Houston Rockets star Kevin Durant has agreed to a two-year, $90 million contract extension, with a player option for 2027-28, his business partner and Boardroom CEO Rich Kleiman told ESPN on Sunday.
Durant was eligible for a maximum contract extension of $120 million over two years but understood when he chose the Rockets as a trade destination that he would be sacrificing money on a new deal -- in this case around $30 million -- so that the two sides could partner for the long term and give the franchise team-building flexibility.
The 37-year-old Durant now holds the record for the highest career earnings in NBA history at $598.