The Warriors turn Looney's contract into a fully guaranteed! It is not ruled out that a trade will send Klay away, and the possibility of staying with the team will fall again

Serious basketball club

2024-06-25 05:30Posted in Tianjin Sports Creators

On June 25, Beijing time, the NBA entered the offseason. According to multiple reports from Kendra Andrews and others, the Warriors have converted center Kevon Looney's $8 million contract for next season to a fully guaranteed. However, the Warriors are likely to trade him, and the possibility of Thompson's contract extension drops again.

Of Looney's $8 million contract, only $3 million is guaranteed for next season, with the other $5 million up to the Warriors to decide. After weighing the pros and cons, the Warriors concluded that $8 million is an acceptable one-year salary to retain an insightful locker room leader who is also one of the team's most consistent rebounders. The Warriors want Looney to stay with the team, but it's just as likely that they could use Looney's contract to bolster the offseason.

Warriors reporter Tim Kawakami then tweeted about the team's salary space after the Warriors decided to keep Looney. The Warriors have now poured $142 million into nine players for next season. The salary cap is $141 million. The luxury tax threshold is $172 million. The first level of luxury tax is $179 million.

At the same time, Tim Kawakami also said: With the Warriors guaranteeing Looney's $8 million salary this season, I will slightly reduce the odds of Klay Thompson's contract extension from 58% a few days ago to 56% now, just because it will reduce some of the available funds they may need if they really intend to go below the luxury tax line.

Looney averaged 4.5 points, 5.7 rebounds and 1.8 assists in 16.1 minutes per game in the 23-24 season, the lowest in the last three seasons. The 28-year-old has never played for another team throughout his career and has won three NBA championships for the Warriors.

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