Steph Curry
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NBA superstar Stephen Curry has agreed to sign a one-year, $62.6 million extension with the Golden State Warriors, his agent confirmed to CNBC.
According to Spotrac, the extension will keep Curry in a Warriors uniform through the 2026-2027 season and make him the first NBA player to earn $60 million in a season. So far, several NBA players who have signed long-term extensions are poised to eclipse Curry's $62.6 million salary the following year.
Curry is a four-time NBA champion and most recently won a gold medal with the U.S. basketball team at the 2024 Olympics. In the championship game against France, Curry led the team with 24 points, all of them three-pointers.
Curry is no stranger to setting records. He was the first NBA player to reach the $40 million and $50 million annual base salary levels and has been the league's highest-paid player since the 2017-2018 season, according to Spotrac.
Curry, among other stars, is one of the reasons the NBA was able to negotiate an 11-year, $77 billion media rights contract in its most recent deal with Disney, NBC Universal and Amazonwhich will come into effect after next season. The booming value of broadcast rights is driving up player salaries.
Younger players, such as Boston Celtics forward Jayson Tatum, have signed contracts worth more than $300 million over five years as the league continues to grow more popular and sports remain one of the only types of television people tune into live.
Curry, 36, has played his entire NBA career with the Warriors. He has won two league MVP awards and is the league's all-time leader in 3-pointers made.
Programming Note: Curry will appear on CNBC's “Squawk on the Street” at 10:30 a.m. ET on Tuesday.
Disclosure: Comcast NBCUniversal is the parent company of CNBC.
