Just two weeks after winning his very first NBA Championship, #KevinDurant is expected to re-sign with the #GoldenStateWarriors for a reported $53 million! He will be paid $25 million his first year with a player option valued at $28 million for the second year. While this is a lot of money, he could be earning nearly triple the amount of money!
However, it appears that Durant has sacrificed his salary to aid his new team in a number of ways including easing the blow from their luxury tax by almost $20 million. Kevin Durant accepting less money also allowed for Andre Iguodala to be signed for $48 million and Shaun Livingston for $24 million, two deals which ultimately sank the team into a deeper luxury tax.
“According to reports from Marcus Thompson II of Bay Area News Group and several others, Durant will soften the Warriors’ tax bill by signing a “one-plus-one” deal that pays him a 2017-18 salary of $25 million — significantly below the $31.8 million he could have made with such a deal, and almost $10 million below the $34.5 million he could have made on a long-term max deal.
The “one-plus-one” contract means Durant will have a player option worth roughly $28 million for 2018-19. Should he decline the option, he’ll be eligible for a four-year max deal that should total upwards of $160 million next summer. Should he chooses to pick up the option, he would then be eligible for a five-year super-max deal come July of 2019.
Chess not Checkers, Roommates!!
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Source: http://www.mercurynews.com/2017/07/03/warriors-kevin-durant-is-taking-even-less-money-than-we-all-thought/
