Oklahoma City Waives Kyle Singler

After three-and-a-half seasons in Oklahoma City, Kyle Singler has been waived, and the Thunder will use the stretch provision on the final year of his contract.

With $5 million remaining salary for Singler, the Thunder will “stretch” that amount over the course of the next three years, ultimately saving the organization $23.4 million in luxury tax this season.

According to ESPN’s Bobby Marks, “The Thunder will incur a $992K cap hit over the next five seasons on Singler and would receive a minor set-off if the forward signs with another team. The Thunder benefit based on the ability of using the 2019-20 season that was non-guaranteed as part of the stretch provision. With the Carmelo Anthony trade to Atlanta and now the Singler waiver, Oklahoma City has saved $89.5M in salary and luxury tax since July 15.”

Singler’s contract is widely considered to be one of the worst moves made by Thunder GM Sam Presti, and the stats are there to support that argument. Singler saw his play time decrease dramatically over the last three seasons. He played in only l2 games a season ago, averaging 1.9 points and 0.8 rebounds in just under five minutes per game.

The primary purpose of waiving Singler is to open up another roster spot for the regular season, which likely go to one of the young guys newly acquired by the Thunder and brought in for training camp.

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