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Warriors Face Stalemate as Suns Explore Kuminga Sign-and-Trade

Complex CBA rules hinder the Warriors from leveraging Phoenix’s exploratory sign-and-trade interest this summer

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Jonathan Kuminga of the Golden State Warriors reacts before the game against the Minnesota Timberwolves in Game 4 of the Western Conference second-round NBA playoffs at Chase Center on May 12, 2025, in San Francisco.
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Overview

  • As of mid-July, the Warriors hold exclusive matching rights to Kuminga’s qualifying offer and have yet to receive any rival offer sheets
  • The Phoenix Suns have expressed exploratory interest in a sign-and-trade but lack the young assets and first-round picks Golden State is seeking
  • NBA base-year compensation rules cap outgoing salary matching at 50% while counting the full incoming salary against a partner’s cap, complicating deals
  • Golden State sits roughly $25 million below the first luxury tax apron, limiting its ability to extend Kuminga at his expected $25 million-per-year salary
  • Kuminga declined a reported five-year, $150 million extension and enters next season on a $7.9 million qualifying offer after averaging 20.8 points in the Western Conference Finals