Report: CP3 contract term will be extended as Dubs explore negotiations originally appeared in NBC Sports Bay Area
The Warriors gained a little more time compared to Your Chris Paul Decision.
Golden State plans to extend the Friday deadline on Paul’s contract through the 2024-25 NBA season, ESPN’s Adrian Wojnarowski reported Friday morning, citing sources.
The original deadline to determine whether they would pick up Paul’s $30 million team option for next season was Friday, June 28.
Sources ESPN: Golden State and Chris Paul intend to push back the date to lock in the $30 million in his 2024-2025 contract for the start of free agency on Sunday. The deadline was originally today. This gives the Warriors time to continue exploring negotiations.
-Adrian Wojnarowski (@wojespn) June 28, 2024
The Athletic’s Anthony Slater added that the Warriors and Paul pushed the deadline back just two days, to Sunday, June 30.
Notable that the Warriors and Chris Paul only pushed back the guarantee deadline until Sunday, not July. GSW now has a small window this weekend to figure out potential trade paths, but Paul needs a clearer picture of his future before free agency.
-Anthony Slater (@anthonyVslater) June 28, 2024
The 48 extra hours gives Warriors general manager Mike Dunleavy and Co. time to figure it out potential commercial packages including Paul, who was linked to rumors all offseason.
During Dunleavy’s pre-draft press conference on Monday, the second-year GM briefly discussed the situation surrounding Paul.
“We know what it is. We planned for it,” Dunleavy told reporters. “I think it’s harder to balance salary versus player quality and take that into consideration, which makes it difficult.”
In his first season with the team in 2023-24, Paul, 39, was a key player on the Warriors’ bench, averaging 9.2 points and 6.8 assists per game in 58 games.
If the Warriors plan to move on from the future Hall of Fame point guard, they’ll have a little more time to figure things out.
