The Warriors made a new contract offer to restricted free agent Jonathan Kuminga last week, hoping to end the standoff that has prevented them from completing other offseason moves, sources tell Anthony Slater and Shams Charania of ESPN.
Golden State’s latest proposal is a three-year, $75.2MM deal with a team option in the third season, according to the authors’ sources. It includes $48.3MM in guaranteed money over the first two years, which Slater and Charania point out is nearly equal to the annual salary that restricted free agent Josh Giddey received last week in his new contract with Chicago. They add that the major difference is that Giddey received four guaranteed years with no options on either side, while Kuminga would most likely be a trade asset under his next contract rather than part of the team’s long-term future.
The offer is an increase from the two-year, $45MM contract that was presented to Kuminga and his representatives earlier this summer. That deal also included a team option on the final season and a demand that Kuminga waive his inherent no-trade clause.
The authors describe the Warriors’ insistence on those provisions, even in the new proposal, as a “major part” of the prolonged standoff. Their sources say Golden State’s only offer without a team option was for $54MM over three years, which brings the annual salary down to $18MM.
Kuminga has been requesting a player option to give him more control over his future, sources tell Slater and Charania. He and agent Aaron Turner have been willing to accept a yearly salary in the $20MM range as a tradeoff, but they believe agreeing to a team option should bring Kuminga’s salary up to about $30MM per year. The Warriors consider a player option to be a “nonstarter,” according to the authors.
The latest proposal from Kuminga and his agent is described as a “souped-up version” of Golden State’s qualifying offer, which is also still on the table. Kuminga would receive more money than the $8MM QO that was tendered in late June, but it would be a one-year deal that makes him an unrestricted free agent next summer and allows the Warriors to shop him as an expiring contract heading into the trade deadline. It also creates the possibility that Kuminga could spend another full season with the team and start negotiations fresh next offseason.
General manager Mike Dunleavy Jr. turned down that idea, the authors state, as owner Joe Lacob is reportedly unwilling to accept any deal that puts the Warriors at risk of losing Kuminga next summer while getting nothing in return.
Lacob has been a strong believer in Kuminga ever since he advocated drafting him ahead of Franz Wagner in 2021, according to the authors. Sources tell them that Lacob refused to part with Kuminga in a proposed trade with Chicago for Alex Caruso two years ago, and he remained a vocal supporter even when the forward was removed from Steve Kerr‘s rotation last season. But sources tell the authors that Lacob has never intervened with Kerr on Kuminga’s behalf and has allowed the coach to make his own decisions about who gets on the court.
Kerr has indicated that Kuminga would see ample playing time this season if he opts to re-sign, according to Slater and Charania’s sources. However, Kuminga’s camp has pointed to comments that Kerr made during the playoffs — stating that Kuminga isn’t a natural fit alongside Stephen Curry, Draymond Green and Jimmy Butler — and they suggest that staying with Golden State might not be the best move for Kuminga’s career.
Before the Warriors shut down the idea of a sign-and-trade, they received offers from the Suns (who intended to pay Kuminga about $80-88MM over four years) and Kings (three years at $63-66MM), who were both willing to give him a player option and make him their starting power forward.
However, the Warriors weren’t satisfied with the return in the proposed deals, which reportedly would have brought Royce O’Neale and second-round draft compensation from Phoenix or Malik Monk and a protected first-rounder from Sacramento.
With training camp starting in two weeks, the authors state that Kuminga’s best hope is for Lacob to intervene, either to give him the financial compensation that he wants or ease his pathway to another team. The Warriors have several moves on hold that can’t be completed until the Kuminga situation is resolved, so a final decision will have to be made soon.