Signing all of Draymond Green, Andrew Wiggins, Jordan Poole, and Klay Thompson to lucrative contract extensions that lock them up long-term probably isn’t financially viable for the Warriors, according to Anthony Slater and Marcus Thompson II of The Athletic.
As Slater and Thompson outline, extending Green, Wiggins, and Poole to deals that are worth a combined $90MM or so in 2023/24 would result in that season’s roster costing a projected $550MM+ when accounting for team salary and luxury tax penalties. Joe Lacob and Warriors ownership spent a record $362MM on the roster this past season, but Lacob has suggested that even $400MM+ may be too step a price for the organization to stomach, per The Athletic’s duo.
Removing even one of those three hypothetical extensions (worth approximately $27-30MM) from the Warriors’ books for 2023/24 would result in the projected cost of the roster decreasing by more than $200MM, due primarily to the tax savings, according to Slater and Thompson.
In other words, unless they can negotiate some very team-friendly deals, the Warriors may soon face a major decision on which one of their core players they’re most comfortable moving on from.
Here’s more from Slater and Thompson:
- Draymond Green believes he has earned a four-year, maximum extension from the Warriors, sources tell The Athletic. Such a deal would begin in 2023/24 and would be worth about $138.7MM. However, there are no indications that Golden State plans to put that offer on the table for Green this offseason, even though he can reach unrestricted free agency next year if he turns down his ’23/24 player option.
- Green wants to remain with the Warriors, but his contract situation will be worth keeping an eye on, according to Slater and Thompson, who suggest the former Defensive Player of the Year could be willing to explore other options to get the kind of contract he wants. Sources also tell The Athletic that Stephen Curry wouldn’t be happy if the club lost Green for financial reasons.
- Andrew Wiggins may be the best candidate on the Warriors’ roster to sign an extension this offseason, but the club would want any deal to start well below Wiggins’ maximum, per Slater and Thompson. The duo believes Golden State would be interested in a contract starting in the $27MM range. Wiggins will earn $33.6MM in 2022/23 and is coming off his best season as a pro, so he’ll likely be seeking more than that.
- New deals for Anfernee Simons (four years, $100MM) and Jalen Brunson (four years, $104MM) figure to be reference points for Jordan Poole and the Warriors as they explore an extension, Slater and Thompson observe.
- Klay Thompson still has two guaranteed years left on his contract, so he’s probably the least likely of these four Warriors to sign an extension this year, according to Slater and Thompson, who say there’s no sense that Thompson is “clamoring” for a new deal.