Micah Peavy and the Oklahoma City Thunder have agreed to a Two-Way contract.

Peavy was the 40th pick in 2025 and played 61 games with four starts as a rookie for the New Orleans Pelicans last season, averaging 4.3 points, 1.9 rebounds and 1.0 assists.

Peavy was waived by the Memphis Grizzlies before the start of the regular season.