The Thunder and the NBA would not disclose the exact financial terms of the deal. The team said the deal ranks among the top 10 in average annual value, which would put it somewhere a little south of $10 million based on publicly known amounts. The league’s 29 patches have brought in an estimated $150 million per season so far, according to league sources.
May 23, 2019 | 2:47 pm EDT Update
Chris Mannix: Kevin Durant is unlikely to be ready to play when the NBA Finals open on May 30th, per Warriors. Team is hopeful he can return during the series. @Kevin Durant has yet to begin on-court activities.
Mark Kreidler: Warriors announce that Durant hasn’t been cleared to return to on-court activity. Team says it’s “hopeful” that “at some point” he plays in NBA Finals. Cousins is more likely at this point.
Mark Medina: Warriors say they “anticipate” DeMarcus Cousins will play at some point in the NBA Finals. Warriors they are “hopeful” Kevin Durant plays at some point in the NBA Finals. But nothing is certain. Warriors will re-evaluate both players on Wednesday
Tim Bontemps: The NBA has announced its All-NBA teams. By being named to one of the three teams, Damian Lillard is now eligible for four-year, $191 million extensions this summer, and Kemba Walker is eligible to sign a five-year, $221 million deal as a free agent July 1. No Beal or Thompson.
Rod Boone: It’s third-team Alll-NBA team honors for Kemba Walker. That means he’s eligible for the supermax contract, which in his case is five years, $221 million. Equates to a salary of $38.2 million per season. Now GM Mitch Kupchak has the financial parameters he must work with.
Christopher Hine: The league just released its All-NBA teams. Karl-Anthony Towns DID NOT make it. Rudy Gobert beat him out for the third team. His 5-year extension will be worth around $158 million instead of $190 million.
The three finalists for this year’s NBA Most Valuable Player award — Milwaukee Bucks forward Giannis Antetokounmpo, Houston Rockets guard James Harden and Oklahoma City Thunder forward Paul George — led the balloting for this year’s All-NBA teams, which were announced by the league Thursday afternoon. Antetokounmpo and George were named to the two forward spots on the first team, while Harden was joined by Stephen Curry as the first team guards. Rounding out the first team was Nikola Jokic. Antetokounmpo and Harden were unanimous first-team selections. By making a second consecutive All-NBA team, Antetokounmpo put himself in line to be handed the largest contract in NBA history by the Bucks next summer: a five-year deal worth $247.3 million, according to ESPN’s Bobby Marks. When he can receive it next July, Antetokounmpo will be one year away from free agency.