NBA Free Agency: 5 biggest spenders on July 1

#2 Oklahoma City Thunder

The Oklahoma City Thunder's offseason would be considered a failure if they failed to lure Paul George back to the franchise

The Oklahoma City Thunder's offseason would be considered a failure if they failed to lure Paul George back to the franchise.

Thus, abiding by the philosophy expounded in A Tribe Called Quest's 'scared money don't make none' lyrics, Sam Presti went all-out, offering George a four-year, $137 million contract that allows him to sign an extension at the end of his second year to make it a 7-year, $290 million deal.

They also moved to retain Jerami Grant, who's been pretty good for them in a variety of frontcourt roles depending upon the game situation. The deal he accepted and signed amounts to 3 years and $27 million.

Retaining him and George, however, put the Thunder $33 million above the luxury tax limit. Since they were already above the cap last year, they will now be hit with a crippling luxury tax of $150 million in total.

They might just have to stretch Melo's contract out of the need in order to soften the hit to $68 million, though that might not help them as contenders for the 2018-19 season.