Overview

• The Warriors have rebuffed Sacramento’s proposal centered on Malik Monk and a lottery-protected 2030 first-round pick as well as Phoenix’s package of Royce O’Neale, Nick Richards and four second-rounders.
• Golden State insists on receiving an unprotected first-round pick and a starter’s role guarantee in any deal, a stance shaped by luxury tax apron limits and base-year compensation rules.
• Kuminga has publicly voiced a preference for Sacramento’s starting power-forward role but is now weighing a one-year, $7.9 million qualifying offer to preserve his no-trade clause and future freedom.
• By extending the qualifying offer and signaling an end to sign-and-trade negotiations, the Warriors have secured the right to match any offer sheet or retain Kuminga under restrictive terms.
• The standstill has delayed Golden State’s ability to complete other free-agent moves and leaves both the franchise’s roster construction and Kuminga’s career control in limbo.