Kevin Durant reportedly agrees to two-year deal with Warriors

OAKLAND - One day shy of a year after announcing his decision to join the powerful Warriors, Kevin Durant accepted a major pay cut to help make sure they stay winners and chase more championships.

Durant wants to build a dynasty alongside Stephen Curry and Draymond Green, agreeing to terms Monday on a contract worth approximately $53 million for two years. A person with knowledge of the deal confirmed it to the Associated Press. The deal won’t become official until the end of the free agency moratorium Thursday.

The deal calls for about $25 million in the first year with a player option for the second season. As he planned all along to provide the Warriors with financial flexibility, Durant waited as Golden State general manager Bob Myers signed the other free agents - Curry for a record $201 million; Andre Iguodala on a three-year contract with $48 million guaranteed; Shaun Livingston for $24 million and three years, and David West on a one-year deal for the veteran minimum $2.3 million.