Victor Oladipo, Thunder Reportedly Agree on New Contract

The Oklahoma City Thunder and guard Victor Oladipo have reportedly come to terms on a four-year, $84 million contract extension, according to Shams Charania of The Vertical.

Adrian Wojnarowski of The Vertical first reported the news of the talks Sunday, noting the Thunder are also discussing an extension with center Steven Adams. Wojnarowski reported Monday that Oklahoma City was "making significant progress" on a four-year, $100 million extension with Adams.

Oladipo, 24, is in his first season with the Thunder after spending his first three with the Orlando Magic. He's averaged 15.5 points and 5.0 rebounds over the first two games of the season, struggling with his shot while taking a career-high 16.5 per game. He scored 21 points in Friday's win over the Phoenix Suns.

"Your mind is kinda like a sponge," Oladipo told reporters. "You got to teach yourself and talk to yourself before the game and in the course of a game, just reminding yourself what the goal is. You have to be great in order to help your team win."

The rookie extension game is a little murkier for teams this year because collective bargaining negotiations are ongoing. It's widely expected the NBA and players will come to terms on a new deal before next summer, which could alter how much cap space a team will have.

Under the current deal, the Thunder could have allowed Oladipo and Adams to go into the summer as restricted free agents to keep their cap holds low. They could have then negotiated with and signed another potential free agent and then gone over the cap to give new deals to Adams and Oladipo using their Bird rights.

Bobby Marks of The Vertical noted proposed changes to the CBA would lead to increases on those types of cap holds, making that plan far more difficult.

Extending Oladipo and Adams now may signal that the Thunder are willing to punt free agency next year. These proposed figures would essentially eliminate any potential cap room they would have.

While Adams is a known quantity and one of the NBA's best defensive centers, Oladipo is unproven in Oklahoma City. He spent the first three years shuffling through coaches and roles in Orlando and has not made significant progress as a player. His value at the moment is almost as much potential as it is tangible; the idea of a Oladipo-Russell Westbrook wrecking crew is more idea than realized fact.

But Oladipo was getting this money at some point regardless.

Follow Tyler Conway (@jtylerconway) on Twitter.