10:12pm: The Rockets, Spurs and Kings have also made multi-year offers to Iguodala, according to Haynes (Twitter link).
9:49pm: Iguodala received a three-year, $45MM offer from Golden State that he is now considering, tweets Chris Haynes of ESPN.com. There are no options in the deal.
4:03pm: The Warriors are set to sit down with Andre Iguodala in Los Angeles after he canceled his remaining free agent meetings with other suitors, reports Marcus Thompson II of The Bay Area News Group. According to Thompson, Golden State intends to offer a three-year contract in the range of $13-15MM annually.
As we noted earlier today, after meeting with the Spurs, Kings, and Rockets, Iguodala canceled the rest of his meetings, suggesting he might be nearing a decision. The Rockets reportedly made an offer to the veteran swingman during their meeting earlier today, but the Warriors have long been considered the frontrunners and it appears they’ll put a very respectable offer on the table.
If Iguodala ends up re-signing with the Warriors, Golden State will end up making major commitments to Stephen Curry, Kevin Durant, Shaun Livingston, and Iguodala, their top four free agents of the summer. That would take the team well into tax territory for the 2017/18 season.
It’s also worth noting that a third year for Iguodala would represent a major concession for the Warriors, assuming it’s guaranteed. The team reportedly preferred to limit most of its deals this offseason to two years, since a new contract for Klay Thompson would go into effect for the 2019/20 season.
It does appear that third year is partially or fully guaranteed. Sam Amick of USA Today tweets that Golden State’s original offer was in the $12-14MM range, with a partial guarantee in year three.
Appears the 3rd Year is partially or fully Guaranteed. No sh** Sherlock
I thought that was dumb at first too but could be non-guaranteed and actually paying him for a third year is sort of what the article is about after all.
Contracts can contain non guaranteed years or buyout clauses if exercised in certain time frames. So that’s what he’s saying. One of the hang ups for Iggy was that 3rd year. WO/ seeing the actual language, Luke is correctly hypothesizing.
The Warriors are gonna be in the luxury tax for sure I bet
They should keep the team together no matter the price …. three finals in a row with two championships…. why not keep going
They would be smart to cash out as long as they’re on top.
They won’t really see the consequences of these deals until Klay and Draymond need new deals. At that point, they’d have to weigh the pros/cons of giving out 4 max contracts or letting one of those two (likely Klay) walk if neither are willing to take way below the max.
By third year the cap will be higher and teams will want expiring deals to get ready to sign max deals. Of course I want them to keep the gang together but this deal makes me nervous. Iggy needs to rest all offseason and shoot 10000000 threes
I thought it was gonna hold steady or go down after the 17-18 season.
The cap might not rise as much as some anticipate. Thats the effect of the large jump in cap last offseason. It was essentially a gradual increase in the cap limit or one large cap jump, followed by relatively small increases or a straight flat cap for a couple of seasons.
I hope Iggy stays, so GSW can go for a 3-peat until Klay is up in a couple more years.
Happy to see Iggy resign with GSW.