Kevin Durant is set to stay with the Brooklyn Nets after franchise and the 12-time NBA All-Star "agreed to move forward with our partnership".

Durant's future has been shrouded in doubt after the 33-year-old superstar reportedly asked for a trade at the end of June.

Nets general manager Sean Marks on Tuesday released a statement making it clear Durant is going nowhere after a meeting in which team owners Joe Tsai and Clara Wu Tsai, and head coach Steve Kerr, were present.

"Steve Nash and I, together with Joe Tsai and Clara Wu Tsai, met with Kevin Durant and Rich Kleiman in Los Angeles yesterday," the statement said.

"We have agreed to move forward with our partnership. We are focusing on basketball, with one collective goal in mind: build a lasting franchise to bring a championship to Brooklyn."

It was reported this month that Durant had given the Nets an ultimatum over his future, stating that he would only stay if Marks and Nash were fired.

Tsai threw his support behind Marks and Nash, tweeting: "Our front office and coaching staff have my support. We will make decisions in the best interest of the Brooklyn Nets."

Forward Durant is about to enter the first year of his four-year, $198million contract extension with the Nets.

The two-time NBA champion joined Brooklyn in a sign-and-trade deal in 2019 and penned a contract extension with the Nets 12 months ago.

Ex-Golden State Warrior Durant averaged 29.9 points, 7.4 rebounds and 6.4 assists from 55 games last season for a Nets team that was eliminated in the first round of the playoffs by the Boston Celtics.