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HomeBusinessStephen Curry re-signs with Warriors for $62.6 million | Real Time Headlines

Stephen Curry re-signs with Warriors for $62.6 million | Real Time Headlines

Stephen Curry

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NBA superstar Stephen Curry has agreed to a one-year contract extension worth $62.6 million with the Golden State Warriors, his agent confirmed to CNBC.

According to reports, Curry will continue to play for the Warriors in the 2026-2027 season after the contract extension, which will make him the first NBA player to earn $60 million in a single season. observer. As of now, several NBA players who have signed long-term contract extensions will earn more than Curry by $62.6 million next year.

Curry is a four-time NBA champion and most recently won a gold medal with the USA Basketball team at the 2024 Olympics. In the championship game against France, Curry led the team to score 24 points, all of which were three-pointers.

Curry is no stranger to setting records. He is the first NBA player to earn an annual base salary of $40 million and $50 million, according to Spotrac, and is the league’s highest-paid player since the 2017-2018 season.

Curry, along with other stars, is one of the reasons the NBA was able to negotiate media rights worth $77 billion over 11 years contract in recent transactions disney, NBCUniversal and Amazoneffective after the upcoming season. The growing value of media rights is driving up player salaries.

Young players like Boston Celtics forward Jayson Tatum are signing contracts worth more than $300 million over five years as the league grows in popularity and sports remain the only TV people will watch live. One of the types.

Curry, 36, has spent his entire NBA career with the Warriors. He has won the league MVP award twice and is the all-time leading three-point shooter.

Program Notes: Cory will appear on CNBC’s “Squawk on the Street” Tuesday at 10:30 a.m. ET.

Revealed: Comcast NBCUniversal is the parent company of CNBC.

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