Nike will match the gargantuan 10-year, $265-285 million offer reportedly offered to Kevin Durant by Under Armour, according to a report from ESPN.com’s Darren Rovell and Mark Stein.

Durant has been with Nike for the past seven years, during which he earned $60 million. Specifics of the Nike offer have not come forward, but the company expects the contract will be enough to retain the MVP.

Durant appears poised to stay with the company that counts LeBron James, Kobe Bryant, Dirk Nowitzki, and many other super stars under contract. Under Armour’s top endorser remains Stephen Curry.

The Nike deal will reportedly pay Durant more than he will make from the Oklahoma City Thunder. (You can thank the NBA’s terrible max contract clause for that.)

The current Durant shoe model, the KD VII, sells at $150, and reports suggest that Nike’s price point is too low and that a higher price is expected.

In terms of on-the-court issues, this could be a good omen for the Thunder. Durant has been rumored all summer to be considering a possible return to his hometown in two years to play for the Washington Wizards. Under Armour is a Baltimore-based company, just 40 miles north of D.C. This thinking might all be dumb Internet speculation, though. After all, Nike is headquartered just 15 minutes away from Portland, and the Trail Blazers’ biggest signings this decade are probably Wesley Matthews and Andre Miller.