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Daequan Cook re-signs with Thunder for 2 years, $7.5 million

According to Marc Spears of Yahoo! Sports, the Oklahoma City Thunder have signed 24-year old 3-point specialist Daequan Cook to a 2 year, $7.5 million extension.

Cook, who was unceremoniously thrusted upon Oklahoma City to create cap space for the Heat in a 2010 draft-day trade, played in 43 games for the Thunder last season, and the 2009 3-point shootout champion gave the team some of the floor spacing it desperately needed by averaging a career-high 43.6% from the floor and 42.2% from the field. $7.5 million over two years seems steep for a one-dimensional player who averaged only 5.6 points per game last season, but the Thunder do need outside shooters, and Cook fills that role for them.