Thunder Rumors

Thunder Waive Rudy Gay

JULY 20: The Thunder have officially released Gay, per a press statement.


JULY 19: The Thunder are waiving forward Rudy Gay, sources tell Shams Charania of The Athletic (Twitter link).

Gay, who turns 37 next month, has been traded twice this offseason. The Jazz sent him to Atlanta in the John Collins deal, and then the Hawks moved him to Oklahoma City in a salary dump.

As Joe Mussatto of The Oklahoman tweets, releasing Gay will open up a roster spot, which the Thunder will use to officially sign Jack White. The two sides agreed to the terms of a contract on July 1, but OKC made some trades to add draft assets, temporarily putting the deal on hold.

Gay has had a long and highly productive NBA career, often popping up on lists of the best players to have never been an All-Star. He averaged at least 17 points and five rebounds per game in 10 consecutive seasons from 2007-2017 with the Grizzlies, Raptors and Kings.

While the 17-year veteran was still a solid performer as recently as 2020/21 with the Spurs, he battled injuries over his two seasons with the Jazz, appearing in just 111 of a possible 164 regular season games. His production slipped as well, with Gay posting career lows in virtually every major statistic over the past two campaigns.

Overall, Gay has appeared in 1120 regular season contests, including 779 starts, with career averages of 15.8 PPG, 5.6 RPG, 2.0 APG, 1.1 SPG and 0.7 BPG on .452/.346/.799 shooting in 30.9 MPG. In ’22/23, he averaged just 5.2 PPG and 2.9 RPG on .380/.254/.857 shooting in 56 games (14.6 MPG).

Gay is virtually certain to go unclaimed on the waiver wire, as he’ll earn a guaranteed $6,479,000 in ’23/24, which is the final year of his contract. The Thunder will be on the hook for that full amount in a couple days if he isn’t claimed, while the former UConn star will become an unrestricted free agent.

Anthony Slater of The Athletic previously identified the Warriors as a team that might be interested in Gay if he were to hit the open market.

Thunder’s Williams, Holmgren Among Players Joining USA Select Team

Jalen Williams and Chet Holmgren of the Thunder and Jalen Green of the Rockets are among the young players joining the USA Select Team ahead of the upcoming FIBA World Cup, league sources tell Shams Charania and Joe Vardon of The Athletic.

Those three players will be eligible to travel with Team USA to the Philippines and could potentially be added to the 12-man national team roster in the event of an injury, per The Athletic.

Williams, Holmgren and Green will be joined by Pistons guard Cade Cunningham and Kings forward Keegan Murray for Team USA’s training camp in a couple of weeks, where they will practice and scrimmage against the main roster, according to Charania and Vardon. As many as 12 players could end up being named to the Select Team.

ESPN’s Adrian Wojnarowski first reported (via Twitter) that Cunningham would attend the training camp. The 2021 No. 1 overall pick was actually offered a spot on the senior team’s roster, according to Wojnarowski, but decided to forgo the opportunity in order to focus on the 2023/24 season. Cunningham was limited to 12 games last season due to a shin injury which required surgery.

Williams, the runner-up for the ’22/23 Rookie of the Year award, is coming off a stellar first season with OKC, averaging 14.1 PPG, 4.5 RPG, 3.3 APG and 1.4 SPG on .521/.356/.812 shooting in 75 games (30.3 MPG). Holmgren, the No. 2 overall pick last year, missed the entire season due to foot surgery, but he’s healthy again and recently played during Las Vegas Summer League.

Green, the No. 2 overall pick in 2021, averaged 22.1 PPG, 3.7 RPG and 3.7 APG on .416/.338/.786 shooting in 76 games (34.2 MPG) for Houston last season. Murray was the fourth pick of last year’s draft. The former Iowa product averaged 12.2 PPG and 4.6 RPG while shooting 41.1% from three-point range during his All-Rookie First Team campaign.

The Americans will start training camp for the World Cup on August 3 in Las Vegas, with their first game scheduled later that month in the Philippines.

Contract Details: Yurtseven, Micic, Jones, Craig, Banton, Bazley, Petrusev

The Jazz‘s deal with Omer Yurtseven is a two-year contract that features a partial guarantee for 2023/24 and is non-guaranteed in ’24/25, according to Michael Scotto of HoopsHype (Twitter link).

As previously reported, Yurtseven’s first-year salary is $2.8MM. His partial guarantee for the coming season is worth half that amount ($1.4MM), tweets Yossi Gozlan of HoopsHype. The big man’s deal has a descending structure, Hoops Rumors has learned, so assuming he remains under contract through the first year, his cap hit for ’24/25 will dip to $2.66MM.

Here are more details on a few recently signed contracts from around the NBA:

  • Vasilije Micic‘s three-year, $23.5MM contract with the Thunder includes a team option in the third year, league sources tell Michael Scotto of HoopsHype (Twitter link).
  • The Spurs signed Tre Jones to a two-year contract with a descending structure, Hoops Rumors has learned. The guaranteed base salaries are worth approximately $9.9MM and $9.1MM, for a total of $19MM. Jones can earn an extra $1MM in unlikely incentives to increase the total value of the deal to $20MM.
  • Torrey Craig‘s two-year deal with the Bulls, which includes a second-year player option, is for the veteran’s minimum.
  • Dalano Banton‘s two-year, minimum-salary contract with the Celtics is partially guaranteed for $200K in 2023/24. His guarantee will increase to a little over $1MM (50% of his salary) if he remains on the roster beyond the first day of the regular season. His second year is a team option.
  • Darius Bazley‘s one-year, minimum-salary deal with the Nets is non-guaranteed. He’ll receive a $200K partial guarantee if he makes the opening-night roster. That partial guarantee would increase to $700K if he’s still under contract beyond December 15.
  • The Sixers signed Filip Petrusev to a two-year, minimum-salary contract that is non-guaranteed in the second season. The first year is partially guaranteed for $559,782, which is half of the rookie minimum (and the equivalent of the full-season salary for a player on a two-way contract).

Thunder Sign Mark Daigneault To Contract Extension

The Thunder have signed head coach Mark Daigneault to a contract extension, the team announced today in a press release.

Oklahoma City didn’t provide any specific details on how long the new agreement will keep Daigneault under contract, simply referring to it as a “multiyear” deal.

Daigneault, 38, worked under Billy Donovan as a graduate student at Florida, then joined him as an assistant on the Gators staff from 2010-14 before making the move to OKC. He was the head coach of the Oklahoma City Blue – the Thunder’s G League affiliate – for several seasons while also serving as an assistant on Donovan’s staff with the NBA club in 2016 and again in 2019/20.

Following Donovan’s exit for Chicago in 2020, the Thunder promoted Daigneault to head coach. While his 86-150 (.364) record across three seasons doesn’t look great on paper, the rebuilding club has shown real signs of progress under Daigneault, particularly in 2022/23 — OKC went 40-42 during the regular season and won a play-in game in New Orleans before losing out on the No. 8 seed by dropping a second play-in contest in Minnesota.

Daigneault, who was the runner-up to Mike Brown in Coach of the Year voting this spring, will be tasked going forward with turning an ascendant team led by Shai Gilgeous-Alexander, Josh Giddey, Jalen Williams, Luguentz Dort, and Chet Holmgren into a legitimate contender.

Thunder Sign Vasilije Micic To Three-Year Deal

JULY 17:  The Thunder have officially signed Micic, according to a team press release.


JULY 1: European star Vasilije Micic has agreed to a three-year, $23.5MM contract with the Thunder, agent Jason Ranne tells ESPN’s Adrian Wojnarowski.

Micic traveled to Oklahoma City a few weeks ago to discuss a potential contract with the Thunder. A report last week from Christos Tsaltas of Sportal.gr stated that Micic was “determined” to play in the NBA in 2023/24, and now he’ll be coming stateside on a lucrative multiyear deal.

Micic, 29, was selected by Philadelphia with the 52nd overall pick in the 2014 draft. The Sixers traded his draft rights in 2020 to the Thunder, who have held them for the last three years.

The 6’5″ guard has been playing in Europe since 2010 and has been a member of Anadolu Efes since 2018. He won back-to-back EuroLeague championships with the club in 2021 and 2022 and was named the EuroLeague’s Most Valuable Player in 2021. He and Anadolu Efes have also claimed Turkish League titles in 2019, 2021, and 2023, with Micic earning Finals MVP honors this year.

The Thunder already have several young guards on their roster, but they seem quite high on the Serbian veteran. According to Jake Fischer of Yahoo Sports (Twitter link), several teams trade to acquire Micic’s rights during last month’s NBA draft, including the Jazz, but OKC decided to retain him.

Micic averaged 16.0 points, 5.4 assists and 3.2 rebounds in 31 EuroLeague contests last season, posting a .435/.357/.870 shooting line in 31 games (31.3 minutes).

The Thunder may have their room exception, which can now be used on signings of up to three years, earmarked for Micic.

Thunder Notes: Holmgren, Mann, Williams, Presti

No matter what else happened for the Thunder, the highlight of Summer League was seeing Chet Holmgren back on the court, writes Joe Mussatto of The Oklahoman. After missing all of last season with a Lisfranc injury to his right foot, the No. 2 pick in the 2022 draft showed off his potential in Salt Lake City and Las Vegas, averaging 16.5 points, 9.8 rebounds and 2.0 assists in four games.

While he looked rusty in some areas, such as committing 15 turnovers and shooting 1-of-9 from three-point range, Mussatto notes that the most encouraging part of Holmgren’s game was watching him protect the basket. He averaged 3.5 blocks per game and used his 7’1″ frame to alter numerous other shots.

“Conditioning wise, there’s millions of hurdles you have to go through in the process of returning to play,” Holmgren said after his Summer League return. “Not being able to play a game for a year, it’s really hard to test and see where you are. … It’s definitely something I have to continue to work on, and I’ll be ready by the time training camp starts. I feel like I’ll have myself prepared to be in in-season shape.”

There’s more on the Thunder:

  • Tre Mann was shut down in Las Vegas due to an avulsion fracture in his right middle finger, but it’s not believed to be a long-term concern, Mussatto adds. The Thunder expect the backup point guard to resume basketball activities by the end of July.
  • The selection of Jaylin Williams in the second round of last year’s draft will allow Holmgren to spend more time at power forward and avoid the physical contact that comes with playing center, notes Anthony Slater of The Athletic. Williams is a rugged 6’10” big man who led the NBA in drawing charges last season and shot 40.7% from beyond the arc. “It’s good because it allows my length to be found in the game in different ways,” Holmgren said of playing alongside Williams. “When he’s at the five, he’s in (screen) coverage more, and I’m able to kind of move around and roam the court a little more on defense, be the low man in help and be able to come over for blocks if somebody gets beat or use my length in the passing lanes and as an on-ball defender.”
  • General manager Sam Presti didn’t add anyone this summer who projects as a long-term keeper, Slater observes in the same piece. Presti opted to use his cap room to collect more draft assets while taking on the contracts of Davis Bertans, Victor Oladipo and Rudy Gay. Slater views Oladipo and Gay as buyout options, while Bertans may reach that status eventually with just $5MM guaranteed for 2024/25. Presti also traded for former first-round picks Usman Garuba and TyTy Washington, but Slater doubts that they’ll see much playing time considering the talent that’s already in place.

And-Ones: Team Canada, Ownership Stakes, Cap Room, Giles

While a Team USA roster led by Jalen Brunson, Anthony Edwards, Brandon Ingram, and Mikal Bridges will enter the 2023 World Cup as the frontrunner next month, Team Canada’s initial 18-man group features some real star power.

The extended roster, announced this week by Canada Basketball, is headlined by Nuggets guard Jamal Murray, Thunder guard Shai Gilgeous-Alexander, Thunder forward Luguentz Dort, Knicks forward RJ Barrett, and Rockets forward Dillon Brooks.

It also features five other players currently on NBA rosters: veteran big men Dwight Powell (Mavericks) and Kelly Olynyk (Jazz), guards Nickeil Alexander-Walker (Timberwolves) and Cory Joseph (Warriors), and forward Oshae Brissett (Celtics). Purdue’s star center Zach Edey is on the roster too.

Team Canada will have to make a few cuts to get down to 12 players for the World Cup, and it’s possible some of the more notable names will drop out in order to focus on the NBA season. However, league sources tell Joe Vardon of The Athletic that Murray has reaffirmed his commitment to the team despite a lengthy postseason run with the Nuggets this spring.

Here are a few more odds and ends from around the basketball world:

  • The minimum stake that someone can own in an NBA franchise has been lowered, according to Mike Vorkunov of The Athletic, who says a minority shareholder can now control as little as 0.5% of a team, down from 1%.
  • A total of eight teams operated below the cap this offseason, having entered the league year with $277MM in combined cap room, per Yossi Gozlan of HoopsHype. As Gozlan outlines, over half of that league-wide cap space was used to accommodate trades or contract negotiations rather than free agent signings.
  • Sean Cunningham of FOX40 in Sacramento (video link) caught up with free agent big man Harry Giles to talk about the 25-year-old’s efforts to make it back into the NBA, as well as the new rule related to two-way contracts that will unofficially be named after him.

Northwest Notes: George, Nuggets, Lillard, Holmgren

Rookie Jazz shooting guard Keyonte George, the No. 16 pick in this summer’s draft out of Baylor, injured his ankle midway through a Wednesday Summer League contest against the Nuggets, writes Sarah Todd of The Deseret News.

There is no official diagnosis of the ailment as of this writing, but there’s also no indication to suggest it will adversely impact his status for training camp in the fall.

“It’s a gut punch for us, but the absolute biggest gut punch for him, especially with how well he was playing,” Utah’s Summer League team head coach Evan Bradds said. “It’s terrible, it sucks. Whenever you see somebody go down it sucks no matter where you’re at, what you’re doing.”

Sources have informed Todd that George won’t be available for the rest of Summer League.

There’s more out of the Northwest Division:

  • The reigning champion Nuggets‘ Summer League run has been a bit of mixed bag. The team has gone 0-3 thus far in Las Vegas, but the performance of Peyton Watson in particular has given president Calvin Booth hope that he can help replace the output of Bruce Brown, who left Denver in free agency, per Parker Gabriel of The Denver Post. “Really excited about Peyton Watson,” Booth said. “I think we have some guys that can come in and try to replace some of what Bruce did.”
  • As Damian Lillard trade chatter continues, Pelicans executive David Griffin weighed in on how the Trail Blazers can take advantage of their All-Star’s demand to be moved, as Anthony Chiang of The Miami Herald relays. The Heat are known to be Lillard’s preferred destination. “I want people to invent as many different scenarios as they can and put them out into the universe because it gives you leverage,” Griffin told Amin Elhassan and Justin Termine of SiriusXM NBA Radio (Twitter video link). “If there’s actually a chance that you would trade him somewhere other than Miami, you get a much better deal.”
  • A right foot surgery postponed Thunder lottery pick Chet Holmgren‘s NBA debut for an entire season. Ahead of 2023/24, the 7’1″ big man seems to be gearing up for an impactful rookie run, says Mark Medina of Sportsnaut.

Thunder Trade Patty Mills To Hawks For Three Players, Second-Round Pick

JULY 12: The trade is official, according to a press release from the Hawks.

The Thunder’s press release indicates that OKC is receiving a 2026 second-round pick in the deal. Atlanta previously traded away its own ’26 second-rounder, but controlled Golden State’s second-rounder for that year, so that’s presumably the one headed to the Thunder.


JULY 8: The Thunder have agreed to trade guard Patty Mills to the Hawks in exchange for guard TyTy Washington, forward Rudy Gay, big man Usman Garuba, and a second-round pick, sources tell Adrian Wojnarowski of ESPN (Twitter link).

This trade agreement will likely be separate from the five-team sign-and-trade deal that will send Dillon Brooks to Houston, tweets Yossi Gozlan of HoopsHype.

Mills, Washington, and Garuba – who are all still technically Rockets for the time being – are all expected to be involved in that Brooks trade, with Mills ticketed for Oklahoma City and Washington and Garuba on track to land in Atlanta.

However, they probably can’t simply be rerouted to new destinations within the same transaction, since the Thunder don’t have the cap room necessary to take on the additional salary, Gozlan notes. OKC would be able to salary-match and go over the cap using Mills ($6.8MM) in a separate deal.

Having initially agreed to take on Washington ($2.3MM) and Garuba ($2.6MM) in a salary-dump trade that netted them two second-round picks, the Hawks will still come out ahead by sending one second-rounder to the Thunder and will shed Rudy Gay‘s unwanted expiring contract ($6.5MM) in the process.

Atlanta will end up with Mills – who may or may not remain on the roster and play a role in the team’s backcourt in 2023/24, per Wojnarowski (Twitter link) – and will save a little money while opening up a couple roster spots. The team is now $8.2MM under the tax line with 16 players on standard contracts, including three on non-guaranteed deals, tweets Gozlan.

Mills almost certainly wasn’t in the Thunder’s plans — they’d agreed to take him into their cap room as part of the Brooks sign-and-trade in order to acquire a pair of second-round picks. Those picks will be Houston’s 2029 and 2030 second-rounders, per Kelly Iko of The Athletic (Twitter link).

It’s unclear if the Thunder envision Washington, Garuba, or Gay opening the season on their roster. But even if all three of those players are waived, Oklahoma City will add another second-round pick in this deal, which is presumably the priority.

This will be the third time Mills has been traded this offseason. He was sent from Brooklyn to Houston and will move from Houston to OKC before heading to Atlanta.

A veteran combo guard who will turn 35 next month, Mills was no longer a major part of the Nets’ rotation last season — his 14.3 minutes per game represented his lowest average since the 2012/13 season. He recorded 6.2 points and 1.4 assists per game in 40 appearances, with a shooting line of .411/.366/.833.

Garuba was a first-round pick in 2021 and Washington was a first-rounder in 2022, but neither player has established himself as a consistent, reliable NBA player so far. As for Gay, he has compiled an impressive career résumé across 17 seasons in the league, but he’ll turn 37 in August, so his best days are behind him.

Northwest Notes: Lillard, T. Brown, Milton, J. Collins, OKC

Appearing on ESPN’s SportsCenter (YouTube link) on Monday night to provide an update on the Damian Lillard trade talks, Adrian Wojnarowski said it’s still “very early” in the process, pointing out that there’s no deadline looming to force the Trail Blazers into action — or to push potential Lillard suitors to submit their best offers.

While the Clippers would “love to be part of this process,” they don’t necessarily have the sort of assets the Blazers are seeking for Lillard, according to Wojnarowski. Portland also isn’t particularly moved by what what the Heat has to offer, but that Miami package may be the best the Blazers can get, Woj suggests.

“Now it’s going to be a process over perhaps this month, August, maybe into September, for Portland to try to extract as much as they can from Miami,” Wojnarowski said. “It isn’t like Miami comes to the table and says, ‘Here’s everything we have for Damian Lillard. Here you go.’ It doesn’t start that way. They’re gauging what Portland has (had) offered to them elsewhere.”

Here’s more from around the Northwest:

  • Troy Brown‘s two-year, $8MM deal with the Timberwolves is only guaranteed for one year, according to Michael Scotto of HoopsHype (Twitter link). Brown’s $4MM salary for 2024/25 is non-guaranteed. The Wolves used the same structure when they signed Shake Milton, whose $5MM salary for ’23/24 is guaranteed while his $5MM salary for ’24/25 isn’t, Hoops Rumors has learned. Nickeil Alexander-Walker‘s two-year, $9MM contract, on the other hand, is fully guaranteed.
  • After being the subject of trade speculation for years in Atlanta, John Collins is looking forward to getting a fresh start with the Jazz, he said during an interview on the team’s official website. “I was excited going to a place that I knew really wanted me and was trying to have me in the organization,” Collins said. “It’s always very nice to hear and know coming to a place that really wants you and really wants you to excel here. It’s a big sigh of relief knowing that all the trade talks are over and I can go to my new home and start anew.”
  • The Thunder‘s decision to use their cap room to accommodate salary dumps like Davis Bertans, Victor Oladipo, and Patty Mills this offseason reflected the team’s focus on its young core, Joe Mussatto of The Oklahoman writes. As Mussatto explains, with potentially pricey extensions coming down the road for players like Josh Giddey, Jalen Williams, and Chet Holmgren, Oklahoma City didn’t want to compromise future cap flexibility by signing a free agent to a long-term deal.