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Harrison Barnes played a big role in the Golden State Warriors NBA Championship run this past season and his confidence as a player is obviously at an all-time high because of that. However, some surprising news came out this past weekend when we learned that Barnes rejected a four-year, $64 million contract extension offer from the Warriors.
The 23-year-old was set to make $16 million per year for four years which is great pay for a role player of Barnes caliber. If he accepted this deal it would allow the Warriors to stay under the tax in 2016-17 and make it a lot easier to re-sign Steph Curry in 2017-18 while still having money left over for free agents.
Barnes can become a restricted free agent next summer. It’ll be interesting to see how this plays out. Though he’ll more than likely re-sign with the Warriors on the current deal, Barnes may be looking to have a breakout season and force them to up their offer for him. Via Yahoo Sports!
The $16 million annual offer wasn’t accepted, but appears to be a starting point in talks that could last until the Oct. 31 deadline for rookie extensions.
The Warriors are trying to prevent Barnes from reaching restricted free agency in July 2016, when a rising salary cap and scores of teams with financial flexibility will couple with Barnes’ burgeoning talent and potential to make him a significant target on the market.
As a member of the 2012 NBA draft class, Barnes is eligible for his rookie contract extension. Without an agreement by Oct. 31, Barnes would become a restricted free agent next summer. Golden State would be able to match any offer sheet for Barnes and re-sign him.