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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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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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Pacific Notes: Warriors, Lacob, Moody, Larranaga

July 31st, 2021 at 9:55am CST by Dana Gauruder

Prior to the draft, the Warriors’ top players were reportedly urging the front office to make a major deal by using assets such the No. 7 and 14 picks in the draft. Golden State ultimately didn’t make a deal, instead drafting Jonathan Kuminga and Moses Moody.

Majority owner Joe Lacob said it’s “unlikely” will swing a big deal this offseason, Anthony Slater of The Athletic reports. The Warriors don’t want to give up an established star for another one.

“I know this isn’t popular with a lot of people. They think we ought to go get the next star,” Lacob said. “We already have the stars. And we have a payroll that’s — and I’ve said this when I was interviewed before, but nobody listened. It’s very unlikely, I’ve said that we’re not going to trade for anybody that people are expecting. Very unlikely.”

We have more from the Pacific Division:

  • In the same story, Lacob said he’s ecstatic how the draft unfolded. “We’ll probably never have two lottery picks again. If we do, we’ll have a problem,” he said. “The thing that’s most amazing to me is how it worked out. I shouldn’t say where they were on our board, but it’s hard for me not to say it. I’ll just tell you they were both clearly in our top 10. We feel like we got really fortunate on Kuminga. Then with Moody, I think it’s pretty common knowledge we were seriously considering him at seven.”
  • Warriors stars Stephen Curry and Klay Thompson attended Moody’s draft workout, Alex Didion of NBC Sports Bay Area relays. Moody also has the same representative as Draymond Green and they had conversations leading up to the draft.
  • Jay Larranaga is joining Tyronn Lue’s coaching staff with the Clippers, Chris Mannix of Sports Illustrated tweets. Larranaga has been Brad Stevens‘ top assistant with the Celtics over the past seven seasons.
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Warriors’ Stars Pushing For Beal Trade

July 22nd, 2021 at 8:37pm CST by Dana Gauruder

The Warriors’ star players are pushing management to acquire a top-level talent in pursuit of another championship, with Bradley Beal as the top target, Marcus Thompson of The Athletic reports.

The Warriors have the No. 7 and 14 picks in next week’s draft to dangle and would likely have to add more picks along with Andrew Wiggins‘ salary to make the salaries match. Golden State would prefer to keep last year’s No. 2 overall pick, James Wiseman, but it’s speculated that Washington would also want the young center as part of any package.

Of course, Beal has never indicated he wants to be traded and the Wizards have repeatedly said they’re not interested in dealing their high-scoring All-Star. In fact, Washington is hoping to sign Beal to another extension. His current one begins in 2021/22 — it’s a two-year deal worth $71.8MM with a player option in the second year.

Beal and the Wizards would need to have a change of heart quickly with the draft just a week away.

Golden State’s trio of Stephen Curry, Klay Thompson and Draymond Green has made it clear to the team’s front office it wants a player who can help the franchise make another serious run at a title.

Beal, who was chosen for Team USA but didn’t travel to Tokyo after entering health and safety protocols, is viewed as the ideal player for Golden State’s offense due to his scoring and play-making ability. That would ease the load on Curry, who edged Beal for the league scoring title this season.

Damian Lillard could also fit that mold, but multiple sources told Thompson it’s unlikely the Trail Blazers’ perennial All-Star would want to join the Warriors. Beal is preferred over Raptors star forward Pascal Siakam, another player rumored to be a potential trade target for the Warriors.

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Western Notes: Hammon, Rockets, Mobley, Giddey, Curry

July 11th, 2021 at 8:53pm CST by JD Shaw

Although she interviewed with the Trail Blazers twice and was identified as a finalist for the team’s head coaching position, Spurs assistant Becky Hammon sensed that she wasn’t the favorite to land the job.

“I knew I was second; I knew who they wanted,” said Hammon, who openly discussed multiple topics with Jabari Young of CNBC. “And I’m OK with that, because every race I’ve gotten into my entire life, I’ve been behind, and I’m OK with that. And that’s just how it is — but at the same time, I’m not ignorant to what I’m going up against.”

Instead of Hammon, Portland opted to hire Clippers assistant Chauncey Billups in the position. Billups was one of two preferred names mentioned by Blazers star Damian Lillard last month, immediately making him a strong candidate for the job.

“I’m not mad,” Hammon said. “This is the business, and it’s a very competitive business. But, at the end of the day, throw everything out the window — if you want to hire me, you’ll find a reason to hire me. And if you don’t want to hire me, you’ll find that reason, too. And that’s just that.”

There’s more from the Western Conference tonight:

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Olympic Notes: Bridges, Washington, Quickley, Stewart, Hernangomez

July 9th, 2021 at 11:33am CST by Luke Adams

Hornets forward Miles Bridges and P.J. Washington and Knicks guard Immanuel Quickley are no longer with the U.S. Select Team scrimmaging against Team USA’s Olympic roster in Las Vegas, tweets ESPN’s Brian Windhorst. The three players have been removed from the mix due to the coronavirus protocols.

A person with knowledge of the situation told Tim Reynolds of The Associated Press that one of those three players tested positive for COVID-19, while the other two were deemed close contacts and are being held out for precautionary reasons. According to Stefan Bondy of The New York Daily News (via Twitter), Quickley entered the protocols for contact tracing purposes rather than a positive test, which suggests that one of the Hornets forwards was the player who tested positive.

Here’s more on the Olympics:

  • The U.S. Select Team is down another player, according to Windhorst, who tweets that Pistons center Isaiah Stewart suffered an ankle injury during a scrimmage and left the game to receive treatment. There’s no indication at this point that Stewart’s injury is a significant one.
  • Timberwolves forward Juan Hernangomez, who had been preparing to represent Spain in the Olympics, dislocated his left shoulder during an exhibition game and will miss the Tokyo games, Reynolds writes for The Associated Press. The Wolves put out a statement indicating they’re aware of Hernangomez’s injury, but there’s no timeline yet for his recovery and return to the court.
  • Warriors guard Stephen Curry said it was a “hard decision” not to play for Team USA at the Olympics this summer, but he has “no regrets at all” about opting to skip the event, per Nick Wagoner of ESPN. “You take everything into account,” said Curry, who has won a pair of FIBA World Cup gold medals but hasn’t played in the Olympics. “I take how I’m feeling physically, mentally, what’s happening around the league, all those things. It’s not one specific reason or a part of it, but just knowing at the end of the day do I want to play or not? And the answer was no at the end of the day. And getting ready for next season (with a) relatively quick turnaround is important to me and I have a plan of how to do that and get ready for when training camp starts.”
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Warriors Rumors: Wiseman, Payroll, Oubre, Curry

June 22nd, 2021 at 4:00pm CST by Luke Adams

There’s an expectation among league personnel that the Warriors will consider shopping one or both of their lottery picks if they receive the Timberwolves’ first-round selection in tonight’s lottery, according to Jake Fischer of Bleacher Report. However, Fischer says the club has had no serious internal talks about the possibility of trading young center James Wiseman.

Appearing on The TK Show with Tim Kawakami of The Athletic, Warriors owner Joe Lacob confirmed that the Dubs aren’t looking to move Wiseman, stating that it’s “very unlikely” the club will entertain offers for the 20-year-old this offseason. While Lacob didn’t close the door entirely on the possibility, he said it would “take a lot” for Golden State to consider such a move, adding that the team would have to be blown away.

Discussing the decision to select Wiseman at No. 2 in last year’s draft over LaMelo Ball, among others, Lacob acknowledged that Ball had a great rookie season in Charlotte, but said that he remains confident Wiseman can be an “All-Star level player,” noting that nothing he saw in 2020/21 diminished that belief.

Here’s more on the Warriors:

  • In his interview with Kawakami, Lacob repeatedly mentioned the repeater tax penalties facing the Warriors going forward, stressing that it’s impractical for the team to continue increasing its payroll indefinitely. However, he didn’t rule out using Golden State’s taxpayer mid-level exception this offseason, and Fischer says there aren’t internal concerns about the club’s growing tax bill.
  • The Warriors have interest in retaining Kelly Oubre, but a sign-and-trade remains a viable possibility, according to Fischer, who reports that multiple Spurs players seem eager to add Oubre. Fischer also identifies the Mavericks as a team that may have interest in the veteran forward, citing sources who say Dallas approached the Warriors prior to the trade deadline about a deal involving Oubre and Kristaps Porzingis. It’s unclear whether the Mavs’ front office shakeup would affect their level of interest in Oubre, Fischer adds.
  • Asked by Kawakami about the possibility of a Stephen Curry extension this offseason, Lacob declined to speculate on whether a deal will get done, but stated that he expects the two-time MVP to spend the rest of his career with the Warriors, noting that both sides want that to happen.
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NBA Announces 2020/2021 All-NBA Teams

June 15th, 2021 at 8:07pm CST by Eli Cohen

The NBA has officially announced the All-NBA First, Second, and Third Teams for the 2020/21 season, with Giannis Antetokounmpo leading the way as the lone unanimous selection for the First Team.

Antetokounmpo and Nuggets‘ MVP Nikola Jokic were the two top vote-getters, combining for 998 out of a possible 1,000 points, with Warriors guard Stephen Curry following shortly behind. Clippers forward Kawhi Leonard and Mavericks guard Luka Doncic rounding out the top five.

The full All-NBA teams are listed below, with their vote totals in parentheses. Players received five points for a First Team vote, three points for a Second Team vote, and one point for a Third Team vote, so Giannis scored a perfect 500 — First Team nods from all 100 voters.

All-NBA First Team

All-NBA Second Team

All-NBA Third Team

Among the players who just missed the cut were Celtics forward Jayson Tatum (69), Wizards guard Russell Westbrook (44), Nets guard James Harden (41), Pelicans forward Zion Williamson (37) and Heat center Bam Adebayo (32). A total of 12 other players received votes. The full results can be found here.

Today’s announcement has major financial implications across the league. Tatum, who received more votes than Kyrie Irving but still fell 20 votes short of a final forward spot, will lose out on a projected $32.6MM on his rookie scale extension, as his next deal will start at 25% of the cap instead of the 30% he would have received if he’d been named to an All-NBA team. Likewise, Jazz guard Donovan Mitchell, Kings guard De’Aaron Fox and Adebayo will all receive starting salaries worth 25% of the cap on their respective extensions as a result of missing out on All-NBA honors.

Doncic, having been named to his second consecutive All-NBA First Team, will be eligible for a 30% extension that would be worth a projected $201MM+ and is almost certain to be offered this summer. Doncic has previously made clear his intentions to sign the extension when offered. It will go into effect for the 2022/23 season.

Embiid is now eligible for a super-max contract extension, which would run for four years, starting in 2023/24, and would be worth a projected $191MM, according to ESPN’s Bobby Marks. It’s unclear whether the Sixers will immediately put this extension on the table this offseason.

Bradley Beal‘s deal will not change with his first career All-NBA selection, as he is already eligible for a 35% contract extension on his next deal. Jokic, having been named MVP previously this week, also sees no change in his possible future super-max extension, which will be worth approximately $241MM.

Hoops Rumors readers accurately picked 12 of this season’s 15 All-NBA players in our poll. Devin Booker, Adebayo, and Tatum were your picks who didn’t make the official list.

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Nikola Jokic Wins Most Valuable Player Award

June 8th, 2021 at 6:45pm CST by Dana Gauruder

6:45pm: Jokic was the runaway winner, per an official press release from the NBA.

[RELATED: MVP Makes Jokic Eligible For Super-Max In 2022]

Jokic received 91 of 100 first-place votes and racked up 971 points. Embiid finished second despite receiving just one first-place vote; he had 586 points, aided by 62 second-place votes; Curry finished third with five first-place votes and 453 points.

Giannis Antetokounmpo and Chris Paul rounded out the top five finishers, while 10 other players received at least one vote. The only real surprise among that group was Derrick Rose, who, oddly, received a first-place vote.

4:39pm: Nuggets center Nikola Jokic has won the league’s Most Valuable Player award, Shams Charania of The Athletic tweets.

Jokic averaged a career-high 26.4 points, 10.8 rebounds and 8.3 assists per game this season. In an era in which players are regularly given nights off for rest, Jokic showed his toughness and durability by appearing in all 72 regular-season games.

As the 41st selection in the 2014 draft, Jokic is by far the lowest draft pick to ever earn the honor. He’s also the first Nuggets player to win the award.

Sixers center Joel Embiid and Warriors guard Stephen Curry were the other finalists for the award.

Embiid averaged 28.5 PPG and 1o.6 RPG but only appeared in 51 regular-season games, mainly due to a knee injury. Curry led the NBA in scoring at 32.0 PPG along with 5.8 APG while playing 63 games.

Photo courtesy of USA Today Sport Images.

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Daryl Morey, Sixers Fined For Tampering Violation

June 8th, 2021 at 8:06am CST by Luke Adams

Sixers president of basketball operations Daryl Morey received a $75K fine on Monday evening for violating the NBA’s anti-tampering rules, the league announced in a press release. The 76ers were also hit with a separate $75K fine for the violation.

The NBA explained in its statement that the penalty was a response to a social media post Morey made on June 3 regarding Warriors star Stephen Curry.

Morey, on Twitter, shared a screenshot of an Instagram post in which Curry praised his brother, Sixers sharpshooter Seth Curry, following Seth’s 30-point outburst in Game 5 of the 76ers’ first-round series vs. Washington. Morey added the caption, “Join ’em,” which was widely interpreted as a call for this season’s scoring champ to join his younger brother in Philadelphia.

Morey later responded to his tweet with the following clarification: “My goodness folks I am talking about the fact that we are all thrilled @sdotcurry is here with the @sixers — nothing else.” However, that wasn’t enough to dissuade the NBA from fining both the Sixers and their head of basketball operations.

This is the second time this season that Morey has been fined for a violation of the NBA’s anti-tampering rules. He was also hit with a $50K penalty in December for a tweet about James Harden.

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