Overview

• Golden State’s two-year, $40–45 million extension with a second-year team option and waived no-trade rights remains on the table, but Kuminga has declined the offer.
• Sign-and-trade discussions with clubs including the Suns, Kings and Bucks have stalled because of the Warriors’ high asset demands and NBA base-year compensation rules.
• Sources report that renewed negotiations have produced little progress, heightening the risk that Kuminga will opt for his $7.9 million qualifying offer and unrestricted free agency in 2026.
• The unresolved contract dispute has frozen Golden State’s ability to pursue veterans such as Al Horford, De’Anthony Melton and Gary Payton II.
• Organizational strain has grown, marked by Kent Lacob’s resignation and Kuminga’s training-focused Instagram post signaling his readiness to explore future options.