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Shai Gilgeous-Alexander scored the game-winning baskets deep into a second overtime period as the Oklahoma City Thunder opened their NBA title defense with a 125-124 victory over the visiting Rockets.

The reigning MVP poured in 35 points, including two clutch free throws with just 2.3 seconds remaining in the second overtime, giving the champions a winning beginning.

The Rockets' big man led all scorers with a game-high 39 and also hit a career-high five three-pointers.

But the Thunder's rookie, who contributed 28 points of his own, played a major role alongside match-winner Gilgeous-Alexander.

"Grit and defence," SGA commented of their showing. "We know that when we do it on defence we give ourselves a chance no matter what's going on—makes, misses, good luck or misfortune. We did sufficient defence to secure the victory. We're still shaking off rust, but it's a positive beginning."

Prior to the game, the team's championship banner was raised at their arena, while the squad were awarded their championship rings.

The Thunder beat the Pacers in the previous season's best-of-seven NBA Finals. It was their maiden championship since the team moved in 2008 to OKC from Seattle, who had claimed the 1979 crown.

Indiana will have the chance to secure some payback on this Friday when they host Oklahoma, while the Houston are back on court on the identical day at the Pistons.

In other action, a massive performance of 43 points, 12 rebounds and nine dimes from the Slovenian star was insufficient to prevent his current team the Los Angeles Lakers from falling to a 119-109 defeat against the Warriors.

Jimmy Butler scored 31 points and Golden State's sharpshooter chipped in 23 points for the visiting Warriors.

The Lakers were without the NBA's all-time leading scorer LeBron James as he is recovering from sciatica.