Rajon Rondo says he has agreed to a five-year contract extension with the Boston Celtics, keeping the star point guard from entering the market as a restricted free agent after the season.

The deal has yet to be signed but Rondo said yesterday that was just a "formality."

The deal will be worth at least $55 million, according to ESPN.

Rondo is averaging 11.8 assists in the first week of the season, and has averaged 9.6 points and 5.8 assists over his three-plus seasons.

ELSEWHERE

Bucks: Milwaukee guard Michael Redd is out for at least two weeks after straining a tendon in his left knee during the Bucks' home opener.

Rockets 113, Jazz 96: Rookie Chase Budinger scored a career-high 17 points and was one of eight Houston players to score in double figures as the visiting Rockets beat Utah.

BOBCATS 79, NETS 68: Gerald Wallace had 24 points and 20 rebounds, and host Charlotte held New Jersey without a point for more than 10 minutes bridging the third and fourth quarters.

Kings 127, Grizzlies 116: Kevin Martin scored 48 points, Beno Udrih hit a game-tying layup with 1.6 seconds left in regulation and host Sacramento beat Memphis in overtime.

Clippers 93, Timberwolves 90: Chris Kaman had 25 points and 11 rebounds, Eric Gordon hit the go-ahead layup with 1:32 to play, and host Los Angeles beat Minnesota.

Knicks 117, Hornets 111: David Lee scored 28 points, Al Harrington had 13 of his 24 in the fourth quarter, and host New York beat New Orleans.