennett has spoken in the past about a willingness to spend into the luxury tax to keep a winning team together. The Thunder are the very model of a winning team. Harden has expressed a desire to stay in Oklahoma City, Kevin Durant strongly wants him back. The Thunder may simply elect to keep those four players, deal with the luxury tax implications, and figure out the rest as they go.

Or they could trade him.

There’s just no way to tell.

But Oklahoma City made a bold decision late Friday night to commit to a future with Ibaka, which doesn’t preclude a future with Harden, but it makes the road tougher. We’ll pass along an update with contract details when they get leaked/ are available.

Report: Enes Kanter not yet permitted to travel to Mexico, where Thunder scheduled to play

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Remember when Turkey revoked Enes Kanter‘s passport?

That looms over the Thunder’s Dec. 7 game against the Nets in Mexico City.

Fred Katz of The Norman Transcript:

Without a valid passport, he is unable to travel to another country other than Canada, which allows entry from U.S. residents who have a Green Card. There is no such agreement with Mexico.

Kanter could receive a re-entry permit, a special document issued to citizens of other countries whose passports have been canceled for reasons the U.S. government deems unsuitable. The permit would allow Kanter to leave the U.S. for another country, such as Mexico, and still return. And the plan is for Kanter to acquire one before OKC’s game in Mexico City. Still, he is yet to receive a re-entry permit, according to a source with knowledge of the situation. There is, however, still ample time for that process to complete.

Kanter is a high-profile millionaire working for a billion-dollar company that has a vested interest in getting him to Mexico. He likely works this out.

Rumor: LeBron James and Kyrie Irving met in Miami

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LeBron James denied wanting to fight Kyrie Irving, but wanting to meet with his for-now Cavaliers co-star? That might be another story. Likewise, Irving – in light of his trade request – might not be eager to meet with LeBron.

But…

Tony Rizzo of ESPN Cleveland, as transcribed by Jackson Flickinger of King James Gospel:

“From very reliable sources. Plural. Kyrie and LeBron were in the same room over the weekend in Florida…Apparently these guys were in the same room and here’s the deal. I don’t know if there’s a thawing out process. All I do know is LeBron didn’t punch Kyrie the way Stephen A thought he would. I can report that. As for what they talked about or discussed…it was very cool. They didn’t get into any heated discussions.”

Did LeBron and Irving actually meet? Both were spotted in Miami, but maybe someone is just connecting dots that don’t belong connected.

Whether or not LeBron and Irving met, they might need to soon. Cleveland will have a tough time getting its desired return for Irving before the season, and Cavs owner Dan Gilbert discussed the possibility of Irving returning. LeBron isn’t getting traded.

No matter the disconnect between the two, LeBron and Irving might have to figure out how to work together a while longer. It’d be nice if that process has already begun.

Are Bulls and Dwyane Wade moving toward a buyout?

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About a month ago, the Bulls said they hadn’t discussed a buyout with Dwyane Wade.

Have the two sides progressed since?

Nick Friedell of ESPN:

Dwyane Wade isn’t long for the organization’s future and is expected to reach a buyout agreement at some point in the next few months.

Expected by whom?

People with direct knowledge of momentum toward a buyout?

Or everyone who can see that a 35-year-old earning $23.8 million fits poorly on a rebuilding team?

For the Bulls to now drop their biggest name and a large expiring contract that could prove useful in trades should require Wade surrendering a large portion of his salary. He doesn’t sound like someone inclined to do that yet.

A few months is a long time. As long as Wade gets bought out by March 1, he could join another team’s playoff roster. It’d surprise nobody if he gets bought out after the February trade deadline, which we already knew. I don’t see strong indication of something more imminent.

LeBron James’ camp already shooting down leaving-Cavaliers rumor

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LeBron James has done a terrible job shooting down rumors about him leaving the Cavaliers

Except this one from Chris Sheridan, who cited a source saying LeBron would “100 percent” leave Cleveland next summer due to a rift with Cavs owner Dan Gilbert.

Joe Vardon of Cleveland.com:

Sheridan’s source saying LeBron is leaving doesn’t make that true. But other anonymous sources denying it doesn’t make the denials true, either.