Stephen Curry contract extension: Warriors star to become first NBA player to hit $60 million mark in a single season

Stephen Curry will sign a one-year, $62.6 million contract extension with the Golden State Warriors on Thursday, his agent, Jeff Austin, told ESPN’s Adrian Wojnarowski. The deal will keep him under contract through the 2026-27 season, during which Curry will turn 39.

Curry, 36, signed a four-year, $215 million contract with the Warriors in 2022. He is now set to receive $178 million guaranteed over the next three seasons. He is also considered to be the first player to earn more than $60 million in a single season in 2026-27.

After being underpaid in the first few seasons of Golden State’s dynastic run, Curry has been the NBA’s highest-paid player since the 2017-18 season. The four-time NBA champion is now hoping to hold the title for 10 consecutive seasons.

According to Spotrac, the extension will bring Curry’s career earnings to $532.7 million in 2026-27, putting him in a very exclusive club. LeBron James will be the first player to cross the $500 million mark this coming season, and Kevin Durant will be less than $200,000 behind in 2025-26, so if he plays one more season, he’ll join Curry in the club. Paul George’s current deal will get him there in 2027-28.

Curry’s contract will now expire at the same time as Draymond Green’s, assuming Green picks up his $27.7 million player option for the 2026-27 season. The Warriors currently have no players under contract after that year, except for Buddy Hield’s $10.1 million 2027-28 player option, of which only $3.1 million is guaranteed. However, Golden State coach Steve Kerr is only under contract through the 2025-26 season.

The news comes after Curry’s stellar performances in Team USA’s two final games for the 2024 Paris Olympics. Alongside James and Durant, Curry scored a total of 60 points and made 17 of 26 shots from 3-point range in wins over Serbia and France, leading the United States to its first-ever Olympic gold medal.

Last season with the Warriors, Curry averaged 26.4 points, 4.5 rebounds and 6.1 assists in 74 games and made his 10th All-NBA team. Curry, who has spent his entire 15-year career with the team that drafted him at No. 7 in 2009, is clearly still a top-tier player, but it remains to be seen if Golden State can put him in a position to compete for a fifth title. This offseason, the team lost Klay Thompson and Chris Paul, Curry’s backcourt partner since 2011, but could improve the roster by adding De’Anthony Melton, Kyle Anderson and Hield. However, the front office’s search for a star was unsuccessful, as potential trades for Paul George and Lauri Markkanen failed to get past the finish line.

Golden State isn’t done with business yet. Forward Jonathan Kuminga and wing Moses Moody, the Warriors’ lottery picks in the 2021 draft, are both eligible for extensions on their rookie contracts by Oct. 21, the day before the start of the 2024-25 regular season.