AUGUST 1: The Warriors have issued a press release officially announcing their new deal with McGee.
JULY 27: The Warriors have reached an agreement with JaVale McGee to bring the center back to Golden State, Chris Haynes of ESPN.com reports. The deal will be for one season, though the salary details have not yet trickled out.
Retaining McGee will likely be the franchise’s last significant move after it was able to bring back nearly every piece of its latest championship team. Golden State now has 15 players with guaranteed deals on the books.
McGee excelled as a role player for the Warriors last season, shooting a career-best 65.2% from the field and sporting an electric 25.2 player efficiency rating. In addition to Golden State, the center spent time in Denver, Philadelphia, and Dallas since being selected by Washington with the No. 18 overall pick in the 2008 draft.
While McGee could earn up to 120% of the minimum salary via his Non-Bird rights, another minimum deal appears likely. It won’t come cheap for the Warriors, who are deep into tax territory and will pay at least $2.50 per dollar in tax penalties on McGee’s new deal.