2016–17 Oklahoma City Thunder season

Last season featured the Thunder making their fourth conference finals appearance since relocating to Oklahoma City before falling to the Golden State Warriors after leading the series 3–1.

[1] The Thunder had their 2016 first-round pick conveyed to the Philadelphia 76ers after being originally acquired by the Cleveland Cavaliers in the Dion Waiters trade back in 2015.

[4] The Thunder also traded for the draft rights to Daniel Hamilton, the fifty-sixth pick, from the Denver Nuggets in exchange for cash considerations.

[5] The Thunder ended 2016 NBA draft night with Gonzaga forward Domantas Sabonis, UConn guard Daniel Hamilton as well as Victor Oladipo and Ersan Ilyasova.

On June 23, the Thunder traded Serge Ibaka to the Orlando Magic in exchange for Victor Oladipo, Ersan Ilyasova, and the draft rights to Domantas Sabonis, the eleventh pick.

[7] Ibaka was set to hit unrestricted free agency following the 2016-17 season and was becoming unsatisfied with his role on the team, particularly his touches on offense.

[9] Oladipo came to the Thunder as the second overall pick of the 2013 NBA draft with career averages of 15.9 points, 4.4 rebounds, 4.0 assists and 1.6 steals during his three-year stint with the Orlando Magic that saw an All-Rookie First Team selection in 2014.

The same day, the Thunder traded cash considerations to the Denver Nuggets in exchange for Daniel Hamilton, the fifty-sixth pick.

Kevin Durant, Randy Foye, Nazr Mohammed and Dion Waiters were set to hit unrestricted free agency.

[12][13] Prior to his decision, Durant met with the Oklahoma City Thunder, Golden State Warriors, San Antonio Spurs, Boston Celtics, Miami Heat and the Los Angeles Clippers.

Durant announced his decision to leave the Thunder on The Players' Tribune citing "by far the most challenging few weeks in my professional life.

[17]Durant's move to the Warriors was received negatively who viewed his exit as "the easy way out" to winning a championship.

[25] With the emergence of Christon, the Thunder decided to waive Price's guaranteed contract along with Mitch McGary to finalize the regular season roster.

Originally picked 21st overall in the 2014 NBA draft, McGary suffered an injury-riddled second season with the Thunder after a promising rookie year.

[32] On June 1, Billy Donovan announced associate head coach Monty Williams would not return to the Thunder for the 2016-17 season.

Domantas Sabonis was traded to the Oklahoma City Thunder .
Victor Oladipo was traded to the Thunder.
Kevin Durant signed with the Golden State Warriors after nine seasons with the Thunder.
Russell Westbrook was extended to a renegotiated contract.