The balance of power has shifted in the NBA, as the Brooklyn Nets reportedly will sign Kevin Durant after reports that the club had signed Kyrie Irving, according to ESPN's Adrian Wojnarowski. Durant will reportedly make the news official on the Instagram account of "The Boardroom."

The Nets will also sign center DeAndre Jordan.

There are also rumors that the Los Angeles Lakers are close to a deal with NBA Finals MVP Kawhi Leonard. The Los Angeles native could be signing with the Lakers or Clippers, though there are indications he is leaning towards the Lakers. Leonard, who won a title with the Toronto Raptors in June, would join LeBron James and newly acquired big man Anthony Davis if his deal with the Lakers is completed.

The moves, if they are completed, immediately make the Lakers and Nets among the best clubs in their respected conferences. 

Durant, however, is expected to miss the 2019-20 season with an Achilles injury. The 31-year-old will sign a four-year deal worth $164 million.

The deals are also painful for the other teams in New York and Los Angeles. The Knicks were considered front runners to land Durant, while the Clippers were expected to be a favorite to sign Leonard.

Other free agents on the market include Jimmy Butler and Kemba Walker. Butler may decide between the Miami Heat and the Houston Rockets, while Walker is reportedly close to a deal with the Boston Celtics.

Klay Thompson is expected to re-sign with the Golden State Warriors.