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Warriors Sign Stephen Curry To Four-Year, $215MM Extension

August 6th, 2021 at 4:23pm CST by Arthur Hill

AUGUST 6: Curry’s extension is now official, according to an announcement from the Warriors.

“We’re thrilled to have Stephen in the fold for the next five years, with the vision of him playing his entire career with our franchise,” Warriors president of basketball operations Bob Myers said in a statement. “He epitomizes everything that you’d want in the leader of your basketball team with incredible character, humility, community-minded spirit and a team-oriented approach. On the court, he’s a generational player who has changed the game and won consistently at the highest level. We’re blessed and fortunate to have him on our team, and are thankful to be part of an organization, led by Joe Lacob and Peter Guber, that is committed to winning.”

AUGUST 3: The Warriors and Curry are in agreement on the new four-year, $215MM extension that will go into effect beginning in 2022/23, agent Jeff Austin tells ESPN’s Adrian Wojnarowski (Twitter link). The star guard will become the first player in NBA history to sign two separate contracts worth more than $200MM, Woj notes.

AUGUST 2: Stephen Curry is expected to sign a $215MM extension that will keep him with the Warriors for four more seasons beyond 2021/22, according to Marc Stein of Substack.

Curry, 33, has been a cornerstone of the organization since being drafted in 2009. He won two MVP awards and led Golden State to five straight NBA Finals and three championships.

Returning from a hand injury that caused him to miss most of the 2019/20 season, Curry turned in another spectacular campaign, leading the NBA in scoring at 32.0 points per game while shooting 48.2% from the field and 42.1% from three-point range. It was the second scoring crown of his career.

Curry’s current deal runs through the end of next season, so the extension will keep him under contract through 2025/26. The Warriors will have their core in place for next few years, with Klay Thompson signed through 2023/24 and Draymond Green with two more years on his contract, plus an option for the 2023/24 season.

Curry will earn $45,780,966 in 2021/22 before his extension takes effect the following year. He’s already making more than the default maximum for a player with his years of experience, but a player’s individual maximum is always at least 5% of his previous salary. As such, he’ll get a 5% raise to $48.07MM for ’22/23, with 8% raises in the following seasons, all the way up to a staggering $59.6MM in ’25/26.

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Andre Iguodala Signs One-Year Deal With Warriors

August 6th, 2021 at 10:10am CST by Luke Adams

AUGUST 10: Igoudala’s new deal with the Warriors is now official, the team announced today in a press release.

AUGUST 6: Free agent forward Andre Iguodala has agreed to return to the Warriors, telling Jonathan Abrams of The New York Times that he’ll sign a one-year deal with Golden State. His intention is to finish his career with the franchise.

According to Anthony Slater of The Athletic (Twitter link), Iguodala – like fellow free agents Otto Porter and Nemanja Bjelica – will receive the veteran’s minimum from Golden State.

A report on Thursday indicated that Iguodala – who became a free agent after the Heat turned down his $15MM team option – had narrowed his choices down to the Warriors, Lakers, and Nets, while a follow-up report this morning from Jordan Schultz of ESPN (Twitter link) suggested the decision would likely come down to Brooklyn vs. Golden State.

In the end, the opportunity to reunite with the Warriors won out for the 37-year-old, who previously earned three titles with the team.

“Who would have thought I’d have the opportunity to go back to the place where I was able to have, whatever you want to call it, legacy years, in terms of the accomplishments, winning multiple championships, the relationships that I was able to build with some of my closest friends and teammates?” Iguodala said. “The relationship with the fans, the relationship with the Bay, the opportunity to end it here, was just something special.”

Iguodala, who routinely averaged between 15-20 points per game for the 76ers early in his NBA career, is no longer much of an offensive threat, having put up just 4.4 PPG, 3.6 RPG, and 2.3 APG on .396/.323/.585 shooting in 84 games (20.9 MPG) over the last two seasons in Miami.

However, the veteran forward remains a reliable, versatile defender and brings veteran leadership to a locker room. He told Abrams that he’s looking forward to taking on a mentor role for the Warriors’ young players.

As for how much longer Iguodala plans to spend in the league before his retirement, that decision remains up in the air, as Abrams relays.

“I think I’ve got some more time left,” Iguodala said. “Where I’m comfortable at is I can decide when I’m ready to go. I think I want to leave with just a little bit left. I don’t want to go out on one leg. I know I’ve got a few more years. It’s just my decision whether it’s one or two or three or whatever it may be. I shouldn’t even say three. One or two.”

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Alen Smailagic Signing With Serbian Team

August 6th, 2021 at 9:26am CST by Luke Adams

After being released by the Warriors earlier this week, Alen Smailagic has wasted no time securing a new deal overseas.

Serbian club KK Partizan announced in a press release on Friday that Smailagic is signing a three-year contract with the team. It’ll be a homecoming for the young forward/center, as he was born and raised in Belgrade.

Smailagic, who turns 21 later this month, spent a season with the Santa Cruz Warriors in the G League in 2018/19 before Golden State drafted him with the 39th overall pick in 2019.

Although the Dubs were said to be high on the big man’s potential, Smailagic never really took any major steps forward at the NBA level, appearing in just 29 games (7.7 MPG) and averaging 3.0 PPG and 1.5 RPG across two seasons in Golden State. He was waived before his salary for 2021/22 became guaranteed.

Technically, Smailagic isn’t set to clear NBA waivers until later today, but KK Partizan’s announcement suggests no claim is expected.

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Free Agent Rumors: Iguodala, Oubre, Williams, Smith

August 5th, 2021 at 9:47pm CST by Dana Gauruder

A reunion between the Warriors and defensive specialist Andre Iguodala could be in the works. Iguodala has narrowed his choices to his former team along with the Nets and Lakers, Shams Charania of The Athletic tweets. Iguodala, 37, played 63 regular-season games with the Heat this past season and averaged a modest 4.4 PPG in 21.3 MPG, with a majority of his field-goal attempts coming from beyond the arc. Iguodala won three rings in six seasons with the Warriors.

We have more free agent buzz:

  • Free agent forward Kelly Oubre is in discussions with the Hornets, David Aldridge of The Athletic tweets. Oubre averaged 15.4 PPG and 6.0 RPG for Golden State last season but only made 31.6% of his 3-point attempts. The Hornets are also reportedly pondering an offer sheet to Bulls free agent Lauri Markkanen — with approximately $14MM in cap room remaining, they wouldn’t be able to sign both players unless one accepted a very team-friendly rate.
  • Before Lou Williams chose to return to the Hawks, the Lakers, Warriors and Bucks showed interest in the three-time Sixth Man of the Year award, according to Michael Scotto of HoopsHype. Williams opted for a one-year, $5MM agreement with Atlanta.
  • Free agent guard Dennis Smith Jr. won’t return to the Pistons, Marc Berman of the New York Post tweets. That’s no surprise, considering Detroit drafted Cade Cunningham with the No. 1 pick and reached an agreement with Cory Joseph after declining its team option on him.
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Pacific Notes: DeRozan, Clippers, Curry, Vogel

August 5th, 2021 at 7:26pm CST by Luke Adams

About an hour before word broke on Tuesday that DeMar DeRozan had agreed to join the Bulls via sign-and-trade, Chris Haynes of Yahoo Sports reported that DeRozan intended to meet with the Clippers. So did that meeting actually happen before DeRozan reached a deal with Chicago? Haynes shared some details in the latest episode of his Posted Up with Chris Haynes podcast.

“The Clippers’ brass were on their way to DeMar’s house,” Haynes said. “Things got a little bit more interesting with the Bulls, it looked like a deal was going to get done with Chicago, and DeMar DeRozan’s agent Aaron Goodwin called the Clippers out of courtesy and was like, ‘You know what, let’s not waste anybody’s time. Out of respect to you guys, let’s cancel this meeting. (DeRozan)’s going to go elsewhere.'”

Haynes added that the Clippers were going to have to do “a ton of work” on their roster to be able to make DeRozan a competitive offer, suggesting that the veteran wing – who received an $85MM commitment from Chicago – wouldn’t have been willing to settle for the taxpayer mid-level exception ($5.9MM), which was all L.A. realistically had at its disposal.

“DeMar DeRozan was not going to any team and taking the mid-level. He wasn’t,” Haynes said. “Not the full mid-level, not the taxpayer mid-level. He wasn’t having it.”

Here are a few more updates from around the Pacific:

  • Speaking to Marcus Thompson II of The Athletic after news of his new $215MM extension with the Warriors broke, Stephen Curry said he loves the players Golden State drafted last Thursday and was happy to hear the team was pursuing veteran free agents this week, even if top targets like Patty Mills and Nicolas Batum are headed elsewhere. “I would be disappointed if there was ever a vibe that you’re complacent or that you’re not proactive and looking to always get better,” Curry said. “So if you’re telling me we’re trying to go after Batum, we’re trying to go after Patty, and things didn’t line up like that, then that’s just how the league works. But if there’s ever a situation where you don’t feel that commitment from upstairs, then we have issues. I haven’t felt that this summer.”
  • Thompson adds in the same story that the fourth year on Curry’s extension was a “minor sticking point,” given its unprecedented cap hit, but the Warriors ultimately relented. Curry, who will turn 38 during the 2025/26 season, will earn a staggering $59.6MM that year.
  • Now that the Lakers have nearly finished filling out their roster with a handful of free agent commitments, the next big question for the franchise to answer is Frank Vogel‘s status, writes Bill Oram of The Athletic. Vogel is a candidate for an extension, since he’s entering the final year of his contract as the team’s head coach.
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Warriors Sign Moses Moody To Rookie Contract

August 5th, 2021 at 4:35pm CST by JD Shaw

The Warriors have signed swingman Moses Moody to his rookie scale contract, the team announced on social media today.

Moody, 19, averaged 16.8 points and 5.8 rebounds in 33.8 minutes per contest (32 games) as a freshman at the University of Arkansas last season.

Golden State picked Moody with the No. 14 pick in this year’s draft. The Warriors also held the No. 7 pick in the draft, choosing to select G League Ignite player Jonathan Kuminga.

The Warriors dealt with numerous injuries last season and finished with a 39-33 record. Having young pieces such as Kuminga and Moody will be imperative for the future, though the team remains focused on contending with Stephen Curry, Klay Thompson,and other veterans in the present day.

Moody is set to earn $3.56MM next season and $17MM in total on his four-year rookie contract. As we previously relayed, the Warriors signed Kuminga to his rookie scale deal as well. It will pay him $5.46MM next season and $24.85MM in total.

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Sixers Re-Sign Danny Green

August 4th, 2021 at 11:25pm CST by Luke Adams

AUGUST 7: The Sixers have officially re-signed Green, the team announced today in a press release.

“Bringing Danny back was a top priority for our organization this offseason,” president of basketball operations Daryl Morey said in a statement. “He has proven to be an important leader on and off the floor, and he knows what it takes to win an NBA title as a three-time champion. We are very happy that he’ll continue to remain a crucial part of the 76ers.”

AUGUST 4: The Sixers have agreed to terms with veteran swingman Danny Green on a two-year deal that will bring him back to Philadelphia, according to his Inside The Green Room podcast co-host Harrison Sanford (Twitter link). A league source confirms the news to veteran NBA reporter Marc Stein (Twitter link).

Because the 76ers have Early Bird rights on Green, they won’t need to use their mid-level exception to complete the signing.

Agent Raymond Brothers tells ESPN’s Adrian Wojnarowski (Twitter link) that the 34-year-old’s new deal won’t include any options. However, a follow-up tweet from Sanford suggests the second year will be non-guaranteed, with a July 1, 2022 guarantee date.

According to Sanford (Twitter link), Green had discussions with the Nets, Celtics, Bucks, Bulls, and Warriors, among other teams, during free agency this week. He turned down a two-year offer from the Cavaliers, Sanford adds.

A 12-year NBA veteran who has won titles with three different teams, Green started all 69 games he played for Philadelphia in 2020/21, averaging 9.5 PPG, 3.8 RPG, and 1.3 SPG with a .412/.405/.775 shooting line in 28.0 MPG.

Green has long been a reliable three-and-D wing, having knocked down 40.1% of his career attempts from beyond the arc.

The Sixers waived George Hill this week and lost Dwight Howard to the Lakers, but have now lined up deals to bring back both Green and Furkan Korkmaz. The club also signed Andre Drummond to a minimum-salary contract on Wednesday and has agreed to a deal with forward Georges Niang.

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Warriors Sign Jonathan Kuminga To Rookie Contract

August 4th, 2021 at 9:32pm CST by Luke Adams

Seventh overall pick Jonathan Kuminga formally signed his rookie scale contract with the Warriors on Tuesday, per NBA.com’s transactions log.

Kuminga made it official with Golden State a day before making his pro debut at the California Classic Summer League in Sacramento. He scored 18 points on 7-of-14 shooting against Miami’s Summer League squad on Wednesday.

As our breakdown of this year’s rookie scale salaries shows, Kuminga – the No. 7 overall pick in last Thursday’s draft – is projected to earn $5.47MM in his rookie season, assuming he signed for the maximum allowable amount (120% of the rookie scale). His four-year deal will be worth nearly $25MM in total.

The Warriors haven’t made an official announcement yet about signing Kuminga — they’ll likely send out a press release in the coming days to announce his deal and Moses Moody‘s at the same time.

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Warriors Waive Alen Smailagic

August 4th, 2021 at 12:46pm CST by JD Shaw

AUGUST 4: The Warriors have officially waived Smailagic, the team announced today in a press release. He’ll clear waivers on Friday, assuming he goes unclaimed.

AUGUST 1: The Warriors plan to waive big man Alen Smailagic ahead of his August 6 guarantee date, according to Anthony Slater of The Athletic (Twitter link). Smailagic had two more non-guaranteed seasons left on his deal.

As Slater notes, waiving Smailagic frees up an extra roster spot for the Warriors ahead of free agency. Golden State is expected to target veterans on the open market, with former NBA Finals MVP Andre Iguodala mentioned today as a possibility.

Smailagic, 20, was the No. 39 pick in 2019. He appeared in 29 games for the team, averaging three points, 1.5 rebounds and 7.7 minutes per contest.

Teams and players can begin negotiating free-agent deals starting Monday at 6:00pm ET.

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Free Agency Roundup: Rose, Bjelica, Suns, Vanderbilt, Niang, Schroder

August 3rd, 2021 at 6:12pm CST by Eli Cohen

Derrick Rose had received interest from the Pelicans, Wizards, Bulls, and Heat before re-signing with the Knicks, write Jeff Zillgitt and Mark Medina of USA Today. The USA Today adds that Kyle Lowry signing with the Heat helped usher Rose back to the Knicks and coach Tom Thibodeau. Rose agreed to a three-year, $43MM deal on Monday.

In the same piece, Zillgitt and Medina write that five other teams considered signing Nemanja Bjelica with their mid-level exception, but Bjelica prioritized signing with the Warriors instead. Bjelica agreed to a one-year deal for the veteran’s minimum earlier today.

We have more free agency rumors:

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