NBA phenom Steven Adams is officially New Zealand's highest-paid athlete after signing an enormous new contract with the Oklahoma City Thunder.
While the exact value of the contract is yet to be confirmed, it's understood to be at an approximate annual rate of $NZ35 million over a four year period, which would see Adams comfortably surpass Team Oracle boss Sir Russell Coutts (NZ$13 million per year) at the summit of New Zealand's sporting rich list.
Thunder General Manager Sam Presti released a statement on the team's website expressing his enthusiasm at securing the seven-footer's services, but as per team policy, there was no mention of the new deal's precise amount.
"We are excited to extend our partnership with Steven and Victor," said Presti, referring to Adams and teammate Victor Oladipo who also recommitted to the side on Tuesday (NZT).
"Both players represent the Thunder’s present and future, exhibiting the values that the Oklahoma community and our organization hold in high regard: hard work, team first, resiliency and citizenship."
The 23-year-old has become a cornerstone of his team after a breakout campaign in 2015, which was highlighted by some outstanding performances during a deep playoff run.
Adams played a starring role for the Thunder throughout the playoffs, defying the odds in pushing the history-making Golden State Warriors to the brink of elimination, before falling in the decisive Game 7 of their conference finals series.
And his role is only set to increase further, following the departure of superstar Kevin Durant to the Warriors.
The Rotorua native has just entered his fourth season with the franchise, which chose him as the 12th pick of the draft back in 2012 - and with his rookie deal expiring at the end of 2016, the Thunder were eager to secure his services for the long-term future.
Adams has made an impressive start to the 2016/17 NBA season, posting per game averages of 13.0 points, 9.0 rebounds and 2.3 steals as the Thunder remain unbeaten through their opening three contests.
Newshub.