The Thunder are adjusting their backcourt depth, essentially exchanging one 6’5″ shooting guard for another. The club has signed Melvin Frazier Jr. and waived Antonius Cleveland, per Keith Smith of Yahoo Sports (via Twitter).

Frazier was drafted by the Magic with the No. 35 pick out of Tulane in the 2018 NBA draft, but appeared in just 29 games across two seasons with Orlando, averaging 5.9 MPG.

In two seasons with the Magic’s G League affiliate, the Lakeland Magic, Frazier played 41 games (all starts), averaging a solid slash line of 15.5 PPG/5.8 APG/1.9 SPG/1.9 APG, while shooting 48.7% from the field. The club declined his $1.66MM player option for 2020/21 earlier in this offseason.