Report: Williams, Clippers agree to 3-year, $24M extension

Lou Williams appears to be staying put with the Los Angeles Clippers.

The shooting guard and the team have agreed to terms on a three-year, $24-million contract extension, league sources told The Vertical's Shams Charania. It includes a reported $1.5-million partial guarantee in year three, although that season is a team option, sources told ESPN's Adrian Wojnarowski.

The deal ends any chance of the gunner being dealt prior to Thursday's NBA trade deadline. The 31-year-old is in the midst of a career season, averaging 23.3 points on 38 percent 3-point shooting.

With Williams off the market, rumored interested parties such as the Boston Celtics and Philadelphia 76ers may focus their attention on players like Tyreke Evans.

The reported deal also perhaps sheds some light on the Clippers' intentions. By locking up Williams, it seems unlikely a full rebuild is in the cards. However, center DeAndre Jordan can opt out of his contract to become a free agent this summer.