The Golden State Warriors gave out one of the biggest contracts of all time to Stephen Curry. When Curry signed his original contract, he instantly became one of the highest earners in the NBA. Unfortunately for Curry, this also means he is the biggest loser from a recent adjustment of NBA revenue.
“NBA players will forfeit more than $480 million from the escrow fund after the league's basketball-related income fell short of projections for the 2024-25 season. The NBA pegged BRI at $10.25 billion, according to someone familiar with the accounting who was granted anonymity because the details are private.
Players will retain just 90.9 percent of their salaries from last season. The collective bargaining agreement requires the league to withhold 10 percent of player salaries to ensure the revenue split stays at 51 percent for players…Stephen Curry, the NBA's highest-paid player at $55.8 million, will forfeit $5.1 million from the escrow fund. Other star players facing significant cuts include Joel Embiid ($4.7 million), Nikola Jokic ($4.7 million), Bradley Beal ($4.6 million), and Kevin Durant ($4.5 million).”
So while this obviously isn’t Curry’s fault, he will take the biggest penalty for the NBA falling short of their revenue expectations.
Nobody is going to cry over Curry losing $5 million. Especially with his recent contract extension set to pay him over $62 million in two seasons.
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Curry’s contract is still completely worth it for the Warriors. Despite its size, Curry is still incredibly productive in his old age. The Warriors can only hope that Curry’s decline continues to be slow and non-detrimental to the team.
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