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Thunder GM Sam Presti expects OKC to be 'exceptional' team even after major offseason moves

Sport

Thunder GM Sam Presti expects OKC to be 'exceptional' team even after major offseason moves
Sport

Sport

Thunder GM Sam Presti expects OKC to be 'exceptional' team even after major offseason moves

2026-09-25 18:45 Last Updated At:18:50

OKLAHOMA CITY (AP) — Sam Presti knows there is no dancing around the fact the Thunder will have a different makeup this season though that doesn't make OKC's longtime general manager nervous.

The Thunder won 64 games and took the San Antonio Spurs to seven games in the Western Conference finals, then traded longtime starter Lu Dort and key reserves Isaiah Joe and Aaron Wiggins to shed salary needed to get below the second apron — a strict payroll threshold above the luxury tax that imposes severe roster-building and trade restrictions.

“I really do feel that by season’s end, we could have a really exceptional basketball team, if we stay healthy,” Presti said Thursday. “But, we’re gonna be different.

“There’s no way to avoid that because if you look over the last two years we’re losing about 10,000 minutes combined of those players. We’re losing about, oh, like a quarter, of our minutes played with that particular group.”

The new-look Thunder open the season Oct. 20 against the Spurs. The cupboard will be anything but bare when they head to San Antonio.

The Thunder still have plenty of firepower beginning with Shai Gilgeous-Alexander, the two-time reigning league MVP who averaged 31.1 points per game and shot 55.3% from the field. He will be reunited with 2025 All-Star Jalen Williams, who returns after missing 49 games in 2025-26.

Forward Chet Holmgren averaged career-highs of 17.1 points and 8.9 rebounds per game and made All-NBA for the first time and was named to the All-Defensive team for the first time as well. He also earned his first All-Star nod, plus was second in the Defensive Player of the Year balloting.

Jared McCain, Ajay Mitchell and Cason Wallace are all expected to take on larger roles this season and Presti said moving Dort “is how highly we think of Cason.”

The GM said the key to the Thunder's success this season starts with adopting a “beginner's mindset.”

Presti said the Thunder “can’t come in predetermining how the year’s going to go, who’s going to play where, how we’re going to play. We kind of just have to open our minds and let ourselves kind of take ourselves where ever this team's going to take us.”

The process rarely changes for the Thunder, who will pursue progress and not outcomes, Presti added.

“We've said the same things when we were winning 23 games as we were when we were winning 68 games,” he said. “We don’t know how many games we’re going to win this year. We’re not entitled to anything.”

Presti believes the Thunder are well-positioned for long-term success, particularly with recent changes instituted by the NBA — changes he believes has the league positioned for another golden era that will coincide with the his team's 25th year in Oklahoma City — in 2033.

“I think the current initiatives of the league are putting us on the doorstep of another great era to come,” he said. “And we as an organization, quite frankly, we want to be — and have the choice to be, a part of that when that comes around.”

Those initiatives include the impact of the new NBA draft lottery rules as well as the strict payroll threshold above the luxury tax that imposes severe roster-building and trade restrictions.

Net ratings, records and player statistics are expected to decline as a result, Presti said.

See AP’s full NBA coverage here

FILE - Oklahoma City Thunder general manager Sam Presti reflects on the team's first championship season during an NBA basketball press conference, Monday, June 30, 2025, in Oklahoma City. (AP Photo/Cliff Brunt,File)

FILE - Oklahoma City Thunder general manager Sam Presti reflects on the team's first championship season during an NBA basketball press conference, Monday, June 30, 2025, in Oklahoma City. (AP Photo/Cliff Brunt,File)

NEW YORK (AP) — A cooldown in oil prices on Friday is helping to release some of the pressure that’s built up on Wall Street, and U.S. stocks are ticking higher.

The S&P 500 added 0.3%, coming off a three-day losing streak marked by big swings caused by rising yields in the bond market. The main measure of the U.S. stock market’s health remains close to its all-time high set last month and is on track to finish its first winning week in the last three.

The Dow Jones Industrial Average was up 179 points, or 0.3%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.4% higher.

Stocks got a lift after the price for a barrel of Brent crude oil fell 1.6% to $98.63. It’s been yo-yoing on uncertainty about when the war with Iran will allow oil to flow freely again from the Middle East. Prices go down when hopes rise for a possible deal to fully reopen the Strait of Hormuz to oil tankers, and they go up when doubts resurface.

Earlier in the week, jumps for oil prices sent the yield on the 10-year Treasury toward 5.20% and its highest level since 2007. Friday’s dip for crude prices helped the 10-year yield hold at 5.18%, where it was late Thursday.

That offered some relief because higher yields slow the economy by making borrowing money more expensive for everyone, while undercutting prices for stocks and other investments. Rising yields worldwide are rattling all kinds of financial markets, and yields are climbing because of worries about high inflation, big government debt loads, signs of continued economic strength and other reasons.

The 10-year Treasury yield was at just 3.97% before the beginning of the war with Iran.

High yields hit stocks seen as the most expensive in particular. That has pressured stocks in the artificial-intelligence industry that soared in earlier years because of the frenzy around the technology.

Nvidia added 0.9%, a day after its slip of 0.4% was the single heaviest weight on the S&P 500.

Akamai Technologies leaped 12.5% for one of the market’s bigger gains after the cloud company announced an $11.6 billion, multiyear agreement with Anthropic, the company behind the Claude AI chatbot.

Costco Wholesale rose 1.3% after the retailer reported a stronger profit for the latest quarter than analysts expected, though some analysts also pointed to a slowdown in growth for its membership during the quarter.

In stock markets abroad, indexes were mixed in Europe following bigger moves in Asia. Japan’s Nikkei 225 climbed 1.3%, while Hong Kong’s Hang Seng dropped 1%.

AP Business Writers Chan Ho-him and Michelle Chapman contributed to this report.

Michael Pistillo works on the floor at the New York Stock Exchange in New York, Monday, Sept. 14, 2026. (AP Photo/Seth Wenig)

Michael Pistillo works on the floor at the New York Stock Exchange in New York, Monday, Sept. 14, 2026. (AP Photo/Seth Wenig)

John O'Hara works on the floor at the New York Stock Exchange in New York, Monday, Sept. 14, 2026. (AP Photo/Seth Wenig)

John O'Hara works on the floor at the New York Stock Exchange in New York, Monday, Sept. 14, 2026. (AP Photo/Seth Wenig)

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