By Shams Charania, Marcus Thompson II and Mark Puleo
The end of Steph Curry’s contract with the Golden State Warriors got farther away Thursday, as the star guard agreed to a one-year extension worth $62.6 million to keep him with the team he’s won four titles with through the 2026-27 season, a league source confirmed.
With the new extension, Curry has $178 million left on his contract, according to data from Spotrac.
The two-time MVP will turn 37 on March 14 but has maintained his All-NBA level production, averaging 26.4 points last season in 74 games and shooting above 40 percent from 3 for the 13th season.
Golden State, however, finished 46-36 and was knocked out in the Play-In Tournament, failing to make the playoffs for the third time in the past five seasons.
In 2024-25, Curry will play his first season without backcourt mate Klay Thompson on the roster since the pair were joined in 2011-12. Along with championship teammates Draymond Green, Andrew Wiggins, Kevon Looney, Gary Payton II, Jonathan Kuminga and Moses Moody, the Warriors revamped the roster around Curry and it will include newcomers Buddy Hield and Kyle Anderson.
Curry also enters 2024-25 coming off his first Olympic gold medal, as the 10-time All-Star helped lead Team USA to the championship behind his trademark clutch shooting.
Curry’s name is littered all over the Warriors franchise record book, leading the team in career games played, points, assists, steals and, of course, 3-pointers.
Why Curry agreed to extension now
In some ways, this is a bit of a surprise from Curry. By signing an extension and locking himself in for the next three years, Curry — on the surface — gives up a key piece of leverage with the front office. His hopes for a fifth championship rest on the front office making the moves to give him a worthy supporting cast. The threat of his departure is a worthy reason for the front office to be diligent in that pursuit.
But Curry signing on is a bit of a vote of confidence in the organization that it will continue pushing to give him a real shot at one more title. Involved closely in the Warriors’ efforts this offseason — from personally recruiting Paul George to regular dialogue with general manager Mike Dunleavy — Curry’s signing is a vote of confidence in the efforts made.
It’s also a risk-mitigating move. Curry locks in the lucrative money now instead of waiting until next summer. Coming off arguably the greatest moment of his career, dominating in the knockout rounds of the Olympics in Paris, he’s certainly worth every penny the Warriors can pay him. But he’ll be 37 at the end of this season. He won’t have a superstar next to him to share the offensive load. And the Warriors aren’t by any objective measure considered title contenders. Who knows if he’ll have this same market command in July 2025. — Marcus Thompson II, senior Bay area columnist
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(Photo: Ronald Martinez / Getty Images)