Any fears that Stephen Curry was looking to leave the Golden State Warriors seem to have been allayed by news of a one-year, $62.6 million extension (H/T Adrian Wojnarowsk i of ESPN), keeping him under contract through the 2026-27 season. Curry recently removed the Warriors from his Instagram bio and seemed to be flirting with LeBron James on a joint post.
While a trade to the Los Angeles Lakers was technically possible , it certainly seemed far-fetched. The following FAQ addresses the impact of Curry's extension and the Warriors' short and long-term future. Is Curry extending for "just" one year a sign he's not committed long-term? No, the issue is age.
Curry is already 36 and under contract (before the extension) at $115.4 million through 2025-26. The Over-38 Rule limits players of Curry's age to three-year contracts.
His extension is technically a three-year deal (the two pre-existing plus the $62.6 million for 2026-27). This represents the longest he could sign for with the Warriors now.
Note: The Over-38 Rule allows longer deals but not in a way that allows the player to earn anything more than they would, in this case, over the three total years. For a player with over 10 years of experience, the max salary is $49.2 million for 2024-25.
Curry will earn more than that this season at $55.8 million. When a player with full Bird rights re-signs with a team, they can get up to the league or personal max (105 percent of their prior salary).
Curry has been earning for a long t.