Stephen Curry and Warriors agree to two-year, $116 million contract extension

Stephen Curry and the Golden State Warriors have agreed to a two-year contract extension worth $116 million, according to a source who spoke to the Associated Press.

Under NBA rules, Curry was reportedly eligible to command a deal worth up to $136 million over the same period, meaning the agreed extension represents a discount of roughly $20 million relative to the maximum figure he could have sought.

A veteran's commitment to the franchise

The extension keeps Curry, one of the most decorated players in Warriors history, with the organization for the foreseeable future. Curry has spent his entire career with Golden State since being drafted by the team, helping lead the franchise to multiple NBA championships and establishing himself as one of the most influential shooters in the sport's history.

Contract extensions of this kind are typically finalized once a player becomes eligible under the league's collective bargaining agreement, and terms are often confirmed by reporting from sources close to the negotiations before an official announcement from the team or player.

Neither the Warriors organization nor Curry's representatives had issued a separate public statement at the time of the initial report, with the figures attributed to a source familiar with the agreement.