Part of Durant extension reimbursed
Few would argue that Kevin Durant isn’t living up to his current contract. But that didn’t stop the Thunder from getting some of his five-year, $89 million deal reimbursed.
The NBA Board of Governors voted to refund a portion of the extension Durant signed in 2010. The giveback, the amount of which is still unclear, will not affect the Thunder’s team salary, according to The Oklahoman. The paper also reported that the reimbursement is not for the full amount of the roughly $15 million in additional salary Durant received.
Durant, 24, signed the extension in July 2010 -- more than a year before the league ratified the current collective bargaining agreement in December 2011 – and Durant was grandfathered in. The team argued against the superstar’s inclusion in 2011 to no success.
The CBA allows players entering their fifth seasons to receive an extension up to 30 percent of the salary cap under certain circumstances. Such players were eligible for 25 percent of the salary cap under the previous CBA.
Durant, who won three consecutive scoring titles, averaged 28.1 points last season.