Stephen Curry agrees to two-year, $116 million extension with Warriors
Golden State Warriors guard Stephen Curry agreed to a two-year, $116 million extension running through 2028-29, taking a $20 million discount below his maximum eligibility to preserve team salary-cap space.
Contract terms and financial structure
The Golden State Warriors agreed to a two-year, $116 million contract extension with guard Stephen Curry on Friday night. The agreement includes a player option for the 2028-29 season, which would mark Curry's 20th NBA campaign with the franchise if exercised. Curry was eligible to sign a two-year maximum extension worth $136.7 million in August, but he agreed to take approximately $20 million less to provide Golden State with additional salary-cap flexibility for the next offseason. The new deal begins in the 2027-28 season, following the conclusion of his current $62.6 million contract signed in August 2024 for the 2026-27 campaign.
- Curry maximum eligibility
- 136.7 $M
- Curry agreed extension
- 116 $M
- Curry 2026-27 season salary
- 62.6 $M
- Green one-year extension
- 28 $M
Collective bargaining constraints and veteran rules
The structure of the extension aligns with the NBA collective bargaining agreement's over-38 rule, which restricts teams from offering more than two-year extensions to players who turn 38 during the contract term. Curry, who is 38 years old, becomes the latest veteran to sign a two-year deal under this framework, following agreements by Kevin Durant in the 2025 offseason, James Harden in Cleveland, and Kawhi Leonard. These contracts feature player options in the final year, giving franchises and players options to adjust term length or annual salary if on-court roles change as players approach age 40.
Franchise core and roster stability
The extension preserves Golden State's core leadership following a 37-45 season, which was the franchise's lowest win total in a non-shortened regular season since 2010-11. Despite missing time due to a lingering knee injury, Curry appeared in 43 games last season, averaging 26.6 points, 4.7 assists, and 3.6 rebounds while shooting 46.8% from the field, 39.3% from 3-point range, and 92.3% from the free-throw line. Curry has spent his entire career in Golden State since being selected seventh overall in the 2009 draft, winning four NBA championships, two regular-season MVP awards, one Finals MVP award, and two scoring titles. Golden State management also signed head coach Steve Kerr to a two-year contract extension in May and re-signed 36-year-old forward Draymond Green to a one-year, $28 million deal during the summer after an unsuccessful pursuit of LeBron James.
- Curry is drafted seventh overall by Golden State from Davidson
- Steve Kerr is appointed head coach of the Warriors
- Golden State wins its fourth NBA championship with Curry and Kerr
- Curry signs a contract extension for the 2026-27 season
- Steve Kerr signs a two-year extension with the franchise
- Curry agrees to a two-year, $116 million extension through 2028-29
Preparation and career benchmarks
Curry holds NBA career records with 4,248 three-pointers made and 10,073 attempted, as well as a league-record.912 career free-throw percentage, alongside career averages of 24.8 points, 4.0 made three-pointers, and 9.4 attempts per game. Golden State general manager Mike Dunleavy expressed optimism in August about finalizing the agreement before training camp opened. Addressing his physical condition and contract discussions on Wednesday, Curry explained that he wanted no drama entering camp.
The idea of getting back to work is exciting. I feel like I've taken advantage of the offseason. I feel like there's no hesitation about where I'm at physically going in.... But I'm excited about getting back to work.
Golden State begins its official preseason training camp on Tuesday. The Warriors will open the 2026-27 NBA regular season in late October, marking Curry's 18th season with the franchise.
