The Warriors have offered Kuminga a two-year extension worth roughly $40–45 million that includes a team option on the second year and requires him to waive his no-trade clause. Kuminga’s camp has countered with requests for longer guarantees or is considering signing the $7.9 million qualifying offer to secure a no-trade clause and take unrestricted free agency in 2026. Golden State’s demand for premium assets has stalled sign-and-trade talks, with Milwaukee refusing to include Bobby Portis and other suitors walking away from proposed packages. Anonymous executives have publicly argued that Kuminga’s upside merits a McDaniels-level deal in the $125 million–$131 million range over five years, underscoring disagreement on his market value. Kuminga has posted intense training footage since going out of contact in July, signaling that he is preparing for the next stage of his career as training camp nears.
