With Theis gone, the Thunder now have an open roster spot. They could use it to convert Ajay Mitchell to a standard deal. The two-way rookie has played well despite toe surgery likely knocking him out for the rest of the regular season. No need to risk exposing him to restricted free agency.

Theis is a 32-year-old center who's averaging 4.3 points and 4.3 rebounds in 16.3 minutes per game this season, and he's on an expiring $2.1-million contract. OKC has been short-handed at the five this season.

The New Orleans Pelicans have traded center Daniel Theis and a 2031 second-round draft pick to the Oklahoma City Thunder for cash.

The Pelicans are in the midst of another lost season as they sit 12-38 with the second-worst record in the Western Conference. They lost guard Dejounte Murray to a torn Achilles tendon on Friday which was just the latest in a long line of bad injury luck.

The Oklahoma City Thunder will waive Daniel Theis, league sources told  @hoopshype .Source: x.com What’s the buzz on Twitter? Eurohoops @Eurohoopsnet Daniel Theis waived by

The Oklahoma City Thunder have officially announced they have waived Daniel Theis. The 32-year-old German big man was on an expiring $2.1 million salary. This decision was made public just a day after the Thunder acquired Theis and a 2031 second-round pick from the New Orleans Pelicans for cash considerations.

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The Oklahoma City Thunder have acquired Daniel Theis and draft compensation from the New Orleans Pelicans, per ESPN's Shams Charania.

The Oklahoma City Thunder have waived Daniel Theis just hours after trading for the former-Pelicans. The big man leaves behind an open roster spot for the OKC Thunder.