NBA owners are weighing a massive offer for the Los Angeles Clippers that would give the franchise a $2 billion valuation and give the league an estimated $2.2 billion revenue stream, according to multiple people familiar with the talks.
The offer includes the Clippers acquiring Kevin Durant, who is in his eighth NBA season.
The Lakers are expected to be the first team to offer a deal, according.
The Los Angeles Times first reported the offer.
The newspaper said a source familiar with talks told the paper that the Clippers could be worth up to $2-3 billion.
The Clippers’ annual revenue was $9.3 billion last season, according a league report.
The Times also reported that the teams offer includes a potential extension for All-Star Blake Griffin.
The two sides have been in discussions about a deal for years, the newspaper reported.
The NBA said in a statement that it would not comment further until the Clippers offer is made public.
It said it would also not comment on pending trade rumors.
The league said in July that it was interested in the Losers of the All-Stars and Golden State Warriors as a possible landing spot for the Clippers.