By Will Yoder
January 19, 2012

Update - 1:10 p.m.: Yahoo! has reported that Westbrook's contract is for five-years, $80 million. The agreement will begin at the start of next season.

Original: Oklahoma City Thunder point guard Russell Westbrook has signed a five-year, $78 million contract according to Yahoo! Sports.

[tweet https://twitter.com/WojYahooNBA/status/160058530559295488 align='center']

The fourth-year guard has quickly emerged as one of the most talented scoring point guards in the league. Last season the 23-year-old averaged 21.9 points and 8.2 assists per game for the up-and-coming Thunder. By locking up Westbrook for five-years, Oklahoma City now have both their starting point guard as well as superstar forward Kevin Durant under team control for the next four seasons.

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