Just In; Thunder Announced Signing Another Five-star Veteran On Full-Time Role with Team on Multi-Year $6m NBA Deal
Rookie guard Ajay Mitchell is officially part of the Oklahoma City Thunder’s long-term plans after signing a standard NBA contract, according to Hoops Rumors. The move upgrades his previous two-way agreement to a full roster spot and reflects the organization’s confidence in his potential.
Mitchell, who initially joined the Thunder on a two-way deal, has now agreed to a two-year contract worth $6 million. This development not only cements his place on the team’s 15-man roster for the remainder of the 2024–25 NBA season but also guarantees his role beyond this year. The decision marks a significant milestone for the young guard and speaks volumes about his performance and promise.
The 22-year-old has impressed Oklahoma City’s coaching staff with his maturity, court vision, and ability to contribute on both ends of the floor. Known for his poise and efficiency, Mitchell has shown glimpses of being a reliable rotation player, despite limited minutes early in the season. His growth has not gone unnoticed by the Thunder front office, which is known for its forward-thinking approach and talent development.
The Thunder, currently emerging as one of the league’s more exciting young squads, continue to emphasize building through youth and internal growth. Mitchell’s signing is a testament to the franchise’s commitment to identifying and nurturing untapped talent.
Oklahoma City has been proactive in converting two-way contracts into full-time deals when players show promise—an approach that has yielded success in recent seasons. Mitchell now joins the ranks of other young players who have transitioned from fringe prospects to valuable contributors within the Thunder’s developmental system.
While the financial terms—$6 million over two years—may seem modest by NBA standards, they represent a significant vote of confidence in Mitchell’s future. The structure of the deal also provides the Thunder with roster flexibility while offering Mitchell stability and the opportunity to prove himself at the highest level of competition.

This new contract not only rewards Mitchell for his hard work but also highlights Oklahoma City’s ongoing commitment to scouting and developing emerging talent. As both player and team look ahead, all signs point toward a promising future.