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Raymond Felton re-signing to push OKC past $300M in payroll, tax

Free-agent guard Raymond Felton has agreed to a one-year, $2.4 million deal to return to the Oklahoma City Thunder, league sources told ESPN.

Felton's signing will push the Thunder's payroll and luxury tax hurtling past an historic NBA threshold: $300 million. The Thunder are responsible to pay $150 million in tax on the 2018-19 season's roster, if the roster stays intact through the end of the season.

Felton was an important part of the Thunder as their backup point guard a season ago, enjoying a career revival in his role.