According to league sources, Seattle rookie Kevin Durant will be named NBA rookie of the year. The Sonics will have a press conference to announce the award on Thursday.

Durant finished ahead of Atlanta's Al Horford and Houston's Luis Scola to become the first Sonic to win the award.

Durant led all rookies in scoring (20.3 ppg.), free-throw shooting (87.3 percent) and assists (2.4 apg.). And Durant became just the third teenager in league history to average 20 points a game for a season, joining Carmelo Anthony and LeBron James.

Durant will travel from Washington D.C. to Seattle for Thursday's press conference.

In news involving the Sonics future location, Seattle law firm Byrnes & Keller accepted a summons regarding former Sonics owner Howard Schultz's lawsuit against the current ownership group on Tuesday, and will represent Sonics chairman Clay Bennett and the rest of the ownership group. Byrnes & Keller also is representing Bennett's group in the lawsuit vs. the city of Seattle.

Bennett's group has 20 days to respond to the complaint.

The Sonics finished final lease negotiations with Oklahoma City that include having Oklahoma City in its name should the team move there.

And here's an interesting article on the new revenue sharing package owners passed during the NBA Board of Governors meeting in New York, and how it could affect small market teams.