According to the Deseret News, via John Hollinger of ESPN.com, the Thunder will most likely sit out the free agent spending spree for this summer.
"My sources informed me that Oklahoma City — the team with the biggest stack of chips remaining — is highly unlikely to splurge this summer" and that "given that the best available young players (Millsap, New York's David Lee and Milwaukee's Ramon Sessions, all restricted free agents) are poor fits on the Thunder's roster, OKC plans to continue with its patient approach rather than overpaying for parts that don't fit especially well."
"The Thunder will be value players rather than big-game hunters, looking for opportunistic deals between now and the trade deadline. A year from now, they could have as much as $20 million in cap space, two lottery picks (theirs and Phoenix's) in a strong draft, and one of the league's best young rosters. About the only way to (mess) it up would be to force a big contract into the picture this summer, and with the team already selling out every game, they don't see any need to rush it."
All along I've wondered why the Thunder had interest in Paul Millsap (other than the fact that they currently have money to spend... and why not spend it?). This explanation better coincides with a "gameplan" for the future. Oklahoma City won't make the playoffs next season (with or without Millsap). There are bigger fish to acquire in 2010. Jeff Green plays the same position as Millsap. You need cap space in order to re-sign Durant, Green & Westbrook. And finally, the Thunder have 2 potential lottery picks in 2010 to continue loading up their roster (their own & Phoenix). Why go after Millsap? The good news for us might be that the asking price just went down considerably, with OKC out of the running. I don't think Portland (who has some salary cap) has interest. And Millsap really doesn't have any other suitors. His asking price may have dwindled to the mid-level exception... which is fantastic for us, because we'll easily match that.