"This was a difficult decision, but it was a financial decision," Presti said, confirming the move was projected to save the organization approximately $100 million.
Transaction Details
The Thunder sent Dort to the Hawks in a three-team arrangement. Oklahoma City will receive three second-round picks as compensation and did not take any salary back in the trade.
Financial Motivation
According to Presti, the trade was driven by the increasing costs of the roster. He stated that the move was not a result of second-apron restrictions but rather a luxury tax savings measure.
The projected savings of $100 million come from both salary obligations and tax penalties.
Presti indicated that the savings generated from this trade, combined with previous years of operating under the tax threshold and new revenue streams, are expected to be reallocated to future team spending. He said this financial flexibility will allow the Thunder to make more basketball-related decisions over the coming years.
Roster Adjustments
Presti noted that the departures of Dort, Aaron Wiggins, and Isaiah Joe this offseason were difficult decisions necessitated by financial constraints.
"We will adjust to the skill sets of younger guards Cason Wallace and Ajay Mitchell," Presti stated, noting they are expected to take on greater responsibilities.
Presti said the organization believes it is necessary to embrace change rather than attempting to replicate previous play styles.
Team Context
The Thunder are positioned as a team capable of contention, according to Presti. He stated that the financial moves this summer have positioned the organization to maintain a team of that caliber financially.
Presti expressed personal appreciation for Dort, recalling their relationship dating back to Dort's draft, and praised his character and contributions to the team.