Durant was the lone unanimous First-Team selection, receiving all 125 votes for a total of 625 points. The Oklahoma City Thunder star was selected as the league's MVP for the first time this year and has been chosen as First-Team All-NBA member for the fifth time.
James, who has led the Miami Heat to a fourth straight NBA Finals appearance, came up one vote shy of being a unanimous pick. He is still a First-Team choice for the seventh consecutive year and eighth time overall.
Chicago Bulls center Joakim Noah and guards James Harden of Houston and Chris Paul of the Los Angeles Clippers round out the First Team. Noah and Harden are First-Team choices for the first time, while Paul earned his fourth such nod.
The Second Team features forwards Blake Griffin of the Clippers and Kevin Love of Minnesota, Houston center Dwight Howard and guards Stephen Curry of Golden State and Tony Parker of San Antonio.
Selections for the Third Team are forwards Paul George of Indiana and LaMarcus Aldridge of Portland, Charlotte center Al Jefferson and guards Damian Lillard of Portland and Goran Dragic of Phoenix.