Charania’s Latest: Durant, Celtics, Giannis

Kevin Durant will become eligible to sign an extension in July and there’s an expectation that he and the Rockets are going to explore that possibility once the trade sending him from Phoenix to Houston is official, ESPN’s Shams Charania said on Thursday’s episode of First Take (YouTube link).

“The goal right now for Kevin Durant and the Rockets is for him to retire in Houston,” Charania said. “They’re going to eventually, this offseason, discuss a contract extension and figure out where that lands.”

Durant, who will turn 37 in September, will make roughly $54.7MM during the final year of his current contract in 2025/26. Once he’s traded to Houston, he’ll be immediately eligible to sign a two-year extension worth up to about $122MM.

If he were to wait six months, he could get up to nearly $124MM on that two-year deal — the first-year max salary would be the same, but he could get an 8% raise for year two instead of 5%.

Given the minimal difference between those two hypothetical extensions, I’d expect the Rockets and Durant to try to get something done before the regular season begins rather than waiting until January.

Here are a couple more items of interest from Charania:

• Although they reportedly spoke to teams with lottery picks ahead of Wednesday’s first round, the Celtics were “not close” to trading Jaylen Brown, Charania said on ESPN’s First Take (YouTube link). Charania reiterated that Boston isn’t looking to move Brown or Derrick White and would only consider it if it an offer “blows them out of the water.” While Sam Hauser and Anfernee Simons are still trade candidates to monitor, Charania suggests that the brunt of the Celtics’ cost-cutting moves are already done, with Jrue Holiday headed to Portland and Kristaps Porzingis going to Atlanta.
• After reporting in mid-May that Bucks star Giannis Antetokounmpo is “open-minded” about considering possible options for his future outside of Milwaukee, Charania said on ESPN’s Get Up on Thursday (YouTube link) that that’s still the case, even though the two-time MVP hasn’t requested a trade to this point. “He’s going to remain open-minded,” Charania said (hat tip to RealGM). “I don’t think his future is necessarily tied to this week, to free agency week. It’s going to be a process where you see how this team looks into July – well into July, potentially – and then ultimately he will see how the Bucks look and how the chess pieces look across the league and ultimately have some form of a resolution.”