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Oklahoma City Wiretap

Ridnour's Extension Worth $18 Million

Luke Ridnour's contract extension with the Sonics is believed to be worth $18 million over three seasons.

Talks between general manager Rick Sund and Ridnour's agent, Lon Babby, intensified this weekend, and the agreement was finalized after Sund met with new owner Clay Bennett.

"I'm excited that it's over with and now I can get ready to play," said Ridnour, who has averaged 9.2 points and 5.2 assists in 230 career games. "This is where I want to be. I like what we've got going here, and I am excited about being a part of where the organization is going."

Via Seattle PI


Sonics Announce Ridnour Extension

Seattle SuperSonics General Manager Rick Sund announced today that the Sonics have signed Luke Ridnour to a multi-year contract extension. Per team policy, terms of the contract were not released.

“We're very excited about extending Luke's contract,” Sund said. “It's a good fit for both sides. Luke has proven over the last three seasons that he can lead this team, and we're happy about keeping him with the Sonics. We feel like the combination of Luke and Earl Watson at the point guard position is a great tandem and one of the best back court tandems in the league.”

Last season, Ridnour averaged career highs in all three major statistical categories, with 11.5 points, 7.0 assists and 3.0 rebounds per game. He shot 87.7 percent (199-227) from the foul line. Ridnour has appeared in 230 NBA games in three seasons with the Sonics and holds career averages of 9.2 points, 5.2 assists and 2.4 rebounds. He has connected on 87 percent (423-486) of his free throws. Ridnour was the 14th overall pick in the 2003 NBA Draft.

“I'm very pleased to be a part of the Sonics organization for years to come,” said Ridnour. “My style of play compliments the way we like to play as a team. I'm excited to help lead this team to future success.”

Via Press Release


Sonics And Ridnour Agree On Extension

The Seattle SuperSonics and point guard Luke Ridnour have agreed on a multi-year contract extension.

The length and terms of the extension are not known at this hour.

A press conference to make a formal announcement has been schedule for 8:00 PM EST.

Via Press Release


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