"Kevin Durant's new contract has kicked in.

And it contains the 5 percent bump permissible under the so-called Derrick Rose rule.

That means Durant is earning 30 percent of the salary cap rather than the previous maximum allowable allotment of 25 percent. To put that raise in perspective, Durant will now collect more than $2.5 million more per season than he would have had his extension taken effect under the previous collective bargaining agreement.

It's a difference of at least $12.5 million over the life of the five-year deal. The exact amount of Durant's new contract is unclear. It is largely dependent on both Durant's first-year maximum salary — which the league determines by a different salary cap calculation as opposed to a simple 30 percent share — and whether other details such as the percentage of annual raises have been grandfathered into the contract."