Terry was waived by the Thunder on Sunday, Rylan Stiles of SI.com reports.
The Thunder acquired Nique Clifford on Sunday in exchange for two second-round picks, and the team waived Terry in a corresponding move. He signed a two-way deal with the club Tuesday, averaging 1.0 points and 3.0 rebounds in 5.5 minutes per contest across two regular-season appearances in his brief stint with Oklahoma City.