Durant and the team reportedly agreed to the deal worth approximately $53 million. Sources told ESPN Durant is likely to opt out after the first year.
Going on @SportsCenter right now to talk about Kevin Durant agreeing to a pay cut of $9 million.— Chris Haynes (@ChrisBHaynes) July 3, 2017
Stephen Curry reached a 5-year deal with the team last week reportedly worth $201 million.
Stay with ABC7 News for more on this developing story.