Curry Current Contract Overview
Stephen Curry signed a four-year extension with the Golden State Warriors in August 2021. The deal is worth $215 million, making it one of the largest contracts in NBA history. The contract runs through the 2025-26 NBA season. Curry's average annual salary is roughly $51.9 million. This deal replaced his previous five-year max extension signed in 2017. The structure includes player and team options in the final year. The salary cap for the 2024-25 NBA season is $140.6 million, per the NBA's official salary cap rules page NBA Salary Cap Rules. Curry's salary represents about 37% of the cap in 2024-25.
Curry's current contract base salary for the 2024-25 season is $55.76 million. The salary rises to $59.61 million for the 2025-26 season. These figures are fully guaranteed. The Warriors hold a team option for the 2025-26 season. Curry's cap hit is the highest on the Warriors roster. The contract does not include a no-trade clause. Curry's deal is structured to maximize his earnings during his peak playing years. The luxury tax apron for the 2024-25 season is $182 million, which limits the Warriors' flexibility NBA Salary Cap and Luxury Tax for 2024-25.
Contract Impact on Warriors Roster and Cap Space
The Warriors are currently above the luxury tax threshold due to Curry's contract. The team's total payroll for the 2024-25 season sits near $250 million. This puts them in the repeater tax tier. The luxury tax rate for repeat offenders starts at $3.75 per dollar over the apron. Curry's contract is the primary driver of the Warriors' luxury tax bill. The team's front office has explored trades and salary dumps to manage the cap. Draymond Green's $27.7 million salary for 2024-25 also contributes to the total payroll Golden State Warriors Cap Space and Payroll.
Curry's contract affects the Warriors' ability to sign free agents. The team has limited mid-level exception space. The taxpayer mid-level exception for the 2024-25 season is $5.9 million. The Warriors cannot use the bi-annual exception. They are restricted to the taxpayer mid-level and minimum contracts. Curry's presence still attracts top free agents despite the financial constraints. The Warriors' 2024-25 roster includes several veteran minimum contracts to balance the books. The luxury tax bill for the Warriors is projected to exceed $200 million for the season.
Curry's Earnings and Historical Contract Context
Curry's career earnings through his current contract are projected to exceed $500 million. He is among the top five highest-paid NBA players in history. His previous contract, signed in 2017, paid him $201 million over five years. The 2021 extension increased his annual average by over $10 million. Curry's current deal makes him the highest-paid player in the NBA for the 2024-25 season. His salary surpasses LeBron James' 2024-25