Thunder to re-sign Felton, pass USD 300 mn threshold


According to ESPN's Adrian Wojnarowski, league sources confirmed late Tuesday that backup point guard Raymond Felton has agreed to one-year contract to return to the Oklahoma City Thunder.

The Oklahoma City Thunder made history as they became the first team in the National Basketball Association annals to top $300 million in salaries and luxury tax. Anthony's contract could be stretched from one to three years, lessening the tax luxury by the tidy sum of $91 million for the next season. ESPN's Bobby Marks, a former general manager, called it "an historic threshold" to cross. Unless the Thunder shuffle the books, they will be on tap for a $150 million tariff coming into effect at season's end. That player for the Thunder, without question, is Russell Westbrook, and his most important sidekick is Paul George - who re-signed this summer.

No NBA franchise has ever exceeded $300 million in salary and luxury tax commitments.

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Also under contract for next season are Alex Abrines ($5.5 million), Patrick Patterson ($5.5 million), Kyle Singler ($4.99 million), Terrance Ferguson ($2.1 million), and Dakari Johnson ($1.4 million).

Spotrac says if the Thunder waives Anthony, they will save around $17.1 million in cap space and around $90 million in luxury tax payment if they decide to replace him with a player with a minimum salary. He was the fifth overall pick in the 2005 draft.

However, most of the deep-dive National Basketball Association talk surrounding the Thunder right now revolves around the financial implications involved in all of their maneuvers. The Thunder played just 72 minutes last season with neither Westbrook nor Felton on the court, exclusively in garbage time.