Warriors secure Podziemski on $110m deal while keeping cap room
Podziemski’s new deal will reduce Golden State’s available cap space next summer by $1.9 million compared with his $17 million cap hold.
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The Golden State Warriors agreed a five-year, $110 million contract extension with Brandin Podziemski on Saturday, according to multiple reports. The deal keeps the 23-year-old in their long-term plans while leaving most of their projected cap space intact for next summer.
Podziemski’s cap hold for next summer had been set at $17 million. The first year of his new contract will reportedly be worth $18.9 million, reducing Golden State’s available space by $1.9 million rather than the full value of the extension.
A deal built on consistency
Podziemski averaged 13.8 points, 5.1 rebounds and 3.7 assists per game last season. He appeared in all 82 games for the Warriors and recorded shooting splits of 45.5%, 37.1% and 79.7%.
The former No. 19 overall pick now has a measure of certainty rather than heading towards restricted free agency next summer. Golden State, meanwhile, has secured his next contract before a possible breakout season in 2026-27 could have raised the price.
The size of the agreement initially raised questions about the Warriors’ spending plans. Stephen Curry, 38, agreed to a less-than-maximum extension earlier this offseason to help create room for roster upgrades next summer, as Golden State looks towards one last championship pursuit with him.
What it means for Golden State’s plans
Podziemski’s extension will not take effect until next summer, so it does not change the Warriors’ financial position if they explore a move at this season’s trade deadline. It does, however, make it less likely that Podziemski would be included in a deadline deal and gives the team a clearer backcourt plan alongside Curry.
Golden State could still clear $60 million in cap space next summer if it chooses to do so. That scenario would leave only seven players on the roster and would not include the cap holds of Jimmy Butler and Draymond Green.
Kristaps Porzingis’ $20 million deal is guaranteed for only $3 million, providing another factor in those calculations. How the Warriors handle Butler and Green’s impending free agency will determine how much they can spend next summer. Podziemski’s extension, by contrast, makes only a small change to the projected space while establishing his place in the team’s longer-term plans.
Source: CBS Sports. This article was compiled by the iBET.news newsroom from the source report and other public information.
