Durant reportedly will confirm that after free agency begins on July 1.
The second year is at Baynes' option, meaning he could be a free agent again next summer.
Los Angeles will also provide James with a larger platform for his business interests and social activism. So are Paul George and Chris Paul.
The Denver Nuggets signed two key players.
The 52-year-old Kerr signed a contract in 2014 with the Warriors for five years.
But if James is going to be the next superstar to follow in the legacy that Wilt Chamberlain, Jerry West, Shaquille O'Neal, Kobe Bryant and Magic Johnson built for the Lakers, it's already fairly evident that not everyone in the National Basketball Association will be thrilled. The Denver Nuggets won 46 games last season and they missed the playoffs by one-game. Durant has averaged at least 25 points for the past 10 seasons. ESPN reported he is signing a four-year deal that will be worth $160 million. First, Ariza ditched the Rockets, leaving a perimeter void Houston will struggle to fill.
However, it could create long-term issues for the team that is light years ahead. He will help the Suns be better on the defensive end.
Durant declined his 2018-19 player option worth $26.2 million to enter free agency. But Houston lost to the eventual champion Golden State Warriors in seven games in the Western Conference finals, losing the final two games with Paul out because of a hamstring injury. That largesse allowed Golden State to retain key role players Andre Iguodala and Shaun Livingston, who were free agents.
So, to sum the night up: A team that felt like it was on the precipice of winning a title just handcuffed themselves to Paul while letting a player critical to their successes previous year walk. The only uncertainty: how many years would Durant commit to the Warriors and for how much? This time, it won't happen.
One player they that may fit that bill is Jamal Crawford after he opted out of his contract with the Minnesota Timberwolves.
Jordan agreed to sign with Dallas three years ago, then changed his mind and social media went beyond abuzz over what happened next. He is a very good shooter and the Bucks need more of that.
Derrick Jones Jr. has signed a minimum deal with the Miami Heat, after playing with them on a two-way contract last season. He played for both the Atlanta Hawks and the Philadelphia 76ers.
J.J. Redick (unrestricted): Had a solid season for the 76ers, averaging a career-high 17.1 points per game and shooting 42 percent from three-point range.
Julius Randle (restricted): He's quietly turned into a promising young player with the Lakers, averaging 16.1 points and 8 rebounds last season while shooting almost 56 percent from the field. I'm gonna coach here for a long time.
This is only the beginning of free agency frenzy and it is far from over.