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The Oklahoma City Thunder are bringing their backup point guard back for next season.
Adrian Wojnarowski of ESPN reports the Thunder have agree to a one-year, $2.4 million pact with veteran Raymond Felton.
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
In his first season with the Thunder, his eighth NBA team, the 6-foot-1, 205-pound 13-year veteran averaged 6.9 points, 1.9 rebounds and 2.5 assists in 16.6 minutes while playing all 82 games (2 starts) for the second time in his career.
The 34-year-old North Carolina product shot 40.6 percent from the field for Oklahoma City and 35.2 percent from beyond the 3-point arc.
Felton has averaged 11.4 points and 5.4 assists for his NBA career.
According to Wojnarowski, Felton’s signing will push the Thunder’s payroll and luxury tax to a new NBA threshold — $300 million.
If their roster remains intact though the end of the 2018-19 season, the Thunder will receive a luxury-tax bill of $150 million.