By Anthony Caruso III | Publisher
Golden State Warriors forward Kevin Durant will opt out of his contract for next season, according to ESPN’s Chris Haynes. He’ll turn down a contract for $26.2 million next season.
This news comes on heels of the Warriors being blown out by the Utah Jazz. Yet, while Durant is expected to opt out, he’s expected to remain with the Warriors moving forward.
Durant took approx. $10 million less than last summer so that the band could stay together. He wanted the team to re-sign several players before he signed with the team.
Last off-season, Durant signed a two-year, $51 million deal with the Warriors. He is doing what LeBron James made popular a few years ago when he elected to take one-year deals, but there is a stipulation in the CBA that says a player can only do it so many times before their 30th birthday. Afer that, they have to accept long-term deals.
Durant took less money so the Warriors had enough funds to re-sign forward Andre Iguodala, along with backup point guard Shaun Livingston. While the Warriors were hoping that he would sign another discounted deal to help the team moving forward, Durant, according to sources, would like to sign a max deal to remain in the Bay Area.
KD, as he is commonly known, joined the team on July 4th, 2016 after meeting with several teams. Durant has a few options on the team, as he could sign another two-year deal with an option to opt out following next season.
Or he could sign a four-year max deal with the Warriors worth $158 million. He could also sign a three-year deal, but opt out following the second season. As the salary cap increases, he could make more money doing his contract like this.
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