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Report: Victor Oladipo Traded to Thunder from Heat After Exercising Contract Option

Related Topics: Victor Oladipo, Miami Heat

The Miami Heat traded Victor Oladipo to the Oklahoma City Thunder on Friday, according to Shams Charania of The Athletic and Stadium. The Heat also sent over draft compensation to the Thunder in exchange for absorbing his contract, per ESPN's Adrian Wojnarowski.

Oladipo, 31, exercised his $9.45 million player option Tuesday and will be on an expiring contract. He will likely miss a big portion of next season after tearing his patellar tendon during the Heat's first-round series against the Milwaukee Bucks in April.

Miami created a $9.45 million trade exception with the deal, which it can use to bring in more reinforcements through free agency.