ORLANDO, Fla. — Kevin Durant needed just one minute to agree to a five-year contract extension with the Oklahoma City Thunder. The star forward announced the deal on his official Twitter page Wednesday morning.

Team officials showed up at Durant’s house at 11:01 p.m. CST on June 30 — the exact minute teams were allowed by league rules to negotiate contracts with their players — and offered a new deal. In an exclusive interview with The Oklahoman on Wednesday, Durant said he agreed to the deal at 11:02 p.m., one minute after teams executives showed up at his house.

The deal is worth approximately $85 million, the maximum allowable salary under NBA rules, according to Durant’s agent, Aaron Goodwin.

Durant cannot sign his new deal until Thursday, when the league’s moratorium is lifted, and team officials are prohibited from publicly discussing the agreement until that time. But by agreeing to a five-year deal, which begins for the 2011-12 season, the Thunder has secured Durant’s rights through 2015-16.