The NBA Board of Governors voted to award the Oklahoma City Thunder approximately $15 million due to an issue with Kevin Durant's super-max contract, according to reporting by Zach Lowe of ESPN.

Durant signed a maximim extension with the Thunder in 2010 that went into effect for the 11-12 season, but in the NBA's new collective bargaining agreement, he would be eligible for a super-max as a two-time All-NBA honoree. The NBA approved the boost in December of 2011 and an additional $15 million over five years.

The Thunder signed the deal not anticipating paying Durant 30 percent of the cap.

Teams can only designate one player for the five-year extension, but were able to do so with both Durant and Russell Westbrook because of the loophole.