Chet Holmgren reacts to Thunder trading Lu Dort in cost-cutting move
Chet Holmgren reacted to the Oklahoma City Thunder trading Lu Dort on July 19, 2026, with a cryptic Instagram Story post featuring crossed-finger emojis. The move was part of a three-team deal with the Atlanta Hawks and Dallas Mavericks that saw the Thunder acquire three second-round picks while shedding significant salary cap burden.
What happened in the trade?
The Thunder sent Dort to the Hawks along with Ryan Nembhard from the Mavericks. In return, Oklahoma City received three second-round picks, while Dallas acquired Zaccharie Risacher from Atlanta. The trade was executed to help the Thunder get out of the second apron, allowing them more financial flexibility. Dort, 27, was the team's longest-tenured player, having joined in 2019 after going undrafted.
Why it matters for Chet Holmgren
Holmgren, who signed a five-year maximum rookie contract extension in 2025, shared his reaction via Instagram Story, posting a photo of Dort with four crossed-finger emojis. The emojis could suggest mixed feelings about the trade, as Dort was a key defensive presence and veteran leader for the Thunder. Holmgren and Dort were teammates during Oklahoma City's rise as a perennial contender.
What comes next for the Thunder?
General manager Sam Presti admitted the trade was financially driven but called it a difficult decision. Presti praised Dort's work ethic and toughness, recalling their first meeting in 2019 when Dort arrived undrafted. The Thunder have now shed $200 million in salary after also parting ways with Aaron Wiggins and Isaiah Joe. The moves aim to position the team for future flexibility while maintaining competitive depth.
Dort, an All-Defensive First Team selection in 2025, developed from an end-of-the-bench player to a consistent starter. His departure marks the end of an era for the Thunder, but Holmgren's reaction hints at the emotional impact of losing a respected teammate.