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.

Phoenix council postpones vote on Suns arena renovation

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PHOENIX (AP) — The City Council has postponed a vote on a proposed $230 million renovation of the Talking Stick Resort Arena that would keep the Suns in downtown Phoenix.

The council agreed unanimously Wednesday to postpone a decision until Jan. 23 so residents can attend five public meetings to be held around Phoenix to discuss the project.

Suns owner Robert Sarver reportedly threatened to move the franchise to Seattle or Las Vegas if not given enough public funding.

Suns President and CEO Jason Rowley says the organization looks forward to the public discussions and to answering any questions about the proposed renovation.

The deal would revamp the nearly 30-year-old arena, the oldest in the NBA that is not currently being renovated.

The Suns agreed to a 40-year lease in 1992, but the deal included a provision for the team to opt out at 30 years.

Final minute of Celtics-Wizards featured five-possession, 10-point, no-stoppage stretch (video)

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Crunch time of a close NBA game is awesome.

It’s exponentially better when nobody calls timeout.

The Celtics and Wizards finished with a flourish tonight, Boston coming out ahead in a frenetic final minute. The last minute included two Kyrie Irving 3-pointers (one tightly contested, one extremely deep) and a sharp drive by John Wall (who had just returned to the game from an injury).

After a flow-killing foul in the final few seconds, the Celtics won, 130-25.

More games should be like this.

Jeremy Lamb hits game-winner despite Bismack Biyombo, others Hornets prematurely running on court to celebrate

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The Hornets sure were excited for Jeremy Lamb‘s game-winner against the Pistons tonight.

Too excited.

After Lamb hit a jumper to put Charlotte up two with 0.3 seconds left, several Hornets ran onto the court. Bismack Biyombo was nearly at halfcourt as Detroit tried to inbound! He was so far onto the court, I’m not even sure officials noticed him when dinging Malik Monk – closer to the bench –for the violation.

Ashley Holder:

The Pistons made a technical free throw to cut their deficit to one, but they still had to inbound from under their own basket. Their desperation pass was intercepted, and Charlotte held on for a 108-107 win.

Several Hornets were certainly relieved.

Crazily enough, this isn’t the first time we’ve seen this.

Suns’ T.J. Warren fined $15k for inappropriate language toward official following ejection (video)

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Everyone on the Suns seems frustrated.

In Phoenix’s loss to the Clippers on Monday, T.J. Warren got ejected. And his outburst will cost him extra.

NBA release:

Phoenix Suns forward T.J. Warren has been fined $15,000 for directing inappropriate language toward a game official following his ejection, it was announced today by Kiki VanDeWeghe, Executive Vice President, Basketball Operations.

This wasn’t a lengthy exchange. Warren didn’t linger on the court complaining. He must have said something extremely harsh to warrant two technical fouls and a fine that quickly.

(Despite confusion, the foul preceding the ejection was called on Deandre Ayton, not Warren.)