Brooklyn Nets star Kevin Durant has agreed to sign a four-year, $198 million extension with the organization, per Durant's own media outlet Boardroom.
Durant joined the Nets in 2019 after spending three seasons with the Golden State Warriors. While with the Warriors, the 11-time All-Star forward won back-to-back NBA Finals and back-to-back Finals MVP awards.
After rupturing his Achilles during the Warriors' 2019 NBA Finals loss to the Raptors, Durant signed a four-year, $164 million contract with the Nets as part of a sign-and-trade deal.
This recent extension will keep Durant in Brooklyn through 2028. The 32-year-old will reportedly decline his current player option for the 2022-23 season and add four years beginning in 2022.
According to Boardroom, Durant's career earnings through last season are $306,172,746, ranking him No. 5 on the all-time list.
With this deal, he remains in Brooklyn alongside All-Star teammates Kyrie Irving and James Harden. Despite being among the favorites to win the NBA Finals in 2021, Durant and an injured Nets squad came up short in the Eastern Conference Semifinals, falling to the eventual NBA Champion Bucks 4-3.