It has emerged today that Kevin Durant has dismissed his $600,000 federal lawsuit against his former accountant.
The Oklahoma City Thunder man had filed the lawsuit against his former employee Joel Lynn Elliott in December.
In it Durant had alleged that Elliott had deducted some personal expenses as business expenses on the player's taxes without the proper documentation. This, the lawsuit argued, amounted to professional negligence, breach of fiduciary duty and breach of contract.
K. Durant Enterprises LLC had sough $200,000 each for the three separate counts.
But it appears today that the suit, originally filed in San Jose, California, has been dismissed on the agreement of Durant.
Durant has continued to be a dominant force on the court, leading the race against LeBron James for this year's NBA MVP. And as his performances continue to draw attention, so will his business ventures off the court continue to grow.
The filing documenting the dismissal did not reveal whether a settlement had been reached.