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Durant to Start 2025-26 Season on Expiring $54M Deal After Extension Talks Stall

Houston plans a short-term, below-max extension to protect its 2027 salary-cap space

Kevin Durant speaks onstage during Fanatics Fest NYC 2025 at Javits Center on June 22, 2025 in New York City.
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May 23, 2025; Los Angeles, California, USA; Kevin Durant attends the game between the Golden State Valkyries and the LA Sparks at Crypto.com Arena. Mandatory Credit: Kirby Lee-Imagn Images

Overview

  • Kevin Durant enters the 2025-26 season on a $54 million expiring contract following his July trade to Houston.
  • Negotiations over a two-year, $122 million maximum extension have stalled as the Rockets show reluctance to offer a full-max deal.
  • Rockets management has declined veteran options and structured other player deals to preserve cap space for the 2027 offseason.
  • If no extension is agreed, Durant would be eligible to enter unrestricted free agency in the 2026 offseason under NBA rules.
  • A summer league source told NBC Sports that Durant could accept about $100 million over two years instead of pursuing the full max.