Klay Thompson

Warriors Projected To Spend $1.1 Billion On Salary, Taxes Over Next Five Seasons

The Warriors have built a dynasty, but if they plan on keeping this team together, it’ll come at a great cost, ESPN’s Bobby Marks writes.

The franchise is projected to spend over $1.1MM billion on salary and taxes through the 2020/21 campaign, a figure that includes $168MM in salary and taxes this season. One league executive told Marks that “finances are the only thing that will break up this Warriors team.”

The financial dominos begin this summer with Kevin Durant, who will yet again be a free agent if he turns down his player option as expected.

Marks breaks down Durant’s three main options as opting in ($26.3, one-year deal), opting out and signing another one-year deal (one-year, $30MM with another player option for year two), or opting out and signing a four-year pact for the max ($158MM with a starting salary of $35.4MM).

Golden State won’t have the ability to sign Durant to a five-year deal because the franchise only owns his Early Bird Rights. If he takes either of the one-year options, he’ll be eligible for a five-year deal in the 2019 offseason.

[RELATED: Hoops Rumors Glossary: Early Bird Rights]

Durant took a discount to re-sign with the team this past offseason, though Marks believes it’s unlikely that he’ll take the same route again since the Warriors won’t be able to use the savings to add additional pieces.

Durant won’t get a Designated Veteran Extension. Every team is only permitted to sign two players to those super-max contracts and Golden State already locked up Curry through the 2021/22 season with one. Durant won’t be eligible for one of these deals since he came to the team as a free agent, which means the Warriors will have to decide whether to give their second DVE to Draymond Green or Klay Thompson.

Assuming Golden State saves the contract for Green and Thompson signs a traditional max deal, the Warriors could be facing a record-high $225MM in tax penalties for the 2019/20 season. That figure also assumes that Golden State brings back Patrick McCaw on a modest deal (Marks estimates $6MM salary in 2019/20).

As Marks notes, the league requires the payment in full – with no installment plan – for luxury tax charges, meaning Golden State’s ownership would have to send the full $225MM to the NBA in the late spring of 2020.

Golden State could shed salary by waiving Shaun Livingston, whose 2019/20 salary only contains $2MM in guarantees, and declining Damian Jones‘ fourth-year option, which is worth $2.3MM.

The Warriors are in a position unlike any other in NBA history both on the court and off of it. They’re the favorites to win the champion this season and it’s easy to envision them maintaining the Larry O’Brien trophy throughout the entire Donald Trump administration.

The costs of keeping the team together will be staggering, though it’s a problem opposing franchises would gladly accept if given the opportunity.

“There are 29 owners that would take this Warriors roster even if the cost was $495 million in luxury tax penalties,” a league executive told Marks.

Pacific Notes: Ball, Thompson, Bogdanovic, Len

Lonzo Ball sprained his left ankle last Monday during a preseason contest against the Nuggets and the Lakers think their first-rounder may sit out the remainder of the preseason, Ohm Youngmisuk of ESPN writes. Ball, 19, also sat out a portion of the Summer League a few months ago due to a calf strain.

Lakers head coach Luke Walton did not rule out Ball missing the season opener if his balky ankle does not improve. Walton said that Ball does not feel pain running straight but side-to-side movements are causing the UCLA product discomfort. Ball tried practicing on Sunday but he could not do it pain-free, Walton said.

“If he is not ready, he won’t [play],” Walton said. “Again, it is day to day so I assume he will be back by then. If he’s not ready to play basketball and really cut and move and do everything that you need that ankle you need it to do for you, we are not going to play him.”

Check out other tidbits of news out the Pacific Division:

And-Ones: Pay Cuts, Rookies, Returning Rights

The idea of an NBA player taking a pay cut in order to help a franchise save funds for other players is a noble one but it doesn’t always work out for the individuals who sign at a discount, Steve Kyler or Basketball Insiders writes.

Most recently, Warriors shooting guard Klay Thompson was asked if he would consider taking less pay when he hits free agency in the summer of 2019, like his teammate Kevin Durant did this summer.

I probably could, yeah. That much? I don’t know. I don’t make as much as Kevin off the court,” Thompson told The Athletic. “If it’s a few million… It’s a blessing whatever contract I sign. I would definitely consider it cause I don’t want to lose anybody.”

Kyler discusses several cases of players who took pay cuts to play for a winner only to see that shot at a title quickly fade. Back in 2015, David West left eight digits on the table in order to chase a ring with the Spurs but ultimately came up short. The following summer he had to sign on with the Warriors instead, in order to take home a championship.

Jameer Nelson is another striking example of what can go wrong for a player. Nelson was bought out by the Magic in the summer of 2014 and turned around to sign at a discount with the Mavs. Dallas, however, shipped the veteran guard off less than two months into the 2014/15 campaign in the deal that landed them Rajon Rondo.

Of course there are success stories and Kyler references both Dirk Nowitzki and Dwyane Wade taking pay cuts to appease franchises that have supported them over the course of their careers. Tim Duncan is another example of a superstar that happily left money on the table in order to preserve the Spurs‘ financial flexibility.

There’s more from around the NBA:

  • While it’s only natural to get excited about the potential of the point guards at the top of the 2017 NBA Draft, don’t expect them to steamroll their way through the league right away. Kevin Pelton of ESPN (Insider) took a deep dive into the statistical projections of players like Lonzo Ball, Markelle Fultz and Dennis Smith Jr. only to conclude that genuinely performing as a Top 100 player in the NBA is exceedingly difficult for a first-year guard.
  • The NBA’s age limit has been a common talking point ever since it was implemented last decade but change could be inevitable, Steve Kyler of Basketball Insiders writes. The scribe writes that the prohibition of traditional high school seniors in the NBA draft isn’t about skill but rather about maturity. He also highlights the fact that many of the eligibility rules related to the NCAA-to-NBA pipeline come from the NCAA and not from the big league, itself.
  • Ever wonder what G League writers like Chris Reichert of 2 Ways, 10 Days are talking about when they refer to players’ returning rights? Consider the following an introduction to the contract mechanism and a crash course in who the most valuable players to whom returning rights apply currently are.

Warriors Notes: Thompson, DVEs, Curry, Crawford

Klay Thompson was recently asked on The Athletic’s podcast about whether he’d be willing to accept any sort of discount to remain with the Warriors on his next contract, and the veteran sharpshooter suggested he’d be open to it. As Tim Kawakami of The Athletic notes, it’s not a surprise that Thompson would be willing to entertain a somewhat team-friendly deal, since he’s not inclined to be the player who blows up a potential Warriors dynasty.

Thompson’s free agency is still two years away, so it’s not like a decision is required of him right away, but for their part, the Warriors are appreciative of his sentiment, says Mark Medina of The San Jose Mercury News.

“Our guys know how special this era is. I think that’s the main thing Klay is trying to express,” head coach Steve Kerr said. “This is a pretty special era. We know this isn’t going to last for a long time. We’d like to be part of it and also know how special it is to be a part of it. That means more than money. That doesn’t mean you’re going to give up everything. But you do what you can to make a living and make the best living you can and best life that you can. Whatever balance that is, that’s what guys are going to do.”

Here’s more from out of the Bay Area:

  • Danny Leroux of The Athletic explains how the Designated Veteran Extension rule – which gives players an early shot at the full 35% max – could have an impact on Thompson and Draymond Green. Teams are limited to two DVEs on their roster, and Stephen Curry already has one of the two for Golden State. Still, Kevin Durant won’t require a DVE because he already has 10 years worth of NBA experience, and I’d be surprised if both Thompson and Green prove worthy of that significant an offer down the road. I wouldn’t expect it to become an issue for the Dubs.
  • As the Warriors prepared for the offseason in the spring, owner Joe Lacob was considering offering Curry a contract worth less than the max in free agency, writes Marcus Thompson II of The Athletic. GM Bob Myers kept Lacob from bringing that reduced offer to the negotiating table, according to Thompson, and Curry ultimately ended up with a five-year max deal.
  • Speaking on Wednesday to reporters, including Anthony Slater of The Athletic (Twitter link), Jamal Crawford confirmed that he received some early interest from the Warriors when he reached the free agent market this offseason. However, it didn’t go anywhere.

Western Notes: Paul, Thompson, Mitchell, Oliver

Clippers owner Steve Ballmer had a feeling last spring that Chris Paul wanted to move on, he told Broderick Turner of the Los Angeles Times in a Q&A session. Ballmer’s feelings were confirmed shortly after the season but he didn’t get a final decision from Paul until a phone conversation while Ballmer was vacationing in the Greek Isles. Ballmer has stayed in touch with Paul since he was traded to the Rockets but doesn’t believe the team is necessarily worse off without the All-Star point guard, he told Turner. “Chris is an awesome player. But we’re such a different team,” he said. “We are younger. We are more athletic than we were. We are longer than we were. … But we’re different and we’ll see whether we’re different good or not.”

In other news around the Western Conference:

  • Klay Thompson said he’s willing to give the Warriors a discount when his contract expires after the 2018/19 season, he told Marcus Thompson and Tim Kawakami of The Athletic in a podcast that was relayed by NBCSports.com’s Kurt Helin. Thompson hedged when asked if he’d take a $9MM cut, as Kevin Durant did this summer, but asserted that he’s willing to make a sacrifice to keep the core group together. “I would definitely consider it cause I don’t want to lose anybody,” Thompson said of a potential team discount.
  • First-round selection Donovan Mitchell has impressed Jazz coach Quin Snyder with his defensive tenacity, Mike Sorensen of the Deseret News writes. The No. 13 overall pick enjoys playing defense, as he told Sorensen, and his head coach has noticed. “Donovan’s defense — if you’re on the wing and trying to get open, you better be ready, because he’s going to make it hard for you to catch the ball,” he said. The shooting guard will battle Alec Burks and Rodney Hood for playing time.
  • Rockets rookie forward Cameron Oliver underwent surgery to repair a fractured right hand, the team tweets. Oliver, who went undrafted out of Nevada, will be re-evaluated in approximately 4-6 weeks, the team adds. Oliver signed a two-year minimum contract that includes a $300K guarantee.

Pacific Notes: Beverley, Len, Thompson

After years counterbalancing James Harden‘s offensive presence in Houston, Patrick Beverley will step into a larger role as Chris Paul‘s replacement with the Clippers, James Blancarte of Basketball Insiders writes.

Not only has the veteran guard embraced the trade to the Clippers, he asked for the change of scenery. Now the 29-year-old will get a chance to showcase what he’s capable of above and beyond his reputation as a tenacious perimeter defender.

While Beverley will have big shoes to fill even on the defensive side of the ball – Paul was the only player that ranked higher than him in defensive real plus minus – he brings leadership qualities that should help the Clippers franchise in the midst of a critical transition.

There’s more from the Pacific Division:

Warriors Notes: Thompson, McCaw, Irving Impact

As we noted earlier this week when we passed along word of the Cavaliers’ inquiry on Klay Thompson, the Warriors shooting guard called the interest in him “flattering,” but reiterated that he’s happy in Golden State and hopes to spend his career with the franchise.

During that same conversation with Anthony Slater of The Athletic, Thompson was asked about his contract situation and reiterated his desire to stick with the Warriors, adding that he’s “not really too worried about the numbers” at this point. Added Thompson: “It’s rare in the NBA to have a team that can win with the culture we created. It’s hard to put a price on it.”

Here’s more on the three-time All-Star, along with a few more items out of the Bay Area:

  • The Cavaliers, Pacers, and other teams have examined the Warriors’ core and concluded that Thompson is the most available piece of Golden State’s big four, which is why he should get accustomed to trade rumors, writes Monte Poole of CSNBayArea.com. However, the Warriors have significant appreciation for the role Thompson plays in their success and are expected to keep rebuffing those inquiries.
  • Second-year swingman Patrick McCaw is the kind of young, affordable rotation player the Warriors need to rely on in order to keep team salary in check. However, McCaw only has one year on his deal, and is poised to get much more expensive in 2018. Danny Leroux of The Athletic takes an early look at the 21-year-old’s restricted free agency.
  • In the wake of this week’s Kyrie Irving blockbuster, Anthony Slater of The Athletic and Phil Taylor of The Athletic reach a similar conclusion: The mega-deal shouldn’t have a major impact on the Warriors, who still enter the 2017/18 season as strong title favorites.

Cavs Inquired On Klay Thompson Before Trading Kyrie To Celtics

The Cavaliers completed a trade with their top Eastern competitor on Tuesday and had apparently been willing to deal with another notable rival. Before they worked out an agreement with the Celtics that sent Kyrie Irving to Boston, the Cavs called the Warriors to inquire about a possible swap involving Irving and Klay Thompson, reports Marc J. Spears of The Undefeated. Spears describes Golden State as “uninterested.”

[RELATED: Celtics acquire Kyrie Irving from Cavaliers]

From a cap perspective, a Thompson/Irving deal would have made some sense, since both players have two guaranteed seasons left on their respective contracts and are earning similar salaries. However, there was little reason for the Warriors to break up the core of a roster that is coming off a championship, particularly since Thompson – an excellent shooter and defender who doesn’t need the ball much – is probably a better fit in Golden State than Irving would have been.

It’s the second time this offseason that we’ve heard about a team shopping a star and contacting the Warriors about a possible deal involving Thompson. The Pacers reportedly reached out to Golden State about a potential Paul George/Thompson swap back in June. As they did when the Cavs called about Irving, the Warriors told the Pacers they weren’t interested, which Thompson appreciates, per Anthony Slater of The Athletic.

“It’s really cool,” Thompson told Slater. “It shows the Warriors believe in me and these other teams want me to be a part of their success. So I appreciate it. I’ve been in trade rumors forever. Everyone has. Except for maybe LeBron James, Steph [Curry] — well, even Steph early in his career. It’s part of the business. It is flattering and I do appreciate it.

“When you hear the rumors, it means you’re wanted,” Thompson added. “You’re doing something right. Look at the bright side. But I’m happy I’m still with the Warriors. I hope to be here my whole career. It’s a great place to play.”

Pacers Offered Paul George To Warriors For Klay Thompson

Before the Pacers dealt Paul George to the Thunder, the team was interested in shipping George to the Warriors, offering him in a deal for Klay Thompson, Adrian Wojnarowski of ESPN.com shares on his podcast. George, who appeared on The Woj Pod, told the scribe that he was aware of the team’s offer.

“I would’ve looked forward to it, of just being in a good situation and a chance to compete for a championship. But it didn’t happen. It’s still fun to team up with a special talent and have a chance to compete against that team,” George said.

The four-time All-Star added that had a deal materialized, it would have been similar to the 2011 Chris Paul-to-the-Lakers deal that was ultimately shot down by the league.

Indiana ended up sending George to the Thunder to play alongside Russell Westbrook. The franchise received Victor Oladipo and Domantas Sabonis in the deal.

Western Notes: Warriors, Lakers, Mavs, Spurs

In the wake of the Warriors‘ Game 3 win over the Cavaliers, Cleveland may have to face the harsh reality that there will be no stopping Golden State for the next few years, writes Chris Mannix of The Vertical. As Mannix explains, there aren’t many obvious routes the Cavs can take to upgrade their roster, and the Warriors should have no trouble attracting ring-chasing veterans every year — this season, productive vets like David West and Zaza Pachulia were willing to take reduced salaries to join the Dubs.

Meanwhile, fans of rival teams may hope that the Warriors’ four core players get too expensive for the team to keep them all, but that’s unlikely to happen anytime soon. Klay Thompson has been the star most frequently cited as the potential victim of a Warriors cap crunch, and acknowledged to Mannix that he has thought about one day being the face of another franchise. However, he added: “It’s just winning is so much fun.”

Here’s more from around the Western Conference: