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Suns Advance Kevin Durant Trade Talks With Heat, Spurs and Rockets

Phoenix expects to conclude negotiations soon by matching its best return objectives with Durant’s extension commitments

Phoenix Suns forward Kevin Durant gestures to the referee for a foul call against the Toronto Raptors at Scotiabank Arena.
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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/File Photo

Overview

  • Kevin Durant has narrowed his wish list to the Miami Heat, San Antonio Spurs and Houston Rockets and would sign a two-year extension worth up to $122 million with one of them
  • The Suns have told six to eight serious suitors they will accept the most valuable package for Durant, even if it comes from a team outside his preferred trio
  • Durant’s expiring $54.7 million contract for the 2025-26 season and eligibility for a $122 million extension on July 6 are key drivers of trade value
  • San Antonio’s deep draft capital, Houston’s roster connections to Durant and Miami’s mix of players and picks stand out in early proposals
  • A completed trade will reshape Phoenix’s roster construction and shift the competitive landscape across both conferences before the July draft