Kevin Durant found out about his trade from the Phoenix Suns to the Houston Rockets in a highly public setting — while on stage at Fanatics Fest in New York City.

The Phoenix Suns are trading 15-time All-Star forward Kevin Durant to the Houston Rockets, a source with direct knowledge of the agreement told CNN on Sunday. In exchange, the Suns will receive guard Jalen Green, guard-forward Dillon Brooks, the No. 10 pick in the 2025 draft, which starts this Wednesday, and five second-round picks. Appearing at the Fanatics Fest in New York on Sunday, Durant was on stage when the presenter broke the news to the two-time NBA champion.

Despite the shock of learning about the trade in real time, Durant expressed optimism about his new chapter in Houston. He opened up about the emotional toll of being at the mercy of front-office decisions and emphasized how much it meant to land somewhere he feels valued. Durant now joins a young and hungry Rockets squad that has been actively reshaping its roster. As one of the league’s most prolific scorers and playoff-tested veterans, his presence could quickly elevate Houston into a serious contender in the Western Conference.

Durant played 62 games this past season, averaging 26.6 points, 6 rebounds and 4.2 assists per game. The Rockets finished with the second-best record in the Western Conference at 52-30 but lost in the first round of the playoffs to the Golden State Warriors in seven games. Durant returns to the Lone Star State where he played college ball at the University of Texas for one season.