NBA News Roundup, Monday, August 5th: Carmelo Anthony to the Miami Heat, update on Patrick Patterson's Thunder departure and more

#2 Patrick Patterson gave up millions to exit the Oklahoma City Thunder

Patrick Patterson spent two seasons with the Oklahoma City Thunder

Back in June, Patrick Patterson opted into the final year of his three-year deal with the Oklahoma City Thunder. However, following the departures of Paul George, Russell Westbrook, and Jerami Grant, Patterson agreed to a buyout with the Thunder last week.

While details of the early termination were not initially reported, Bobby Marks of The Athletic is reporting that the 30-year-old gave up more than $3.5 million to exit Oklahoma City:

From last week on the Patterson buyout. The forward gave back $3.5M of the $5.7M owed by OKC. He will earn $2.3M with LAC. Net loss of $1.2M that he could potentially earn back in 20-21 if he has a bounce back year. https://t.co/gFkGZoZlZY
— Bobby Marks (@BobbyMarks42) August 4, 2019

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Patterson joined the Thunder back in 2017, following an impressive spell with the Toronto Raptors. Nevertheless, Patterson's two-year spell with the franchise was underwhelming, and the veteran struggled for form and fitness.

During the 18-19 season, the power forward averaged less than 15 minutes per game during the regular season, and barely featured after the Thunder signed Markieff Morris.