Steve Kerr will be staying in the Bay Area for a little while longer.
The Golden State Warriors have reportedly agreed to a record two-year, $35 million extension with their head coach.
Kerr's deal would take effect next season, as his current contract would expire after this season, ESPN reports.
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Golden State Warriors head coach Steve Kerr calls a timeout against the Denver Nuggets in the first half of an NBA basketball game, Monday, Dec. 25, 2023, in Denver. (AP Photo/David Zalubowski)
His $17.5 million annual value will be the highest ever awarded to a coach.
Kerr, 58, recently won his 500th game and has led Golden State to four championships with a star-studded roster led by Stephen Curry, Draymond Green and Klay Thompson.
However, the season has not gone as planned for the Warriors: amid difficulties, Thompson was moved to the bench.
Green was also suspended indefinitely by the NBA due to repeated hard fouls and unruly behavior on the court; Before last season began, Green hit then-teammate Jordan Poole at point-blank range in practice.
But the struggles clearly don't outweigh the dynastic fortune the Warriors have had since the 2014-15 season, which was the first of four titles since then.
Golden State Warriors coach Steve Kerr yells at players during the first half of the team's NBA basketball game against the Los Angeles Clippers in San Francisco, Wednesday, Nov. 23, 2022. (AP Photo/Jeff Chiu)
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The new deal aligns it with Curry's deal that will also end at the end of the 2025-26 season. Kerr's .655 winning percentage is the fifth-best in NBA history.
Head coach Steve Kerr of the Golden State Warriors speaks to the media after game four of the 2022 NBA Finals against the Boston Celtics on June 10, 2022 at TD Garden in Boston, Massachusetts. (Photo by Joe Murphy/NBAE via Getty Images)
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Since Kerr coached the Warriors, they have been to six finals in total: They blew a 3-1 lead to the Cleveland Cavaliers after their record 73-9 season, which was the catalyst for bringing in Kevin Durant. They also lost to the Toronto Raptors in 2019.
He is 501-264 since joining the Warriors.
The Associated Press contributed to this report.
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