Saturday, July 20, 2013

NBA will pay some of Kevin Durant's max contract

Because of the uncertainty of the impending collective bargaining agreement, the Oklahoma City Thunder did not assign a number to Kevin Durant's maximum contract extension in 2010.

Durant was able to earn a larger contract based on what is referred to as the Derrick Rose Rule. After making two All-NBA teams, he was eligible to earn more than other players signing extensions fresh off the rookie-wage scale.

Based on the change, Durant was due $89,163,134 over five years under the new CBA, which outpaced the previous max deal of $74,302,616. In a recent board of governors meeting, NBA owners have agreed to pay the Thunder the $14,860,519 difference, according to a report from Grantland.com's Zach Lowe (via ProBasketballTalk.com).

Source: http://www.sportingnews.com/nba/story/2013-07-19/kevin-durant-max-contract-okc-thunder-nba-cba-james-harden-russell-westbrook

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