Warriors Sign Andrew Wiggins To Four-Year Extension

The Warriors have signed former No. 1 overall pick Andrew Wiggins to a contract extension, according to NBA.com’s official transaction log.

After Wiggins’ surprise extension showed up in the transaction log, his agents Drew Morris and Steven Heumann of CAA Sports confirmed the deal, telling ESPN’s Adrian Wojnarowski and Kendra Andrews (Twitter link) that it’s a four-year, $109MM extension.

The deal includes a player option on year four, Wojnarowski adds (via Twitter).

Wiggins, 27, enjoyed perhaps the best year of his career in 2021/22 with the Warriors. Although he fell short of the scoring averages he posted in earlier seasons with the Timberwolves, he earned his first All-Star nod and emerged as a reliable two-way player, making a career-high 39.3% of his three-pointers and handling challenging defensive assignments on the wing.

Wiggins averaged 17.2 PPG, 4.5 RPG, and 2.2 APG in 73 games (31.9 MPG) during the regular season, then played a crucial role in the Warriors’ title run, putting up 16.5 PPG, 7.5 RPG, and 1.8 APG on .469/.333/.646 shooting in 22 playoff contests (34.9 MPG).

Having signed a five-year, maximum-salary rookie scale extension while he was still in Minnesota, Wiggins will earn $33,616,770 this season in the final year of that deal, then take a pay cut on his new extension, which will be worth just over $27MM per year. According to Anthony Slater of The Athletic (Twitter link), Wiggins’ salary will dip to about $24.3MM in the first year of his next contract, which begins in 2023/24.

Wiggins’ agreement comes on the heels of Jordan Poole striking a four-year, $123MM+ deal with the Warriors earlier today. Golden State has now made nine-figure commitments to two of its key extension-eligible rotation players in less than 24 hours, further increasing the franchise’s record-setting payroll in the coming years.

With Wiggins and Poole locked up, the future of Draymond Green looms as a major question mark for the Warriors. Although it’s still possible that he’ll remain in Golden State for years to come, Green probably can’t realistically expect to receive a long-term contract that has an average annual value matching or exceeding his $27.6MM option for 2023/24.

If Green picks up that option, the cost of the Warriors’ ’23/24 roster – taking into account both player salaries and luxury tax penalties – is projected to exceed $500MM, according to ESPN’s Bobby Marks (Twitter link).

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