Warriors' salary cap, financial situation before free agency |
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Mike Dunleavy Jr. has his work cut out for him. The Warriors’ offseason goal is to extend their championship window by bringing in a better supporting cast to surround Stephen Curry. But due to the Warriors’ crippling financial situation and new restrictions from the latest collective-bargaining agreement, it’ll be a challenge to do just that. The Warriors are well above the second tax apron, even before potentially re-signing Draymond Green, Golden State’s top free agent target. That means they have little options to bring in outside talent. The mid-level exemption, which they used on Donte DiVincenzo last offseason, won’t be at their disposal this time around. The Warriors got two players, Brandin Podziemski (No. 19) and Trayce Jackson-Davis (No. 57), in last Thursday’s draft. Beyond that, though, Golden State’s only ways to add players are through trades or with veteran minimum signings. Dunleavy orchestrated his first big trade as the Warriors new general manager, sending Jordan Poole, Patrick Baldwin Jr., Ryan Rollins and draft picks to the Washington Wizards for Hall of Fame-bound point guard Chris Paul. The deal can’t be finalized until July 6 for financial reasons. But might Dunleavy have more tricks up his sleeve? We’ll have to wait and see. In the meantime, here’s a look at the Warriors’ books heading into free agency: Finances:Active payroll: $219.7 million Distance over projected salary cap: $83.7 million Players under contract for 2023-24 seasonStephen Curry: $51,915,615 Klay Thompson: $43,219,440 Chris Paul: $30,800,000 Andrew Wiggins: $24,330,357 Gary Payton II: $8,715,000 Kevon Looney: $7,500,000 Jonathan Kuminga: $6,012,840 Moses Moody: $3,918,480 Draft picks*Brandin Podziemski: $2,793,200 Trayce Jackson-Davis: $500,000 *Projected salary based on 2023-24 rookie scale Related Articles Golden State Warriors | Opinion: Warriors need to part ways with Draymond Green Golden State Warriors | Draymond Green free agency market heats up as Warriors prepare their pitch Golden State Warriors | Chris Paul has never come off the bench, will he with the Warriors? Golden State Warriors | Top 10 players available on NBA’s free agent market from James Harden to Bruce Bown Golden State Warriors | Warriors first-round pick Brandin Podziemski is eager to prove himself: ‘In a few seasons, I’m a triple-double guy in the NBA’ Player options**Draymond Green: $27,586,225 Donte DiVincenzo: $4,725,000 **Players have until Thursday to pick up or decline their player options. Green has already made his intentions of opting out known, meaning he’ll be an unrestricted free agent. It seems likely that DiVincenzo can command more on the open market than what his player option is worth. If that’s the case and he declines the option, the most Golden State can pay him is $5.4 million. Free agentsLester Quinones: Two-way, restricted free agent Anthony Lamb: Restricted free agent Ty Jerome: Two-way, restricted free agent Andre Iguodala: Unrestricted free agent JaMychal Green: Unrestricted free agent Report an error Policies and Standards Contact Us |
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