The latest in Oklahoma City Thunder free agency action was announced late Tuesday night as Raymond Felton agreed to re-sign with the Thunder for one-year and $2.4 million.
Free agent guard Raymond Felton has agreed to a one-year deal to return to Oklahoma City, league source tells ESPN.
— Adrian Wojnarowski (@wojespn) July 4, 2018
Felton played backup point guard to Russell Westbrook a season ago, averaging 6.9 points and 2.5 assists in 16.6 minutes per game while appearing in all 82 regular season games. While his stats were not anything spectacular, Felton was a fan-favorite, and it was widely known that he was a positive impact in the locker room and on his teammates.
A notable aspect of Felton’s contract is that it pushes Oklahoma City past the $300 million salary mark, $150 million of it coming from luxury tax, if the roster stays as is headed into the 2018-19 season. General manager Sam Presti has shown he’s not afraid to spend the Thunder owners’ money, but it is likely there are still moves to be made to help decrease that number.
Oklahoma City crosses an historic threshold as the first $300M team in salary and projected luxury tax with the Raymond Felton signing. The Thunder now have a tax bill of $150M.
— Bobby Marks (@BobbyMarks42) July 4, 2018
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