Team option amount: $1,930,681
Dort has been arguably one of the biggest values in the league at his four-year minimum contract. He is currently extension-eligible with the Thunder and will continue to be provided they pick up his team option. The main reason to consider declining him is to allow him to enter restricted free agency and re-sign him on a deal worth more money than the maximum four years, $56 million he is eligible for. However, doing so could put them over the luxury tax next season if they also use their remaining $23.4 million in cap space that expires by June 30.
If Dort intends on testing the market, Oklahoma City might as well let him do so in the 2023 offseason when they’re currently projected to generate close to $50 million in cap space. Dort will have a very small cap hold, allowing them to utilize close to that full cap space amount and be able to re-sign him afterward with his Bird rights. The only risk they’re taking is that he will be an unrestricted free agent in 2023, but that won’t matter if he bypasses an extension.
Prediction: Thunder pick up Dort’s option