Kevin Durant signing 5-year Thunder extension

Oklahoma City Thunder forward Kevin Durant is signing a five-year contract extension.

The young superstar quietly revealed the news on Twitter Wednesday morning, one day before the start of the NBA free agent signing period.

According to ESPN, the five-year deal is for $86 million. It will keep him with the Thunder through the 2015-16 season. Durant still has one season left on his rookie deal.

According to the Oklahoman, Durant’s deal is guaranteed through the 2015-16 season and has no player option. It is worth between $85M-$86M depending on the 2011-12 salary cap.

The NBA world is busy waiting to hear where LeBron James is going to sign. Multiple reports today said that the Miami Heat are expected to land both Dwyane Wade and Chris Bosh.

Durant last season averaged 30.1 points, 7.6 rebounds, 2.8 assists, 1.4 steals and 1.0 blocks per outing. He played in all 82 regular season games.

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Oklahoma City Thunder forward Kevin Durant takes the ball against the Los Angeles Lakers during Game 4 of their NBA Western Conference playoff series in Oklahoma City, April 24, 2010. REUTERS/Bill Waugh (UNITED STATES - Tags: SPORT BASKETBALL)