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Stephen Curry is currently playing out the final year of his four-year, $44 million deal, a contract which earned Curry the label of “underpaid” when he took his game to new heights. Well, with the brand new CBA in place and Curry’s abilities and starpower at an all-time high, the 28-year-old is in line for a historical payday when he becomes a free agent next summer.
Barring any serious injuries, Curry will be paid max dollar by the Warriors and with the new climate of NBA free agency, this could mean that Steph will earn a contract up to $207 million. If the two-time MVP were to receive this deal, it would be the richest deal in NBA history. Check out the details below via ESPN:
Currently playing out the last year on a four-year, $44 million extension that he signed in October 2013 at a time that his long-term durability was still being questioned, Curry will be eligible in July for a new deal that sources say would be worth an estimated $207 million over five years, making it the richest contract in league history and paying out an estimated $47 million in the final season (2021-22).
This new rule enables a narrow selection of superstars who are willing to re-sign with their current team to receive up to 35 percent of the salary cap if certain benchmarks are met. As a two-time MVP who has played for the Warriors his entire career, Curry would meet all the qualifications for the maximum allowable salary. A player with Curry’s experience level, under the previous CBA, would have been able to sign for only 30 percent of the cap.
Curry ironically might have new teammate Kevin Durant to thank for his forthcoming windfall. The league’s introduction of two designated veteran player exceptions per team in this new CBA, which have been modeled after the designated rookie player exceptions permissible in the current labor deal for one designated player per team still on his rookie-scale contract, appears to be a reaction to Durant’s departure from the Oklahoma City Thunder in free agency last summer.