Stephen Curry Agrees to Two-Year, $116 Million Extension With Warriors

Golden State Warriors superstar Stephen Curry has agreed to a two-year, $116 million contract extension that will keep him with the franchise through his 20th NBA season, according to league sources.

The agreement includes a player option for the 2028-29 season, giving Curry additional control over the final year of the deal.

Curry had several options available during the extension process, including signing a maximum contract, accepting a reduced salary or waiting until a later date before making a decision. He ultimately chose financial security while taking a modest pay cut that could give the Warriors greater flexibility to strengthen their roster.

Curry is currently playing under a $62.6 million expiring contract and became eligible for an extension on Aug. 29. Under the maximum-extension scenario, he could have received as much as $136.7 million over two years.

Instead, Curry agreed to a deal that will pay him $55.7 million during the 2027-28 season, followed by a $60.2 million player option for 2028-29. The structure is expected to give Golden State roughly $10 million in additional projected salary-cap space next summer.

That flexibility could be important as the Warriors look for ways to build a stronger championship contender around Curry.

Golden State is also expected to have significant salary flexibility next offseason. Jimmy Butler III, who is scheduled to earn $56.8 million, and Draymond Green, with a $27.6 million salary, are both entering expiring contracts. Veteran center Kristaps Porzingis has only $3 million of his $20 million salary guaranteed.

Depending on the team’s decisions involving Brandin Podziemski, the Warriors could have between approximately $38 million and $55 million in projected cap space next summer. Podziemski, who has not yet signed an extension, currently carries a $17 million cap hold for the 2027 offseason.

Curry spent nearly a month weighing his options before deciding on the extension. The four-time NBA champion said earlier this week that maintaining flexibility and giving the Warriors a chance to remain competitive were important factors in his decision.

“We’re in a very interesting situation,” Curry said. “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.”

Curry also emphasized that patience and having more information about the team’s direction were important as he considered his future.

The decision comes just days before the Warriors begin training camp. Curry had previously indicated that he wanted to avoid distractions surrounding his contract situation, and the new agreement removes uncertainty heading into the season.

Curry, who turns 39 during the upcoming season, missed 39 games last season because of a persistent right knee issue. However, he said he feels healthy and is eager to return to the court.

“The idea of getting back to work is exciting,” Curry said. “I feel like I’ve taken advantage of the offseason. I feel like there’s no hesitation about where I’m at physically going in.”

The new extension will also push Curry’s career on-court earnings to approximately $652 million. That makes him the first player in NBA history to surpass $600 million in career salary.

The agreement ensures that Curry will remain with the only NBA franchise he has ever played for while giving the Warriors additional financial flexibility as they continue pursuing another championship.