The Associated Press reports that Rashard Lewis has made his decision. The Seattle SuperSonics re-signed the free agent forward to a seven-year contract Thursday. Terms of the deal were not immediately disclosed but the Sonics have had a 7-year, $60 million offer on the table for a while. That deal included an additional $15 million in incentives. Te team reportedly gave him a deadline to sign or lose the offer.

Both sides appeared to be pleased with the signing.

''Seattle is where I started my NBA career and it is the city in which I wanted to continue it,'' Lewis said. ''Last year was very exciting and I have always felt that my future here is promising.''

''I am extremely happy to have Rashard back as part of this team,'' coach Nate McMillan said. ''He is a very coachable player and an important key to the Sonics future, and we are all eager to start training camp in two weeks.''

''We are very excited that Rashard is returning to the Sonics,'' general manager Rick Sund said. ''Re-signing him represents another important piece in a successful summer of shaping our roster.''

Corey Brock of the News Tribune confirms that the contract is an incentive-laden 7-year, $60 million deal. The incentives could push the value of the contract to $75 million and Lewis has an opt-out after the fifth season.