The Oklahoma City Thunder may be ready to cut ties with Kyle Singler.

According to Fred Katz of the Norman Transcript, the Thunder may be ready to use the stretch provision on Kyle Singler. Singler is owed $9.7 million in guaranteed money over the next two years:

"With the Thunder possibly looking to get under the luxury tax, there is a chance the team releases Singler altogether and stretches the remaining $9.7 million guaranteed on his deal. (The final season of his contract is non-guaranteed.) In the case of Singler, specifically, that would mean waiving him, then spreading out his cap hit to $1.4 million a year over seven years. Singer gets '18 and '19 salaries, either way. Merely how the cap number is distributed changes."

Singler has been a major disappointment in Oklahoma City after signing a five-year, $24 million deal in the summer of 2015. Known as a three-point shooter prior to his arrival in Oklahoma City, Singler made just seven three-pointers during the 2016-17 season.

Furthermore, despite the opportunity for more playing time after Kevin Durant's departure, Singler averaged just 12.0 minutes per contest while appearing in just 32 games this past season.

The 29-year-old veteran has converted on just 57 three-pointers over the past three seasons as a member of the Thunder as the team may be looking to move on from him this offseason.