Curry takes $20M discount to give Warriors flexibility

Stephen Curry agrees to a $116 million extension that leaves Golden State room to chase free agents and rebuild around him.

Sep 26, 2026

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Curry takes $20M discount to give Warriors flexibility

Stephen Curry agrees to a $116 million extension that leaves Golden State room to chase free agents and rebuild around him.

In brief

Stephen Curry agrees to a $116 million extension that leaves Golden State room to chase free agents and rebuild around him. Curry voluntarily took less money than he could have earned to give the Warriors salary cap flexibility for their next championship push. Originally reported by CBS Sports.

Curry signs $116M extension

Stephen Curry and the Golden State Warriors agreed to a two-year, $116 million extension with a player option for the 2028-29 season.

Highest-paid player in NBA history

The deal brings Curry's guaranteed career earnings to roughly $650 million, making him the highest-paid player in league history.

Built dynasty on bargain deal

Built dynasty on bargain deal

Curry won two MVPs and two championships on a four-year, $44 million rookie extension, one of the most team-friendly contracts in NBA history. That discount helped Golden State sign Kevin Durant in 2016.

Curry left $20M on table

Curry could have earned close to $137 million over two years based on his current salary. Instead, he took more than $20 million below his maximum to give the Warriors financial flexibility.

Curry prioritized team flexibility

In recent interviews, Curry said he considered the Warriors' salary cap situation during negotiations and wanted the team to have flexibility to make moves.

“I want to be on a competitive team. I want to have an opportunity to have some flexibility because we haven't had that in years past.”

Warriors lost playoff momentum

Since winning the championship in 2022, the Warriors have made the playoffs just twice in four years and haven't reached the Western Conference Finals.

Cap space for 2027 free agency

With Curry's extension settled, Golden State has around $72 million in cap space and can target star free agents in 2027, including potential options like Nikola Jokic, Anthony Davis, and Kevin Durant.

Warriors must retain own stars

Jimmy Butler, Draymond Green, and Brandin Podziemski are all free agents in 2027. The Warriors must decide which players to keep while also accounting for a potentially high draft pick.

Health is the key variable

Curry missed almost half of last season with a runner's knee. His ability to stay healthy will determine whether the Warriors can actually contend for a championship in the coming years.

2026-27 season will be telling

The Warriors are expected to compete for a Play-In berth this season. How they perform will determine their urgency to keep free agents and their attractiveness to external ones.

Curry's future now settled

With his contract extension finalized, the Warriors can focus on rebuilding the roster around their franchise cornerstone for the final years of his career.

What it means

Curry voluntarily took less money than he could have earned to give the Warriors salary cap flexibility for their next championship push.

Read the original on CBS Sports

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