Kevin Durant and the Houston Rockets have agreed to a two-year, $90M extension ($45M annually) with a player option for the 2027-28 season. ESPN’s Shams Charania first reported the news.

Durant – who averaged 26.6 points, 6 boards, and 4.2 assists last year in his age 36 season with the Phoenix Suns – was eligible for an extension as large as about $60M annually, given Durant has ten or more years of service and is eligible to make 35% of the salary cap, which is $155M this year and expected to be $166M next season and $174M in 2027-28.

The extension is not a surprise: at the Rockets’ media Day availability, Durant said “I do see myself signing an extension (with Houston).”

The Rockets now find themselves with a short window while Durant is still playing at an All-Star level to make a p

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