
Grabbing Jalen Williams' intentionally missed free throw, Alex Caruso flew to the rim. He grabbed the offensive rebound and flung a desperate heave as the final one second ticked away. No luck. For the first time in over a month, the reigning NBA champion was on the wrong side of a final score.
The Oklahoma City Thunder had a frustrating 111-109 loss to the San Antonio Spurs. Their trip to Las Vegas ended after a couple of days as they lost in the 2025 NBA Cup semifinals.
Some in-game gamesmanship occurred before we even started. For the first time in his career, Victor Wembanyama came off the bench. He missed 12 straight games with a calf strain and was on a minutes restriction, but not starting was a curveball everybody whiffed on.
The Thunder took advantage early. Playing with their ideal starting lineup for the first time since the 2025 NBA Finals, they had a 12-4 lead three minutes in. Shai Gilgeous-Alexander nailed a signature baseline jumper. Everything went smoothly. They had a 31-20 lead after the first quarter.
And no Wembanyama, either. A surprising decision. But he eventually checked in to start the second quarter. As expected, he completely changed the dynamics. He got it within four points by himself. That turned this into a new ballgame.
After a short first substitution, the Thunder got their lead back up. Caruso's second-chance layup created a 47-31 lead with a little under four minutes left. It felt like they were on the verge of blowing it open. But then Wembanyama checked back in and took over.
Everybody knows what he does on both ends of the floor. When healthy, he's one of the five best players. His presence also rubbed off on the rest of his teammates. The Spurs returned to hitting on their outside shots. Soon after he checked in, San Antonio scored the final 13 points of the first half.
The Thunder only scored 18 points in the second frame. They entered halftime with just a 49-46 lead. The final four minutes went about as disastrously as you could imagine. The Spurs were right back in it. A surprise considering how the game first played out.
After the break, the Spurs' momentum carried over. It didn't take long for them to score 10 straight points in the opening stages of the third quarter. Devin Vassell knocked down an outside jumper to put the Thunder in a 62-56 deficit with a little under eight minutes left in the third frame.
For the first time in forever, the Thunder were punched in the mouth. The offense bogged down. It was the ugliest it's looked since the playoffs. Gilgeous-Alexander calmed things down a little, but San Antonio's role players were better than OKC's. The Thunder were in a 78-77 deficit after the third quarter. That meant more crunch time.
The 2025 NBA Cup delivered. Bring up the logistical nightmare it is, but the Thunder and Spurs went back and forth as they seesawed the lead. Chet Holmgren went after Wembanyama a couple of times. And vice versa. That's the matchup everybody wants to see, considering their not-so-subtle rivalry.
Knocking down an outside jumper, Williams gave the Thunder a 101-100 lead with a little under three minutes. And then Wembanyama took over. Carefully monitoring his minutes, the Spurs were able to play their franchise superstar for most of the final frame. He hit an unreal jumper and swished in a pair of free throws.
Down 105-101 with a minute left, the Thunder couldn't answer. Too many missed shots and turnovers finally caught up to them. The final 24 seconds turned into a game within a game. The Thunder intentionally fouled to keep their slim hopes alive. The Spurs did the same to stiff-arm them on the scoreboard. OKC's 32 points in the final frame weren't enough.
After all that, the Thunder couldn't muster up one last good look. Time ran out on them. The buzzer sounded as the Spurs walked away with their biggest win of the season. Comes with the territory as the reigning NBA champion who is in 70-win talks.
The Thunder shot 41% from the field and went 9-of-37 (24.3%) from 3. They shot 24-of-27 on free throws. They had 20 assists on 38 baskets. Five Thunder players scored double-digit points.
Gilgeous-Alexander had 29 points and five assists. Holmgren finished with 17 points and seven rebounds. Williams also had 17 points and seven rebounds. Alex Caruso tallied 11 points and eight rebounds. Isaiah Hartenstein totaled 10 points and nine rebounds.
Meanwhile, the Spurs shot 41% from the field and went 13-of-42 (31%) from 3. They shot 24-of-32 on free throws. They had 21 assists on 37 baskets. Four Spurs players scored double-digit points.
Wembanyama had an awesome 22 points and nine rebounds. Vassell had 23 points and five rebounds. De'Aaron Fox finished with 22 points and four assists. Stephon Castle tallied 22 points and six rebounds.
Well, this is the formula to beat the Thunder. If you can ugly up their offense, you have a chance. The Spurs did that with the NBA Cup stakes on the line. Poor outside shooting and uncharacteristic bad ball security slowly made OKC look human for the first time in a while. Any hopes of an NBA Cup were quickly dashed away.
If you're the Thunder, this is just the first of three matchups in two weeks with the Spurs. Two more upcoming dates centered around Christmas will let them get their revenge. It'll be exciting to see how they adjust as Wembanyama has turned into one of the NBA's best players who is uniquely impossible to defend against. The NBA schedule-makers will get their money's worth in those contests.
Let's look at Thunder player grades:
Shai Gilgeous-Alexander: B

As Holmgren set a screen, Gilgeous-Alexander found himself up against Wembanyama. Going with his usually reliable stepback 3-pointer, his attempt clanked at the front of the rim. The seven-footer contested his jumper just enough.
Gilgeous-Alexander finished with 29 points on 12-of-23 shooting, five assists and four rebounds. He shot 1-of-7 from 3 and went 4-of-4 on free throws.
Usually the NBA's most efficient scorer, Gilgeous-Alexander looked more human in this matchup. Sure, he still had above-average efficiency, but not at the marks that have him in the same conversations as Wilt Chamberlain. The Spurs forced him to settle for several jumpers. And with the right mix of perimeter defenders, they made him earn his buckets.
This is probably the most uncomfortable Gilgeous-Alexander has looked in a while. The superb ball security wasn't there either, with five turnovers. That's the other layer of his superpowers that don't get as much shine as his scoring ability. Castle did an excellent job at keeping up with him. San Antonio swarmed him every time he had the ball in his hands.
The NBA's league leader in clutch buckets was jettisoned into the background. This time, it was Wembanyama's turn to get the oohs and aahs from both the Las Vegas crowd and the Amazon broadcast. By the end, it felt like a San Antonio home game.
The Thunder needed more out of Gilgeous-Alexander. He usually delivers when needed. But when you combine his off-night with the rest of the roster not really showing up, you get this result. Alas. That's part of the NBA's ebbs and flows.
Shai with the block and the score 💪 pic.twitter.com/cUW2Upudm0
— OKC THUNDER (@okcthunder) December 14, 2025
Tre ball 👌 pic.twitter.com/lUbnTYb4I4
— OKC THUNDER (@okcthunder) December 14, 2025
How does he do it 😳 pic.twitter.com/SE7G0bSSoQ
— OKC THUNDER (@okcthunder) December 14, 2025
Shai slams it home
Your @OGandE Power Play of the Game pic.twitter.com/nbtHl2Tgpj
— OKC THUNDER (@okcthunder) December 14, 2025
Chet Holmgren: B

Going at Wembanyama, Holmgren drove to the rim. He planted his feet and went with the turnaround jumper. Let's just say things didn't go well. He had his shot loudly rejected. That's the play that will make the rounds on social media, but don't let one bad play wash away everything else he did.
Holmgren finished with 17 points on 3-of-8 shooting and seven rebounds. He shot 1-of-3 from 3 and went 10-of-12 on free throws. He also had one block.
Instead of feeding into his rivalry, Holmgren played winning basketball. He helped the Thunder build up an early advantage. And when the offense dried up, he was the only other consistent scorer who helped Gilgeous-Alexander put up points. His in-game process was awesome.
But then a poor fourth quarter kinda soured things. He only scored four points and he went to the free-throw line plenty of times. A couple of critically missed free throws hurt OKC's percentages to pull off a comeback. Getting blocked by Wembanyama punished the 23-year-old for the tunnel-vision shot in an offense that couldn't get going.
You can criticize Holmgren for his poor second half, but several other Thunder players deserve a larger slice of the blame pie for this loss. It was a poor finish, but he was also one of the main reasons why they were even in that position to begin with.
Chet gets down the court and to the RACK‼️😤 pic.twitter.com/56rjFZ1BsV
— OKC THUNDER (@okcthunder) December 14, 2025
Jalen Williams: C-minus

Leading the fastbreak, Williams bulldozed to the basket, but his layup attempt didn't even reach the air. On the next possession, he went one-on-one with Castle. He got his spot in the elbow, but his mid-range jumper bounced off the rim. That about summed up his night.
Williams finished with 17 points on 5-of-16 shooting, seven rebounds and four assists. He shot 2-of-5 from 3 and went 5-of-6 on free throws. He also had four steals.
The Thunder needed more from Williams. He only had seven points through three quarters. His drives to the basket resulted in several makeable misses. I guess that's what happens when you have to be paranoid about Wembanyama's presence. The jumper also didn't fall — which was the story for everybody in an OKC uniform.
As awesome as Williams is, he occasionally has duds like these. They get magnified when the rest of the team doesn't pick up the slack. Usually thriving in them, the bench lineup minutes were awful. He couldn't get it going as Wembanyama took over the game.
Let's see how Williams responds, but this was a bad game from him. Nobody among OKC's star trio had a stellar performance. At least not to their championship-level standards. They'll get a chance to sit on this loss for four days and see how they can solve San Antonio's defense.
The kind of cookies you can only get in OKC 🍪 pic.twitter.com/Tpyx5ZQ5va
— OKC THUNDER (@okcthunder) December 14, 2025
Right on target 🎯 pic.twitter.com/Q7HvQSNfK9
— OKC THUNDER (@okcthunder) December 14, 2025
Alex Caruso: A-minus

After Ajay Mitchell intercepted Castle's pass, Caruso was ahead in the fastbreak. A cross-court pass landed in his hands. As soon as that happened, he flew off the court. A rare one-handed dunk had the entire OKC bench hyped. You don't usually see those anymore from the 31-year-old.
Caruso finished with 11 points on 5-of-9 shooting, eight rebounds and three assists. He shot 1-of-3 from 3. He also had three steals.
It came in a loss, but this was one of Caruso's best games of the season. And it shouldn't be a shock to see it happen under the national spotlight. This is about as close as you'll get to the playoffs with the NBA Cup. All of the glitz and glamor involved is duplicated from that environment.
Going back and forth, Caruso almost carried OKC to the finish line. He had seven points in the fourth quarter. Needing to get stops, he was the one on Wembanyama despite the significant size difference — a la Nikola Jokic in last year's playoffs.
If Caruso had better luck, a couple of near-plays in the final moments could've added to his mythos. The first was on a ball that went out of bounds after he committed a foul in the final seconds. If nothing was called, that could've been OKC possession. The second was on the final play as he somehow managed to collect a missed free throw and put up a wild shot attempt.
This is why you brought over Caruso. When there are high stakes involved, he's one of the five players the Thunder trust the most. Even if those consequences feel artificial in the NBA Cup, he doesn't need much convincing to go all out.
Wave after wave of offensive intensity 🤝 https://t.co/aHBXW7WhXCpic.twitter.com/I1CzWPaqTy
— OKC THUNDER (@okcthunder) December 14, 2025
Don't stop working 💪 pic.twitter.com/aASpSbGpjE
— OKC THUNDER (@okcthunder) December 14, 2025
ALEX. CARUSO. pic.twitter.com/2TMOwJELxz
— OKC THUNDER (@okcthunder) December 14, 2025
THIS ENERGY 🗣️ pic.twitter.com/5zDzFYjPVT
— OKC THUNDER (@okcthunder) December 14, 2025
Highlights:
This article originally appeared on OKC Thunder Wire: Player grades: Wembanyama too much in Thunder's 111-109 loss to Spurs