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Friday Bolts: 8.31.18

Mike Chiari (B/R) on the Thunder waiving and stretching Kyle Singler: “The Oklahoma City Thunder reportedly waived small forward Kyle Singler on Thursday. According to ESPN’s Adrian Wojnarowski, OKC will use the stretch provision on the final year of Singler’s contract. By using the stretch provision, the Thunder will spread Singler’s remaining cap hit out over multiple years rather than incurring the full cap hit in 2018-19. Wojnarowski noted that the move will save the Thunder $23.4 million in salary and luxury tax this year.”

Erik Horne on how waiving Singler helps the Thunder now and later: “By waiving Singler, the Thunder will beat the Friday deadline to use the stretch provision and have it apply to this season.