Oklahoma City Thunder guard Russell Westbrook has signed a contract extension to stay with the team.“I am grateful to extend my contract with the Thunder and continue to play with the only organization that I have played for and have loved being a part of since I was drafted into the NBA,” Westbrook said. “I’m really excited about moving forward with this group of guys and continuing to play in front of the best fans in the world.”The terms of the deal were not disclosed. Adrian Wojnarowski of The Vertical reported Wednesday night that the deal is a three-year, $85 million contract renegotiation to keep the All-Star guard in Oklahoma City. The third year of the deal would be a player option, meaning Westbrook would have the opportunity to become a free agent in 2018, Wojnarowski said.IMAGES: Russell Westbrook staying put in OKC"Russell has been an outstanding leader of this team since he was drafted by our organization eight years ago. His competitiveness, character, and unique athletic ability have propelled him to the forefront of the game,” said general manager Sam Presti. “Russell personifies many of the traits that are synonymous with Oklahoma and Oklahomans. We are excited that Russell has chosen to continue to build the legacy of the Thunder with us as we move forward together."It has been a busy offseason for the Thunder.VIDEO: Russell Westbrook addresses decision to extend contract with ThunderOn NBA draft night, the team traded Serge Ibaka to the Orlando Magic for Victor Oladipo, Ersan Ilysova and rookie Domantas Sabonis.Durant then told the team on July 4 of his intention to sign with the Warriors.The team did not re-sign guard Dion Waiters, who left for the Miami Heat, but did sign FC Barcelona guard Alex Abrines, who was a 2013 draft pick of the Thunder.Westbrook will likely look to take charge of the team in the absence of Durant, and build off the 2015-16 season, in which averaged 23.5 points, 10.4 assists and 7.8 rebounds per game.