Sources: Durant, Kyrie and DeAndre to Sign with Nets
NBA sources have said that Kevin Durant is planning to sign a deal for four years with the Brooklyn Nets. The deal is worth up $164 million, say reports.
The All-Star will join Kyrie Irving and DeAndre Jordan. Both are planning to sign deals with the Nets as well. Players can officially sign contracts beginning on Saturday.
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Irving is expected to sign a four-year deal for as much as $141 million, said sources. Meanwhile, Jordan’s deal will be for four years and $40 million, say the same sources.
Both Durant and Irving, as part of an agreement to sign with the Nets, are accepting less than a max deal. They will ern between $4 million and $5 million less each year of their contract. As a result, this allows their soon-to-be teammate DeAndre to receive a deal worth $10 million annually, sources said.
For the Nets to sign Jordan, Irving must commit to a deal for four years and $122 million. As for Durant, the star forward’s deal would be approximately $137 million.
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Nevertheless, the Nets can structure both Irving and Durant’s contracts in such a way that they include 15% of unlikely bonuses annually. If those bonuses are met, each of the players would recoup their lost earnings or reach the level of a $141 million and $164 million max contract respectively.
Guard Garrett Temple agreed to a deal for two years and $10 million with the Nets as well, sources said.
The deals by the Nets mark a big change in a franchise that four years ago coach Kenny Atkinson and general manager Sean Marks found in need of much help.
League sources said that the New York Knicks were not ready to offer a full max contract to Kevin Durant due to concerns over the star’s recover from his Achilles injury that will likely keep him sidelined all of the 2019-20 season.