The Oklahoma City Thunder rescinded the qualifying offer to guard Dion Waiters on Monday, making him an unrestricted free agent, league sources told The Vertical.
The Thunder still hold Waiters’ Bird Rights and could re-sign him to a deal, but several teams with salary-cap space – including Brooklyn and Philadelphia – make it unlikely that Waiters returns to the Thunder.
For Westbrook, the most likely scenario for a renegotiation would be to use the Thunder’s cap space to guarantee he will stay under contract with the Thunder through the 2017-18 season. This would give Oklahoma City the chance to recruit one of its top targets – 2017 free agent and Oklahoma native Blake Griffin of the Los Angeles Clippers – to partner with Westbrook, league sources said.
The Houston Rockets recently completed a similar renegotiation with All-Star guard James Harden.
The move was reportedly designed to create cap space that OKC will use to persuade All-Star guard Russell Westbrook to sign an extension.