BREAKING: Thunder Sign Micah Peavy to Two-Way Deal

By Alain Nzeyimana, 23 Oct 2026

The Oklahoma City Thunder have agreed to a two-way contract with former New Orleans Pelicans guard-forward Micah Peavy, according to ESPN's Shams Charania. https://x.com/ShamsCharania/status/2113741275107107073

Peavy, the 40th overall pick in the 2025 NBA Draft, spent his rookie season with New Orleans before being traded to Memphis in September. The Grizzlies waived him earlier this week, giving him another opportunity to continue his NBA career.

The 25-year-old averaged 4.3 points, 1.9 rebounds and 1.0 assists across 61 appearances for the Pelicans last season. He now joins the defending champions, where he will look to earn his place and develop within Oklahoma City's system.

A two-way contract allows a player to move between the NBA team and its G League affiliate, subject to league rules.

Source: Shams Charania, ESPN.