In a bit of surprising news, it is reported that the Oklahoma City Thunder extended forward Serge Ibaka to a 4 year $48 million contract Saturday morning. This makes any extension of 6th man of the year James Harden a bit tricky. Without an amnesty of a player (cough ... Kendrick Perkins ... cough) or a trade, an extension of Harden would almost certainly put OKC in luxury tax territory in 2013-14.
Couple that with owner Aubrey McClendon's "issues" and this makes for a very intriguing problem for the Thunder going forward. It will be interesting to see how they make their way through the financial wickets the next couple years.
For more about the extension, visit the best Thunder blog on the web Welcome to Loud City. They've got it covered