Stephen Curry Signs a $116 Million USD Extension With the Golden State Warriors to Stay Through 2029

Curry took a $20 million USD discount below his maximum eligible salary to give the Warriors more cap flexibility.

Summary

Stephen Curry agrees to a two-year, $116 million contract extension with the Golden State Warriors

The historic agreement pushes Curry to approximately $650 million in guaranteed career earnings

Curry accepts a discount of over $20 million to provide the franchise with vital salary cap flexibility

Stephen Curry is securing his future while continuing his run in the Bay Area. This 38-year-old superstar agreed to a massive contract extension with the Golden State Warriors, a move the franchise formally announced. Valued at $116 million USD over two years, according to ESPN, the agreement ensures the defining player of this era remains exactly where he started. He enters his 18th NBA season, all of which have been played exclusively with the Warriors. The contract features a built-in player option for the 2028-29 NBA season.

The scale of this extension rewrites the league’s financial record books. This agreement pushes his trajectory higher and takes Stephen Curry to approximately $650 million USD in guaranteed career earnings, the highest total in NBA history. He stands as the highest-paid player in the league right now with a $62.6 million USD salary locked in for the 2026-27 season. Reports from ESPN indicate his cap figure will come in at $55.7 million USD for the 2027-28 season.

Despite setting earnings records, the iconic guard took a deliberate pay cut to keep his squad competitive. Stephen Curry was eligible to pull in close to $137 million USD over the two-year span if he sought the maximum amount. Instead, he willingly absorbed a discount of more than $20 million USD below his maximum eligible salary. Accepting this reduction provides the Golden State Warriors with immediate salary cap flexibility. This financial sacrifice changes the team’s outlook and prioritizes the ability to construct a championship-contending roster around their cornerstone rather than maxing out his personal payout.

That level of organizational commitment reinforces his status within the building. Following the official announcement, Warriors general manager Mike Dunleavy highlighted the magnitude of the guard’s impact. Dunleavy stated he does not think there has ever been a better face to a franchise in professional sports history than Curry.