Stephen Curry, Warriors Agree to 1-Year, $62.6M Contract Extension Through 2026-27

Amid some notable offseason movement for the organization, the Golden State Warriors made sure to take care of their best player.

Per ESPN's Adrian Wojnarowski, Stephen Curry's agent, Jeff Austin, confirmed the two-time NBA MVP has agreed to an one-year, $62.6 million extension that will tie him to the Warriors through the 2026-27 season.

Curry had two years remaining on the four-year, $215.4 million contract he signed in August 2021. He was only eligible to sign a one-year extension this offseason due to the NBA's over-38 rule.

The current collective bargaining agreement prevents teams from offering contracts that last four or more years to players who are 38 years old or will turn 38 during the life of the contract to keep clubs from circumventing the salary cap.

Curry's age-38 season will come in 2026-27. He actually turns 38 on March 14, 2026, but it will be classified as his age-37 season since his birthday occurs near the end of the regular season.

The Warriors' offseason began by losing franchise icon Klay Thompson to the Dallas Mavericks in free agency and waiving Chris Paul instead of guaranteeing him $30 million for the 2024-25 season.

Jonathan Kuminga remains eligible for an extension worth up to $215 million over five years.

General manager Mike Dunleavy Jr. has done a good job of supplementing the roster in the wake of the Thompson and Paul departures. He brought in Kyle Anderson, De'Anthony Melton and Buddy Hield.

All of those players have question marks, but the Warriors have playoff upside if at least two of them hit.

Locking Curry in for an additional year that comes closer to ensuring he will spend his entire career with the Warriors was an easy call.

As the Warriors tried to find a good nucleus around him last season, Curry continued to play at a high level. He averaged 26.4 points on 40.8 percent three-point shooting, 5.1 assists and 4.5 rebounds per game in 74 starts.

Curry was named to the All-NBA team and All-Star team for the 10th time. He was rewarded with the 2023-24 Clutch Player of the Year award for ranking first in points (189), field goals made (59) and three-pointers made (32) in clutch time during the regular season.

The Warriors missed the playoffs with a 46-36 record last season. They made the play-in tournament as the No. 10 seed, but lost to the Sacramento Kings in the 9-10 game. It was their first time missing the postseason since the 2020-21 season.