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Report: Thunder acquire Victor Oladipo, draft picks in trade with Heat

The Oklahoma City Thunder brought back a familiar face on the first day of free agency as they completed a trade.

The Thunder agreed to send a $9.5 million trade exception to the Miami Heat in exchange for Victor Oladipo and draft picks, per ESPN’s Adrian Wojnarowski.

Oladipo is an expiring salary and is owed $9.5 million in the 2023-24 season. The 31-year-old suffered a torn patellar tendon on his left knee on April 23. The injury will likely cost him most — if not all — of next season.

It’s unknown if the Thunder will keep Oladipo on their roster as he will likely never actually suit up for them, but if he stays, it will mark his second stint at OKC. Oladipo previously spent one season with the Thunder in the 2016-17 season before he was eventually traded to the Indiana Pacers for Paul George.

In 42 games last season, Oladipo averaged 10.7 points on 39.7% shooting, 3.5 assists and three rebounds. He also shot 33% from 3 on five attempts.

The Thunder entered the offseason with over $30 million to spend in cap space and have essentially used that to buy more draft capital with this trade and the Cason Wallace draft night trade that attached Davis Bertans’ contract.

UPDATE: The Thunder reportedly acquired the Heat’s 2029 and 2030 second-round picks while sending a second-round pick back to the Heat.

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Story originally appeared on Thunder Wire