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Stephen Curry Signs Two-Year, $116M Extension With Warriors

By taking roughly $20 million less than his maximum, Curry has freed significant 2027 cap room for Golden State to pursue major roster upgrades.

Overview

  • The Warriors and Stephen Curry agreed to a two-year, $116 million extension with a player option for 2028–29, a deal reported and confirmed on Saturday that keeps him under contract through at least the 2027–28 season.
  • Curry accepted about $20–21 million below the two-year max he was eligible for under the NBA 'over-38' rule, a deliberate move to give the franchise more salary-cap flexibility next offseason.
  • Analysts project the structure creates roughly $64 million–$72 million in preliminary 2027 cap space before the team decides on renouncing rights or keeping its own free agents, which would determine how much room is actually available.
  • Reports say Curry’s right knee has stabilized entering the season but his availability remains a material variable for Golden State’s short-term competitiveness.
  • The extension raises immediate pressure on the front office to use the added flexibility — with key contracts expiring and Kristaps Porziņģis holding a player option — to sign a high-impact free agent or remake the roster around Curry.