Free Agency 2020

Report: Steven Adams signs two-year, $35 million extension with New Orleans Pelicans

Kiwi big man Steven Adams has reportedly signed a two-year, $35 million extension with the New Orleans Pelicans, according to ESPN's Zach Lowe.

Adams arrived in New Orleans following a blockbuster four-team trade, headlined by Jrue Holiday's move to the Milwaukee Bucks. Per Lowe, the extension runs through 2022-23 and is fully guaranteed.

The 27-year-old joins the Pelicans' young core of Brandon Ingram, Zion Williamson, Lonzo Ball, and Josh Hart, providing a veteran presence for the young squad.

The Pelicans drafted high-flying center Jaxson Hayes with the No.8 pick in the 2019 NBA Draft and while the 20-year-old projects to be a big part of their long-term future, Adams' presence allows for Hayes to grow into his role.

Last season Adams averaged 10.9 points, 9.3 rebounds, and 1.1 blocks for the Thunder and will bring some hard-nosed defence, offensive rebounding, and bone-crushing screens to his new team.

Adams is currently entering the final year of a four-year, $100 million extension he signed with the Thunder in 2016 and is set to earn $27.5 million this season.

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