With the Nuggets opposed to facilitating a sign-and-trade for Iguodala, the Warriors appear to be signing the free agent swingman using cap room. The team will clear a huge chunk of salary from their books by sending Andris Biedrins and Richard Jefferson, and Brandon Rush to the Jazz, which should be enough to clear the space necessary for Iguodala.
Iguodala had been pursued by the Kings and Nuggets, among other teams, before agreeing to terms with the Warriors. According to Wojnarowski (via Twitter), Denver made Iguodala a four-year, $52MM offer, and also proposed five-year scenarios, but the 29-year-old opted for Golden State instead. Earlier this week, the Kings made Iguodala a four-year offer reported to be in the $52-56MM range, but withdrew it before he made his decision.
Even after agreeing to sign Iguodala, the Warriors haven't dropped out of the race for Dwight Howard. A sign-and-trade is still a viable option if Howard wants to come to Golden State and the Lakers are willing to negotiate, particularly since the Warriors may be more open to moving Klay Thompson and/or Harrison Barnes once they lock up Iguodala.