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Sources: Nike to Keep Kevin Durant

Basketball Insiders

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At the 11th hour, Nike just simply couldn’t let Kevin Durant walk away.

With Durant on the verge of a move to Under Armour, sources told ESPN on Sunday that Nike has exercised its right to match any rival shoe company’s offer to the Oklahoma City Thunder star.

Nike has countered Under Armour’s offer of between $265 million and $285 million and believes it will keep Kevin Durant for the next 10 years, sources told ESPN. Nike, whose seven-year deal that guaranteed Durant $60 million is expiring, made an initial offer of about $20 million a year that was far from what Durant was looking for. Under Armour’s huge play for Durant had many believing that Nike would even let him go at that price.

via Darren Rovell and Marc Stein of ESPN

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Sources: HEAT Aggressive in Pursuit of Jimmy Butler

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So far, Pat Riley and Miami have been as aggressive as any team in pursuit of a Jimmy Butler trade with Minnesota, league sources tell ESPN. Ownership still prefers to find a deal by early this week, sources said.

Source: Adrian Wojnarowski on Twitter

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Sources: Knicks, Joakim Noah Nearing Buyout Agreement

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Sources on @TheAthleticNBA @WatchStadium: Joakim Noah and the New York Knicks are near agreement on his waive and stretch. Noah will not report to training camp this week as sides part ways before media day.

Source: Shams Charania on Twitter

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Sources: Cavaliers Interested in Jimmy Butler

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ESPN Sources: Another team pursuing a Jimmy Butler trade with Minnesota: Cleveland. Cavs owner Dan Gilbert was seen talking privately with Glen Taylor at NBA Board of Governors meeting on Friday. Both owners played a part in negotiating the Love-Wiggins deal.

Source: Adrian Wojnarowski on Twitter

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