General Manager Sam Presti released a statement saying "We had a unique opportunity to enter into discussions with Kendrick to solidify his future with our organization. "We are pleased to know that he will be a part of our core group now and in the future. Kendrick's blue-collar, team-first approach aligns with the vision we hold for building a sustainable team in the Oklahoma City community."
The Boston Celtics had reportedly offered Perkins a four year contract worth $22 million before trading him to the Thunder. Perkins had been said to be looking for closer to $30 million over the same number of years.
Although he will be sidelined for the next 2-3 weeks with a sprained left knee, Perkins will be a huge addition to a team lacking an inside presence on defense. The team is not overly concerned, since this is a different knee than the one he had offseason surgery on last year.
In 12 games with the Celtics this season, Perkins averaged 7.3 points and 8.1 rebounds.
Perkins is hopeful he can be back in time for the Thunder's six-game homestand that starts March 18.
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