UPDATE: According to Aldridge, the deal is done. Four years, more than $4 million a year. Should be finalized on Monday.
Free agency doesn’t begin officially for a few more hours, but the Thunder can already cross off their top priority on the offseason to-do list.
According to David Aldridge of NBA.com, Brooks and the Thunder have the basic terms of a four-year contract extension worked out. All that is remaining is some contract details and language. Brooks is set to make over $4 million per year. He made $2.1 last season in the last year of a three-year extension.
Brooks was set to become a coaching free agent at midnight and with openings in Portland and Orlando, two places Brooks has connections, he was set to draw serious interest. But according to Aldridge, the Thunder pitched to Brooks that both Kevin Durant and Russell Westbrook passed on free agency in order to remain with the organization.
It was never really a question as to if this was going to get done. It was more of when, and how much. Sam Presti made it clear that Brooks value to the team and its development was critical to its rise. And Brooks clearly has too much of a good thing going here to leave it. He just wanted to be paid like a top tier coach.
For reference, 11 NBA head coaches made $4 million or more last season, meaning Brooks will be in the top tier in terms of payscale. The highest paid coach in the league is Doc Rivers who makes $7 million a season. Potentially Brooks and the Thunder used Rick Carlisle’s new four-year extension as a barometer. Carlisle is making $4.5 million annually.
As head coach of the Thunder, Brooks has led the team to three playoff appearances, including a Western Conference finals berth and an NBA Finals trip. Under Brooks, the Thunder have gone 174-125 during the regular season.