"I definitely want to be in Oklahoma City," Peterson said. "They've got great fan support, a class organization. And they're a team that's on the rise and I feel like I can come and give them some veteran leadership and help with my basketball skills."
Peterson, who'll turn 33 in August, holds career averages of 10.8 points, 3.5 rebounds and 1.5 assists. He's a career 37.4 percent shooter from 3-point range. His best year came in Toronto during the 2005-06 season when he averaged 16.8 points, 4.6 rebounds and 2.3 assists.
"I feel like I have to play with a chip on my shoulder just from the simple fact that I still feel like I have a lot to prove," Peterson said. "I think the last couple of years people have kind of questioned a little bit whether I can play how I did when I was in Toronto. I think that this system in Oklahoma fits my style and I feel like I can get the job done."