The Thunder will clear a roster spot and save millions by waiving veteran forward Kyle Singler, The Oklahoman confirmed on Thursday.
Singler, 30, was the fourth-longest tenured player on the Thunder and was set to make $4,996,000 this season, the final guaranteed year of a five-year extension he signed in 2015. The final year of that deal was a team option for 2019-20.
By waiving Singler, the Thunder will beat the Friday deadline to use the stretch provision and have it apply to this season. The stretch provision allows the Thunder to stretch out Singler's guaranteed money remaining over the next five seasons.