The news, confirmed by multiple sources including ESPN’s Shams Charania, comes as Kevin Durant enters the final year of his contract and the Phoenix Suns prepare for a pivotal offseason after missing the playoffs.

Durant, who averaged 26.6 points, 6.0 rebounds, and 4.2 assists last season, is seeking what could be the final major move of his illustrious career. According to reports, he is willing to commit long-term only to the Heat, Spurs, or Rockets, and would sign a two-year, $122 million extension with any of those teams once traded.

Each franchise offers a unique appeal: Miami’s established culture and playoff pedigree, San Antonio’s rising core led by Victor Wembanyama, and Houston’s deep pool of young talent and assets.

Durant’s camp has made it clear to NBA executives that these are the only teams he would consider extending with, signaling his desire for both stability and a realistic shot at another championship.

Suns’ stance: best offer wins

Despite Durant’s preferences, the Suns are not obligated to honor his wishlist. Phoenix has reportedly communicated with six to eight teams showing serious interest and made it clear they will pursue the most advantageous deal, even if it means sending Durant to a team outside his chosen three.

The Suns’ priority is maximizing their return after giving up significant assets to acquire Durant from the Brooklyn Nets in 2023. While Miami, Houston, and San Antonio are well-positioned with cap space and trade assets, other teams—such as the Minnesota Timberwolves and Toronto Raptors—have also been linked to Durant in recent months and could make aggressive offers.

Durant’s contract, which pays him $54.7 million for the 2025–26 season, does not include a no-trade clause, limiting his leverage. However, his willingness to sign an extension only with his preferred teams could influence the market, as rival executives weigh the risk of trading for a superstar who might not stay beyond one season.

The trade market for Durant is expected to move quickly, with insiders suggesting a deal could materialize within days as teams jockey for position. While the Suns and Durant’s camp are expected to work together, Phoenix’s front office is under no obligation to send him to his preferred destinations if a better offer emerges elsewhere.