The Golden State Warriors plan to let the $8 million contract of Kevon Looney guarantee for the 24-25 season, sources tell Anthony Slater of The Athletic. Looney's future with the Warriors was one of the more open questions this offseason as only $3 million was guaranteed, which would allow the team to save against the luxury tax. Looney fell out of the rotation behind Trayce … [Read more...] about Warriors Plan On Letting Kevon Looney’s Full $8M Salary For 24-25 Guarantee
Malik Monk, Kings Agree To Four-Year, $78M Deal
Malik Monk and the Sacramento Kings have agreed to a four-year, $78 million contract. Monk's contract includes a player option in Year 4. With a starting salary of $17.4 million, Monk will be earning 12.3 percent of the 24-25 salary cap of $141 million. The Kings offered Monk the maximum they were allowed under the collective bargaining agreement. Monk was set to become an … [Read more...] about Malik Monk, Kings Agree To Four-Year, $78M Deal
Hornets Open To Miles Bridges Sign-And-Trade; Nets, Kings Had Interest At Deadline
The Charlotte Hornets are open to sign-and-trade possibilities with Miles Bridges as he becomes a free agent this offseason. Bridges could command an annual salary in the $30 million range. Bridges played on the $7.9 million qualifying offer as he came off his domestic violence suspension. Bridges turned down a four-year, $60 million extension offer form the Hornets in 2021 and … [Read more...] about Hornets Open To Miles Bridges Sign-And-Trade; Nets, Kings Had Interest At Deadline
Gary Payton II Opts Into $9.1M Player Option With Warriors
Gary Payton II has opted-in to his $9.1 million player option for the 24-25 season with the Golden State Warriors. Payton signed a three-year, $28 million deal with the Portland Trailblazers during the 2022 offseason and was then traded back to the Warriors at the 2023 trade deadline for five second round picks. Payton will be a free agent in 2025 unless he signs an … [Read more...] about Gary Payton II Opts Into $9.1M Player Option With Warriors
Warriors Headline Eight Teams To Pay Luxury Tax, 22 Teams Under Tax Each Receive $11.96M
The Golden State Warriors were one of eight teams to pay the luxury tax during the 23-24 NBA season at $176.9 million. The 22 teams below the luxury tax threshold will receive $11.96 million apiece. Luxury Tax Teams• Golden State Warriors: $176.9 million• Los Angeles Clippers: $142.4 million• Phoenix Suns: $68.2 million• Milwaukee Bucks: $52.5 million• Boston Celtics: $43.8 … [Read more...] about Warriors Headline Eight Teams To Pay Luxury Tax, 22 Teams Under Tax Each Receive $11.96M