Thunder Sign Ronnie Price

AUGUST 14: The deal is official, the team announced today.

AUGUST 11: The Thunder have finalized a guaranteed two-year, $5MM deal with Price, according to Shams Charania of The Vertical (via Twitter). Although Oklahoma City could use its room exception to accommodate the move, the team still has cap room available as well.

JULY 31: Veteran point guard Ronnie Price is set to join the Thunder, tweets Eric Pincus of Basketball Insiders. Price is expected to receive a two-year deal, but the exact terms are not certain.

The 33-year-old free agent had the highest scoring average of his career last season in Phoenix at 5.3 points per game to go with 2.4 assists. However, a report came out July 13th that the Suns weren’t going to re-sign Price and he had a deal in place with an unidentified team.

Oklahoma City still has more than $20MM in cap room remaining, so fitting Price in will be no problem. The Thunder are hoping to convince Russell Westbrook to take about $9MM of that cap space in a renegotiated and extended deal.

OKC will be the seventh NBA stop for Price, who has changed teams every season since 2011.

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