Kevin Durant has made NBA financial history. He is now the highest-earning player the league has ever seen. His total career earnings have reached a staggering $598.2 million.
This new record was confirmed by financial data from ESPN. It officially surpasses the previous mark held by his longtime peer, LeBron James. Durant’s recent contract extension with the Houston Rockets sealed the deal.
Rockets Extension Secures Historic Financial Milestone
Durant signed a two-year contract extension worth $90 million. The deal includes a player option for the final season. This strategic move pushed his lifetime earnings past James’s $583.9 million.
Notably, Durant accepted a significant pay cut for this extension. He took roughly $30 million less than the maximum he was eligible to receive. This decision provides the Rockets with greater financial flexibility to build a stronger team around him.
His current salary for this season is $54.7 million. With the new extension, his guaranteed earnings for the next three years total approximately $144.7 million. This financial planning showcases a blend of security and competitive sacrifice.
Elite Performance Justifies Unprecedented Earnings
Despite being 37 years old, Durant’s on-court performance remains exceptional. He averaged 26.6 points per game last season. His shooting efficiency continues to rank among the league’s best.
This contract signals his intent to finish his career with the Houston Rockets. It represents a long-term partnership focused on championship contention. His leadership is considered vital for the team’s aspirations.
The record underscores an 18-season career defined by scoring titles and consistent excellence. It highlights the evolution of player salaries and financial power in modern professional sports.
Kevin Durant’s new status as the NBA’s earnings king is a testament to his sustained elite talent and smart career decisions, setting a new financial benchmark for future generations of athletes.
Thought you’d like to know
How much is Kevin Durant’s new contract with the Rockets?
His new deal is a two-year, $90 million extension. It includes a player option for the 2027-28 season. This contract directly contributed to him breaking the all-time earnings record.
Did Kevin Durant take a pay cut on his new deal?
Yes, he accepted a pay cut of approximately $30 million. He was eligible for a larger maximum extension. The move was made to help the Rockets manage their salary cap.
What are Kevin Durant’s stats for the last season?
He averaged 26.6 points per game last season. He maintained elite shooting percentages from the field. His performance remains at an All-Star level.
How does this affect the Houston Rockets’ roster?
Durant’s pay cut provides the team with more financial flexibility. It allows them to sign other key players. The goal is to build a more competitive roster around him.
Who held the NBA earnings record before Kevin Durant?
LeBron James was the previous record holder. His career earnings were estimated at $583.9 million. Durant’s new contract pushed him into the top spot.
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