Thunder extend Victor Oladipo, Steven Adams

The Oklahoma City Thunder reach contract extensions with center Steven Adams and guard Victor Oladipo

The Oklahoma City Thunder signed center Steven Adams and guard Victor Oladipo to multi-year contract extensions, the team announced.

No financial terms were disclosed, but The Vertical reports that Adams will receive a four-year contract extension worth $100 million and that Oladipo's deal is worth an estimated $84 million.

"We are excited to extend our partnership with Steven and Victor,” said Thunder general manager Sam Presti. “Both players represent the Thunder’s present and future, exhibiting the values that the Oklahoma community and our organization hold in high regard: hard work, team first, resiliency and citizenship.”

Monday was the last day that NBA teams can extend the contracts of first-round picks from the 2013 draft.

The Thunder drafted Adams with the No. 12 pick in the 2013 draft. The Magic drafted Oladipo with the No. 2 pick, and the Thunder acquired him, Ersan İlyasova and the draft rights to Domantas Sabonis in a trade for Serge Ibaka in June.

• Steven Adams: NBA's Next Top Model

Adams is coming off a season in which he started 80 games and averaged 8.0 points, 6.7 rebounds and 1.1 blocks per game. He is currently averaging 13.0 points, 9.0 rebounds and 0.7 blocks per game.

Last year, Oladipo averaged 16.0 points, 4.8 rebounds and 3.9 assists per game.

The Thunder are 3–0 to start the season.

– Chris Chavez and Scooby Axson