The Suns will send Cam Johnson, Mikal Bridges, Jae Crowder, four first-round picks and additional draft compensation to the Nets for Durant, a 13-time All-Star who averages nearly 30 points per game.

Fans, fellow NBA athletes and the mayor of Phoenix all took to social media to voice their reactions. "That is insane," one fan, Joe Brooks, told NPR. "I can't believe that they actually did it."

The USA team defeated France 87-82 to win the gold medal. Kevin Durant, of the Brooklyn Nets, dominated during the game. It was the squad's seventh gold medal in the past eight Olympics.