Report: Thunder re-sign Felton, face historic $150M tax

SALT LAKE CITY, UT - APRIL 27: Raymond Felton #2 of the Oklahoma City Thunder looks to the scoreboard in the second half during Game Six of Round One of the 2018 NBA Playoffs against the Utah Jazz at Vivint Smart Home Arena on April 27, 2018 in Salt Lake City, Utah. The Jazz beat the Thunder 96-91 to advance to the second round of the NBA Playoffs.
Gene Sweeney Jr. / Getty Images Sport / Getty

The Oklahoma City Thunder re-signed veteran point guard Raymond Felton to a one-year, $2.4-million deal Tuesday, league sources told ESPN's Adrian Wojnarowski.

The move would push the organization past the $300-million threshold with its roster, as constituted, in both salary and tax, which has never been achieved in NBA history. Their tax bill will reach the $150-million mark with the Felton signing, according to ESPN's Bobby Marks.

Felton played in all 82 games for the Thunder in 2017-18, his 13th year in the Association. He averaged 6.9 points, 2.5 assists, and 1.9 rebounds in 16.6 minutes as a reserve.

Oklahoma City has already committed a ton of money this summer. The Thunder re-signed Paul George to a four-year contract worth $137 million, Jerami Grant is back on a three-year, $27-million deal, and Carmelo Anthony didn't exercise the early termination option in his contract and will earn $27.9 million.

As far as key players already locked in, Russell Westbrook will soak up another $35.3 million and Steven Adams is owed $24.1 million.

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