Shai Gilgeous-Alexander has agreed to a five-year, $172 million extension with the Oklahoma City Thunder.

Gilgeous-Aleander averaged 23.7 points, 4.8 rebounds and 5.9 assists in 33.7 minutes per game last season with the Thunder.

Mike Muscala has agreed to a two-year, $7 million deal with the Oklahoma City Thunder.

Muscala is coming off a two-year deal with the Thunder signed in 2019.

During the 2019 offseason, Russell Westbrook placed a call with Kawhi Leonard expressing interest in playing with him for the Los Angeles Clippers. Westbrook's time with the Oklahoma City Thunder was coming to an end and he wanted to return to the Los Angeles area.

Leonard pondered the call, filed it away and then used it to reach out to Paul George on being the one to have a homecoming and joining him with the Clippers. George was content to stay with the Thunder and had formed a close bond with Westbrook. George was the player that was targeted by Leonard and the Clippers as they joined the franchise together that offseason. 

After being traded by the Thunder to the Houston Rockets a few days later in 2019, Westbrook was traded by the Rockets to the Washington Wizards in 2020. Westbrook was traded on draft day last week by the Wizards to the Lakers. 

The Utah Jazz have agreed to trade Derrick Favors and a future first round pick to the Oklahoma City Thunder for a future second round pick.

The Jazz will create financial flexibility with the move as they attempt to re-sign Mike Conley Jr. in free agency.

The Houston Rockets traded two first round picks to the Oklahoma City Thunder in exchange for No. 16 to select Alperen Sengun. 

The picks are a 2022 first rounder from the Detroit Pistons and a 2023 first rounder from the Washington Wizards. 

The Oklahoma City Thunder enter draft day at No. 6 and have engaged with all five teams picking ahead of them, sources tell Kevin O'Connor of The Ringer.

It is not clear to rival executives which player the Thunder are trying to target in moving up, though Cade Cunningham and Evan Mobley have been cited most frequently followed by Scottie Barnes. The Thunder would need to move up to No. 1 to select Cunningham, No. 3 for Mobley or No. 4 for Barnes. 

The Cleveland Cavaliers at No. 3 have long been mentioned as the team at the top of the draft who would be most amenable to trading down.

With the deepest collection of future draft assets in NBA history, the Thunder theoretically should be able to move up should they be desperate enough to do so.

The Cleveland Cavaliers have shown more willingness to move out of the top-3 than either the Detroit Pistons or Houston Rockets. The Cavaliers are further along in their hopes of competing for a playoff spot than either the Pistons or Rockets.

If the Oklahoma City Thunder are able to move up, the Cavaliers are the most likely trade partner. The question is whether the Thunder would agree to send Shai Gilgeous-Alexander in a package for No. 3.

“I’d personally stay where I’m at and take Evan Mobley or Jalen Green,” one GM said. “As much as I love Shai, he’s not quite at the same level those guys are and the Cavs really need a star.”

The Cavaliers have a decision to make this offseason as Colin Sexton becomes eligible for a contract extension and has reportedly been shopped.

The Oklahoma City Thunder have offered Shai Gilgeous-Alexander and the No. 6 pick to the Detroit Pistons for the No. 1 overall pick in hopes of selecting Cade Cunningham, sources tell Jake Fischer of Bleacher Report.

The offer represents a change in thinking for the Thunder on Gilgeous-Alexander as each of the teams with the top-4 picks in 2020 were quickly rebuffed when inquiring on him last year. Gilgeous-Alexander is eligible for an extension this summer worth up to $168 million over five years. 

"It's going to take a f--king lot to get him, but he's no longer impossible to get," said one team executive. 

The Pistons have consistently sent a message to teams calling on No. 1 that they will require a first in this year's draft, future draft assets an an established young star.

Oklahoma City is expected to continue seeking ways to move up with the Toronto Raptors at No. 4 a possibility. 

The Oklahoma City Thunder have been active in trade conversations on moving up in the draft with Cade Cunningham and Evan Mobley rumored to be the prospects they're most interested in selecting.

The Thunder own picks No. 6, 16 and 18 in the first round this year in addition to more future draft picks than any other team in the NBA. Oklahoma City theoretically has enough assets to move up but the question is whether they will find the cost too exorbitant. 

If the Thunder stay at No. 6, they are connected to James Boutknight. Oklahoma City had interest in Bouknight dating back to last year's draft when he decided to remain at UConn. 

The Orlando Magic are believed to be high on Scottie Barnes with the fifth pick, while the Oklahoma City Thunder prefer Barnes or James Bouknight at No. 6.

For weeks, Jonathan Kuminga was mentioned in the group of top-5 prospects in the draft but he has been "scarcely mentioned" as a possibility for either the Magic or Thunder at five and six.

Kuminga spent last season in the G League with the Ignite. While he's considered a prospect with considerable upside, he is further away from contributing in the NBA.