Why Kevin Durant took a $30 million pay cut in Rockets’ contract extension and still broke LeBron James’ record

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Kevin Durant took a pay minimize to re-sign with the Houston Rockets, and for good cause.

After months of hypothesis, Kevin Durant has signed a $90 million extension with the Houston Rockets, solidifying his future with the group.

When Durant was traded to the Rockets in late June, there was some concern about his future as his contract was set to run out in 2026.

The Rockets is not going to give Durant a contract extension price as much as $120 million. He is in his late 30s and that is some huge cash to dedicate to him in a really quick period of time.

However there’s one other, extra necessary cause behind why the Rockets satisfied Durant to take a pay minimize and re-sign.

Picture credit score: Alex Slits/Getty Photos

One of many largest causes the Houston Rockets requested Kevin Durant to take a pay minimize is {that a} new CBA might transfer them dangerously near the second apron.

The Rockets did not simply wish to lengthen Durant’s contract this summer season. The truth is, the Rockets wished to re-sign Tali Eason, who’s eligible for a contract extension and is within the ultimate 12 months of his rookie contract.

The Rockets might re-sign Eason for a promising quantity after Durant accepted a big pay minimize to assist the staff.

Durant might have as an alternative taken a $22 million pay minimize and made essentially the most of his scenario, so this can be a actually good signal for the staff.

As a substitute, he confirmed his dedication to the staff by doing all the things he might to maintain the Rockets on the roster long-term.

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By signing a $90 million extension with the Rockets, Durant made historical past and firmly established the file for highest profession wage earned by an NBA participant.

After this deal, Durant will earn $598.2 million over the course of his NBA profession. That is about $15 million greater than LeBron James’ earlier lifetime earnings of $583.9 million.

Durant grew to become an especially rich man because of his unimaginable expertise and need to win. For a boy who grew up impoverished in Washington, D.C., that is an unimaginable fruits of his journey.

However that journey will not be full till Durant will help lead the Rockets to an NBA championship, one thing this deal ought to assist him do.

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