Report: Kendrick Perkins Signs Four-Year, $34.8 Million Contract Extension With Oklahoma City

by Michael Hurley on Tue, Mar 1, 2011 at 10:11AM

Before even playing a game for the Oklahoma City Thunder, newly acquired center Kendrick Perkins has signed a contract extension.

The Oklahoman first reported that Perkins signed the contract, while Yahoo's Adrian Wojnarowski tweeted that the deal is for four years and $34.8 million. The deal also includes bonus clauses, according to Wojnarowski, that can increase his pay.

Perkins turned down a four-year, $22 million offer from the Celtics earlier this year, a decision that likely played a large factor in his being shipped out of town last week with Nate Robinson in exchange for Nenad Krstic and Jeff Green.

"[The Celtics] offered me four years, but it was closer to like $22 million," Perkins told CSNNE.com at the beginning of February. "You talking four years, $30 million! Shoot, that's different. That's a big difference."

Perkins is currently sidelined with a knee injury. He's expected to be able to make his Thunder debut this month.