Dion Waiters and the Oklahoma City Thunder are actively exploring a contract extension with the Nov. 2 deadline looming, league sources.

Waiters has been enthusiastic about working toward a deal with the Thunder, who acquired him last season.

Waiters is represented by Rob Pelinka and he's been in ongoing discussions with Sam Presti.

Waiters averaged 12.7 points in 30.3 minutes per game after joining the Thunder.