Breaking News: Warriors, Curry Reach 1-Year, $62.6M Extension

Show him the money. It has been a world-wind summer for the best shooter the NBA has ever seen. In the course of some game-changing offseason movement for the franchise, the Golden State Warriors made sure to give the bag to their best player.

According to ESPN’s senior NBA insider Adrian Wojnarowski, Stephen Curry’s agent, Jeff Austin of Octagon, confirmed the two-time NBA MVP has agreed to a one-year, $62.6 million extension that will connect him to the Warriors through the 2026-27 season.

Curry had two years left on the four-year, $215.4 million contract he inked in August 2021. He was only eligible to sign a one-year extension this offseason because of the NBA’s over-38 rule. The extension will be signed Thursday, Austin informed Wojnarowski.

Curry is now guaranteed a cool $178 million over the next three years of his Warriors deal, and he will become only the third NBA player, along with his Olympic teammates LeBron James and Kevin Durant, to exceed the $500 million mark in career earnings.

“I’ve always said I want to be a Warrior for life,” Curry told Andscape in July. “At this stage in my career, I feel like that’s possible.”

The current collective bargaining agreement prevents teams from offering contracts that last four or more years to players who are 38 years old or will turn 38 during the life of the contract to keep organizations from finding a loophole and sidestepping the salary cap.

Curry’s age-38 season will occur in the 2026-27 campaign. He actually turns 38 on March 14, 2026, but it will be classified as his age-37 season since his birthday falls near the conclusion of the 82-game marathon known as the regular season.

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The Warriors’ topsy-turvy offseason began by losing franchise icon and Curry’s fellow ‘Splash Brother’ Klay Thompson to the Dallas Mavericks in free agency and waiving the ‘Point God’ Chris Paul instead of guaranteeing him $30 million for the 2024-25 season.

Jonathan Kuminga, who showed some significant growth in his game, remains eligible for an extension worth up to $215 million over five years.

General manager Mike Dunleavy Jr. has done a masterful job of supplementing the roster in the aftermath of the Thompson and Paul departures. He brought in Kyle Anderson, De’Anthony Melton and Buddy Hield. All of those players have some noticeable flaws and question marks, but the Warriors have playoff expectations if at least two of them play up to their potential.

Locking Curry in for an additional year leaves almost no he will spend his entire career with the Warriors was a no brainer.

As the Warriors attempted to find a good nucleus around him last season, Curry continued to play at a high level. He averaged 26.4 points on 40.8 percent three-point shooting, 5.1 assists and 4.5 rebounds per game in 74 starts.

Curry was named to the All-NBA team and All-Star team for the 10th time. He took home the 2023-24 Clutch Player of the Year award for ranking first in points (189), field goals made (59) and three-pointers made (32) in clutch time during the regular season, which is the last five minutes of the fourth quarter. Curry is a two-time MVP, a one-time Finals MVP and an Olympic gold medalist who has helped the Warriors win four NBA championships.

The Warriors missed the playoffs with a 46-36 record last season. They made the play-in tournament as the No. 10 seed, but lost to the Sacramento Kings in the 9-10 game. It was their first time missing the postseason since the 2020-21 season.

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