Posted Jul 8 2010 9:15PM
OKLAHOMA CITY (AP) -- The Oklahoma City Thunder have formally signed forward Kevin Durant to a multi-year contract extension.
Team executive vice president and general manager Sam Presti announced the deal Thursday night, but didn't disclose any terms.
Durant's spokeswoman, Mary Ford, said Wednesday that Durant would receive the maximum deal possible, $85 million over five years.
Durant was the No. 2 overall pick in the 2007 draft and won the Rookie of the Year award. He averaged 30.1 points and 7.6 rebounds while leading the Thunder to a 50-32 record - a 27-win improvement over the previous season - and the first round of the NBA playoffs.
Presti says the signing shows Durant is committed to the team and the team is committed to Oklahoma City and the state.
|Wiggins Summer League Sensation|
Relive some of the great plays from Cavaliers' rookie Andrew Wiggins at Summer League 2014.
|Through the Lens: USA Basketball Pracice, Day 2|
Take a super slow-motion look at the second day of practice for USA Basketball.
|All-Access: Paul George at USA Basketball Practice|
Listen in as Paul George wears a mic to the second day of USA Basketball practice.
|Top 10 Plays: 2014 NBA Summer League|
Check out the top 10 plays from the Orlando and Las Vegas 2014 NBA Summer League.
|All-Access: Kyrie Irving at USA Basketball Practice|
Go behind-the-scenes with Kyrie Irving as he participates in USA Basketball practice.