The Oklahoma City Thunder waived Jaylen Hoard one day after re-signing him. This sign-and-waive transaction was designed for the Thunder to gain Hoard's Affiliate Player rights for the G League.

Hoard is expected to play for the Oklahoma City Blue of the G League this season. The Blue are the Thunder's G League affiliate.

Hoard was with the Thunder on a Two-Way contract during the 2020-21 season. In 19 NBA games, Hoard averaged 6.1 points and 3.4 rebounds in 16.8 minutes per game.