2:23pm: Waters’ promotion to a standard deal is now official, the Thunder announced in a press release.
11:17am: Two-way guard Lindy Waters III will receive a standard contract with the Thunder, tweets Shams Charania of The Athletic. The two-year deal will be worth $3.8MM and will include a team option for 2023/24.
Waters, 25, has been playing on a two-way contract since last February. The former Oklahoma State standout has appeared in 25 games this season, averaging 4.4 points and 1.7 rebounds in 11.2 minutes per night.
Waters is coming off one of his best games, scoring 12 points in 17 minutes on Sunday against the Kings. That came after he played in a G League contest with the Oklahoma City Blue earlier in the day, notes Joe Mussatto of The Oklahoman.
Based on the contract terms reported by Charania, it sounds like the Thunder will use a portion of their mid-level exception to give Waters a salary worth more than the minimum for the rest of this season.
The Thunder opened a roster spot late last night by waiving Eugene Omoruyi.
Kinda crazy the guy is a millionaire overnight…guess anyone can do it if you work hard
Yeah you just have to make some 3s. Soon they will be drafting out of the local YMCA looking for 3pt shooters. Silver will allow it
Living and playing college ball in OKC his whole life it looks. Hopefully he can stay there his whole career.
U Haslem type of career hopefully