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'Incredible coup': Brooklyn Nets in $430m swoop for KD and Irving

New Zealander Sean Marks has transformed the ugly duckling Brooklyn Nets into the NBA's new power by snaring superstar free agents Kevin Durant and Kyrie Irving in a $305 million ($A434m) play.

Marks, the first New Zealand-born player to play in the NBA, became general manager of the hapless Nets in 2016 and through astute choices built a group of unheralded players into a team that made the playoffs last season.

They will have two All-Stars and veteran centre DeAndre Jordan to make the team a legitimate chance to claim the Eastern Conference and fight for a title.

Durant, despite likely missing the coming season with an achilles tear, and Irving were two of the jewels of the NBA free agent signing period that opened on Sunday evening (8am Monday AEST).

Kevin Durant and Kyrie Irving are both heading to the Brooklyn Nets. (Photo by Andrew D. Bernstein/NBAE via Getty Images)
Kevin Durant and Kyrie Irving are heading to the Nets. (Photo by Andrew D. Bernstein/NBAE via Getty Images)

Forward Durant, an NBA MVP, two-time NBA champion and 10-time All-Star, will leave the Golden State Warriors and join the Nets on a four-year max deal worth $US164m ($A233.4m), he announced on the Instagram account linked to his ESPN-owned site, The Boardroom.

Melbourne-born point guard Irving, an NBA champion with the Cleveland Cavaliers and six-time All-Star, is fleeing the Boston Celtics, after a tumultuous season, to link up with Durant in Brooklyn in a four-year, $US141 ($A200.6m) deal.

The 211cm tall Jordan, a two-time NBA All-Defensive team member, played with the Dallas Mavericks and Brooklyn's cross-town rival New York Knicks last season.

Billion-dollar madness

In other major free agent moves, Charlotte's All-Star guard Kemba Walker has reportedly agreed to join the Celtics on a four-year $US141 ($A200.6m) deal.

Australia's All-Star Ben Simmons is expected to sign a five-year, $US168m ($A239m) contract extension with the Philadelphia 76ers as early as Monday.

ESPN reported the 76ers have begun talks with Simmons' agent Rich Paul.

The 76ers, however, lost their sharpshooter JJ Redick who is heading to the New Orleans Pelicans on a two-year $US26.5m ($A37.7m) contract.

Philly's All-Star guard/forward Jimmy Butler may also leave and he is reportedly in talks to join the Miami Heat.

Kawhi Leonard, after leading the Toronto Raptors to their first championship, is also a free agent but is not expected to rush to make a decision.

with agencies and Yahoo Sports