Kevin Durant's new deal with Golden State to be for one year

Report: Steve Kerr, Warriors finalizing contract extension

Durant's salary for the next season is $5.3 million less than he would have received had he agreed to a four-year contract.

LeBron James, of course, remains the biggest story of free agency, as the world waits to see where the game's biggest star will end up in 2018-19. Paul missed the last two games of that series with an injury, and the Rockets wasted big leads in both.

Durant averaged 26.4 points per game to go along with 6.8 rebounds and 5.4 assists in the regular season.

That Durant continues to take less money to make the team better is admirable.

Durant will likely become a free agent in 2019 and sign a multi-year deal starting around $38 million. Incidentally, Durant will save the Warriors millions in salary and millions more in luxury tax payments by signing this way.

The idea of Durant leaving a team he's won two championships and two finals MVPs with sounds odd, but it's a possibility.

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A person familiar with the discussion says LeBron James was in contact with the Cleveland Cavaliers when National Basketball Association free agency opened.

Earlier this month, Durant helped the Warriors defeat the Cleveland Cavaliers to win their second straight title. Players who take this contract typically do so with the intention of opting out after the first year. The duo reportedly declared "we can bring it home" before the crowd that was gathered to confirm PG's commitment to Oklahoma City despite initial assumptions that saw George returning to his hometown to play for the Los Angeles Lakers.

The Thunder also re-signed forward Jerami Grant to a three-year, $27 million deal, according to ESPN.

Chris Paul is staying with the Houston Rockets.

"I'm not saying he's going there, I'm saying that they are absolutely planning their offseason around him". Adding Cousins to their already historically loaded roster makes them the unquestioned winners of the summer, despite James' move to Hollywood.

Oh, and at the same time the news of Paul's massive contract was coming to the forefront, the Rockets lost Trevor Ariza to Phoenix, who signed the 3-and-D wing to a one-year, $15 million deal.

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