The Oklahoma City Thunder haven't given up on the possibility of Russell Westbrook agreeing upon a renegotiated contract that includes an extension.

Westbrook could sign for an additional two seasons and $73.5 million by waiting until the 2017 offseason when he becomes a free agent.

"OKC is still trying to get Russell Westbrook to sign a contract extension," the source explained, "which he won't do because extensions at this time aren't in a player's best interest anymore. He won't do it."

The issue with the Thunder trading Westbrook is the uncertainty of that team signing him long-term.

"No team is going to pay a hefty price without getting a commitment from Westbrook," the source said. "Someone may pay a cheaper price without a commitment, but OKC probably doesn't do a deal like that."

There is nothing imminent at this point.

"Russ is in control of the situation. Not any team," the source said. "He controls his destiny. But if a team is going to get him, they need a long-term commitment."