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Kevin Durant likely to agree to maximum contract extension

To sign short term or long term? Decision day is coming for Kevin Durant.
By Darnell Mayberry, Staff Writer, dmayberry@opubco.com Modified: June 29, 2010 at 9:40 am •  Published: June 28, 2010

It's the final season that is most significant and what makes it likely Durant accepts a five-year deal.

Although a new collective bargaining agreement could drastically alter the way deals are done, Durant could receive a much larger payday if the rules aren't greatly different. Current CBA rules prohibit players to re-sign for 105 percent of their previous year's salary, or 30 percent of the salary cap.

While completely hypothetical at this point, Durant's second contract could start in the neighborhood of $20.9 million with annual raises of $2.2 million over five years. A shorter deal of, say, three years would give Durant a lower number to start from when his extension runs out.

This summer's most highly-coveted free agents, LeBron James, Dwyane Wade and Chris Bosh, have lost out on money and will continue to wherever it is that they sign this summer because they agreed to three-year deals with player options for a fourth season.

Orlando's Dwight Howard, on the other hand, signed a five-year deal in 2007 and is slated to earn $19.2 million in the final year of his contract in 2012-13. The last year of Howard's deal is also a player's option.

Goodwin also represented Howard during his extension.

“We believe that the Oklahoma City Thunder recognizes Kevin's value,” Goodwin said. “And I don't think it's going to be hard to come to some sort of agreement and keep things moving.”