The Oklahoma City Thunder have signed guard Melvin Frazier Jr. to a two-way contract.
And in a related move, Oklahoma City has waived forward Olivier Sarr.
Frazier (6-6, 210) split the 2021-22 season between the G League Iowa Wolves and Oklahoma City Blue, appearing in 50 games (36 starts) and averaging 13.1 points, 5.3 rebounds, 2.0 assists and 1.46 steals in 30.2 minutes per game. He has appeared in 29 career NBA games with the Orlando Magic, where he averaged 1.9 points in 5.9 minutes per game.