JULY 10: The signing is official, according to a team press release.
Golden State is able to keep an important rotation piece at a low price after opting not to guarantee the fourth year of Looney’s rookie contract. He will join Jordan Bell and Damian Jones in the Warriors’ center rotation, along with DeMarcus Cousins once he recovers from his Achilles injury.
Looney will receive $1,567,007 and Golden State will absorb a $1,512,601 cap hit, tweets ESPN’s Bobby Marks. The Warriors, who now have 12 players under contract, will own Bird rights on Looney when he becomes a free agent next year.
The Clippers, Rockets, Sixers and Hawks also showed interest in Looney, according to Mark Medina of The San Jose Mercury News (Twitter link).
Looney, 22, is coming off his most productive NBA season, averaging 4.0 points and 3.3 rebounds in 66 games.
Photo courtesy of USA Today Sports Images.