6:08pm: Thunder GM Sam Presti has announced that the team has officially released Leonard, via a team press release.
The move had been expected, as the Thunder only acquired Leonard in last week’s Trevor Ariza trade for salary-matching purposes. Oklahoma City kept him on the roster in case his $9.4MM salary proved useful in another deadline deal, but with the deadline now behind us, it didn’t take long for them to officially part ways with him.
Leonard is out for the season with a shoulder injury and was recently fined and suspended for using an anti-Semitic slur during a video game live stream. While his salary for this season is guaranteed, his $10.15MM salary for 2021/22 is a team option and has long been viewed as a lock to be declined. The Thunder won’t be on the hook for any of next season’s money.
The move will temporarily open up a spot on Oklahoma City’s roster, but it’ll be filled in the team’s two-for-one deal involving George Hill. With Hill and Leonard heading out, the Thunder are adding Tony Bradley and Austin Rivers.