Durant Will Sign 2-Year Deal With Warriors
OAKLAND (CBS SF) -- Kevin Durant is staying put for now. So are Paul George and Chris Paul.
And free agency is off to a flying start.
Durant has decided to sign a two-year deal with the Golden State Warriors, a person familiar with the situation told The Associated Press on condition of anonymity Saturday because the deal cannot become official until the league's offseason moratorium ends on Friday. The deal comes with a player option for 2019-20, so Durant can — and likely will — become a free agent again next summer.
So much for the notion that stars would wait for LeBron James to decide his future before they would decide theirs.
Things went a very different way.
Durant's decision is a win on multiple levels for the two-time defending NBA champion Warriors. Not only do they get to keep the 2017 and 2018 NBA Finals MVP, but they also get some financial flexibility in the deal.
Durant will be paid about $30.5 million this coming season, about $5 million less than he could have commanded if the deal was structured differently. That savings will give Golden State options for other moves this summer, as the Warriors look to bolster their bench for a run at what could be a fourth title in a five-year span.
They might need the boost, because the Western Conference is going to be loaded — again.
George took the stage at a party in Oklahoma City on Saturday night and announced that he will be staying with the Thunder, a move that might have been unexpected a year ago when he was traded away by the Indiana Pacers — presumably because he was already focused on joining his hometown Los Angeles Lakers in free agency.
That move isn't happening. Not now, anyway, and barring a trade not for at least three years in what will be considered a massive victory for the Thunder and general manager Sam Presti. George agreed to a four-year deal that will be worth roughly $135 million, though he can opt out of the final season, according to a person familiar with the terms.
"I'm here to stay," George told the crowd at the party.
Down in Houston, Paul has told Rockets fans the same thing.
"UNFINISHED BUSINESS," Paul wrote on Twitter at the exact moment that the calendar flipped to July 1 in the East, meaning the NBA's free agency frenzy was officially open for the summer.
His meaning was clear. The Rockets were tantalizingly close to a trip to the NBA Finals this spring, and Paul's coming back to get over that hump.
Houston took Golden State to seven games in the Western Conference finals back in May. Paul missed the last two games of that series with an injury, and the Rockets wasted big leads in both of those games — then had to watch the Warriors sweep Cleveland for the NBA title.
Paul averaged 18.6 points and 7.9 assists last season with the Rockets, who went 65-17 led by Paul and newly minted NBA MVP James Harden. ESPN reported he is signing a four-year deal that will be worth $160 million.
Meanwhile, James created a frenzy on Saturday without saying a word.
James spent the week vacationing in Anguilla, and hopped aboard a private Gulfstream jet in the morning to fly to the Los Angeles area. By the time he arrived around midday — after his flight plan was tracked online — reporters and at least one news helicopter were waiting for the Cleveland Cavaliers star, who decided to become an unrestricted free agent and not opt-in to a $35.6 million deal for this coming season.
The Lakers have long been mentioned as a top destination for James, and they have more salary cap space this summer than any team in the NBA. But going to L.A. on Saturday doesn't necessarily provide any hint about his team for next season, since James has homes in Southern California.
But if James is going to be the next superstar to follow in the legacy that Wilt Chamberlain, Jerry West, Shaquille O'Neal, Kobe Bryant and Magic Johnson built for the Lakers, it's already fairly evident that not everyone in the NBA will be thrilled by the development.
"The Lakers are FOREVER gonna be Kobe's and Magic's team.... Process that," Philadelphia star Joel Embiid wrote on Twitter.
Philadelphia has been one of the teams often mentioned as a club that would pursue James this summer, and that still may be the case.
With Durant, George and Paul off the board, James is the biggest name left to decide his intentions when it comes to free agency. His agent Rich Paul was expected to meet by phone with Cavaliers general manager Koby Altman early Sunday, and there has been no indication when James will announce his plans for next season and beyond.
Teams were allowed to begin negotiating with players once 12:01 a.m. EDT Sunday arrived, though the Warriors had already said Durant would get whatever he wanted.
That was easy.
For Dallas, getting DeAndre Jordan — finally — was not.
Jordan agreed to sign with Dallas three years ago, then changed his mind and social media went beyond abuzz over what happened next. Former teammate Blake Griffin and coach Doc Rivers were part of a contingent that went to his house and stayed with him until the deal was official.
But he agreed quickly this time to a one-year, $24.1 million deal and will finally be part of the Mavericks.
For many teams, squeezing moves in a year where most franchises don't have cap space will be quite an arduous process. The NBA released the official cap and tax numbers for the coming season on Saturday night — the salary cap is $101,869,000, and the tax level is $123,733,000.
