The 10-year National Basketball Association veteran was scheduled to receive approximately $28 million in salary next season, but he will take about $4 million less than the max contract he is eligible to receive.
According to ESPN's Chris Haynes, Durant plans to decline the player option on his contract with the Golden State Warriors, only to re-sign with the team for less than max value.
Multiple reports said Durant, the Most Valuable Player of this month's NBA Finals triumph over Cleveland, will opt out of his contract but re-sign with Golden State in a money-saving move under NBA salary cap rules.
In Golden State's run to the title, Durant led the Warriors with a player efficiency rating of 27.5 in 15 playoff games. Reports suggest he's willing to take up to a $4 million pay cut to give the Warriors a better chance of re-signing Iguodala, who is an unrestricted free agent this summer.
That translates to KD teaming up with GSW headliners Stephen Curry, Draymond, Green and Klay Thompson for another shot at the Larry O'Brien Trophy next year.
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All signs, according to sources, point to Durant signing another one-plus-one pact, which carries a player-option at the end.
Kevin Durant will become a free agent on July 1, but the star forward won't be available on the open market for very long.
Also a direct of result of Durant's adjustment is the increased possibility of "the Warriors to keep together the championship roster that includes Iguodala, Shaun Livingston, Georgian center Zaza Pachulia and reserves", AFP said. He was to come out from the bench and provide the team the support they needed. In four seasons with the Warriors, Iguodala, who made $11.1 million this past season, has served as a playmaker and primary wing defender and established himself as a high-character leader.
So looking at the big picture, Durant's decision to waive off the extra $4 million he is entitled to will lead to paybacks of hundreds of millions in the years ahead plus the opportunity of taking home multiple National Basketball Association rings.
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