Suns forward Kevin Durant won’t sign a contract extension before the regular season begins, Shams Charania said during an appearance on Friday’s episode of NBA Today on ESPN (YouTube link).
As we outlined on Thursday, Durant – who has two years left on his current maximum-salary deal – is eligible until October 21 to sign a one-year extension worth up to $59.5MM. If he doesn’t sign that extension by Monday, his next opportunity to extend his contract will come during the 2025 offseason.
Durant downplayed the likelihood of completing a deal this fall, but has expressed “publicly and privately how much he loves Phoenix,” according to Charania, who suggests that both the former MVP and the team are focused on getting something done next offseason, when Durant could add two new years to his current contract for a total of $123.8MM.
The Over-38 rule prohibits Durant from signing any deal that would keep him under contract for four or more total years going forward.
Here are a few more of the latest updates on players who are eligible for contract extensions:
- The Warriors and Jonathan Kuminga remain “far apart” in their extension negotiations, according to Charania, who said during that same NBA Today segment that there’s a sense Kuminga may enter the season without a new deal in place, putting him on track for restricted free agency in 2025. Charania adds that the Warriors forward is comfortable with the idea of betting on himself in 2024/25 and trying to earn a maximum-salary contract – or something close to it – next summer. Moses Moody appears “much more likely” than Kuminga to sign an extension with Golden State before Monday’s deadline, per Charania.
- The Rockets have had “productive” conversations with both Alperen Sengun and Jalen Green and have made extension offers that would provide them with long-term financial security, according to Charania. However, Charania notes that those offers are below the max, so Sengun and Green will have to decide whether they’re willing to accept those deals or if they want to push for bigger paydays by opting for restricted free agency.
- The Nuggets and forward Aaron Gordon are in “active conversations” about an extension, per Charania. Gordon is eligible to sign for up to $143.3MM on a four-year deal that would begin in 2025/26, though ESPN’s Brian Windhorst said on the Hoop Collective podcast (YouTube link) that Denver is hoping to get him to accept a little less than that. “They haven’t handed out that (max) offer,” Windhorst said (hat tip to RealGM). “Otherwise he would have signed it. From what I understand, they are negotiating and they’re hopeful of getting him at less than what would be his quote, unquote max.”
- In an Insider-only story for ESPN.com, Bobby Marks examines some of this year’s top extension candidates and shares the offers he’d put on the table for several of them, including $148MM for Jalen Johnson, $128MM for Josh Giddey, and a whopping $165MM for Jalen Suggs (all five-year deals).