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Shai Gilgeous-Alexander delivered the decisive baskets late in a second overtime period as the defending champions opened their NBA title defense with a 125-124 win over the visiting Rockets.

The reigning MVP scored a team-high 35 points, featuring two from the free-throw line with just mere seconds left in the second overtime, giving the champions a winning beginning.

The Rockets' big man top-scored with 39 points and also hit a personal-best five three-pointers.

But Chet Holmgren, who added 28 points, was instrumental alongside the game's hero.

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

Prior to the game, Oklahoma's championship banner was unveiled at their home court, while the players were awarded their title rings.

Oklahoma City defeated the Indiana Pacers in last season's championship series. It was their maiden championship since the franchise relocated in 2008 to Oklahoma City from Seattle, who had claimed the 1979 crown.

The Pacers will have the opportunity to secure some payback on Friday when they face Oklahoma, while the Houston are back on court on the same day at the Pistons.

In other action, a huge effort of 43 points, 12 boards and nine dimes from Luka Doncic was not enough to prevent his current team the Lakers from suffering a 119-109 defeat against the Golden State Warriors.

Jimmy Butler picked up 31 points and Golden State's sharpshooter chipped in 23 for the road team.

Los Angeles were without the league's top scorer LeBron James as he is recovering from sciatica.