“Golden State Warriors” star guard Stephen Curry will benefit in new CBA
NBA star Stephen Curry will benefit massively from the new veteran player provision, Curry's contract will pass the $200 million brink with NBA's new collective bargaining agreement. His current salary is said to rise from $12 million to $36 million in the next season.
The deal will pass in July and it is worth around $207 million, which makes it the richest contract in league history. The new rule certainly brought benefits for the NBA superstars; Curry has been a two time MVP and he played for the Warriors his entire career as per ESPN.
He signed his extension in October 2013 for $44 million and he is playing the last year of his four year contract. As per the previous CBA and for Curry's experience level he would have been able to sign only 30 percent of the cap.
According to ABC News, Curry might have new teammate Kevin Durant to thank for his forthcoming windfall. NBA commissioner Adam Silver acknowledged that in order to retain star players both sides were firm to give smaller teams some advantages.
It turns out that the rival teams of the Warriors had no idea in acquiring Curry in free agency in July. If Curry would prefer to change teams this summer he will be offered an estimated maximum contract in the $135 million range over four years. This will make the Warriors exceptional ability to retain the number one free agent along with Durant.
However, the new CBA is not good news for the Warriors as Durant is also ready to sign a huge contract this summer, being a ten year veteran he could also end up signing a deal starting at $36 million. If this takes place Durant and Curry will be the highest paid teammates in NBA history. The Warriors will probably be tightened to keep its team together.
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