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Hours earlier than Kevin Durant took the ground in Tokyo in pursuit of his third Olympic gold medal, he secured his future with the Brooklyn Nets midway internationally.
Durant agreed to a four-year, $198 million extension, per Boardroom, the 6-foot-10 ahead’s sports activities enterprise web site. Durant will signal the contract, for which he turns into eligible on Saturday, as soon as he returns to the U.S.
His new contract eliminates his participant choice for the 2022-23 season and as a substitute begins his new wage for that season at roughly $44.1 million, which is able to enhance over the course of the deal. Durant will likely be 37 when his deal expires and make practically $55 million within the ultimate season.
Had Durant performed out the season and declined his participant choice, his four-year extension would nonetheless be the most costly deal he might signal. Durant couldn’t signal a five-year extension due to the CBA’s over-38 rule.
The transfer comes on the finish of a busy week for Nets basic supervisor Sean Marks, who landed James Johnson, Patty Mills and DeAndre’ Bembry in free company whereas retaining Bruce Brown and Blake Griffin, all on team-friendly offers.
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