Steph Curry, Warriors agree to 1-year, $62.6M extension: Source

August 29, 2024

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Steph Curry, Warriors agree to 1-year, .6M extension: Source

By Shams Charania, Marcus Thompson II and Mark Puleo

Steph Curry’s contract with the Golden State Warriors came closer to its end on Thursday, as the star forward agreed to a one-year, $62.6 million contract extension that will keep him with the team he won four titles with through the 2026-27 season, a league source confirmed.

According to data from Spotrac, Curry still has $178 million left on his contract with the new extension.

The two-time MVP turns 37 on March 14, but has maintained his All-NBA production level. He averaged 26.4 points in 74 games last season and shot above 40 percent from three in his 13th season.

However, Golden State finished 46-36 and was eliminated from the Play-In tournament, failing to reach the playoffs for the third time in the past five seasons.

In 2024-25, Curry will play his first season without backcourt mate Klay Thompson on the roster since the duo were added in 2011-12. Along with championship teammates Draymond Green, Andrew Wiggins, Kevon Looney, Gary Payton II, Jonathan Kuminga and Moses Moody, the Warriors have revamped the roster around Curry, which will feature newcomers Buddy Hield and Kyle Anderson.

Curry will also enter the 2024-25 season with his first Olympic gold medal. The 10-time All-Star helped Team USA to the championship with his trademark shooting power.

Curry’s name is all over the Warriors record book. He’s the team’s best player in games played, points, assists, steals and of course three-pointers.

Why Curry Agreed to Extension Now

In a way, this is a surprise from Curry. By signing an extension and committing himself to the next three years, Curry—on the surface—is giving up a significant amount of leverage over the front office. His hopes for a fifth championship rest on the front office taking the steps to give him a worthy supporting cast. The threat of his departure is a good reason for the front office to be diligent in that endeavor.

But Curry’s signing is a bit of a vote of confidence in the organization that they’ll continue to give him a real shot at another title. Curry has been heavily involved in the Warriors’ efforts this offseason — from personally recruiting Paul George to regularly communicating with general manager Mike Dunleavy — Curry’s signing is a vote of confidence in the efforts being made.

It’s also a risk-limiting move. Curry is locking up the lucrative money now rather than waiting until next summer. After perhaps the best moment of his career, dominating the knockout rounds of the Paris Olympics, he’s certainly worth every penny the Warriors can pay him. But he’ll be 37 at the end of this season. He won’t have a superstar next to him to share the offensive load. And the Warriors aren’t viewed objectively as title contenders. Who knows if he’ll have the same market power come July 2025. — Marcus Thompson II, senior columnist for the Bay Area