The recent headline in the NBA was Steph Curry's contract extension, amounting to 62.6 million USD. The one-year extension was the maximum the Golden State Warriors can give to their franchise-player due to a little-known rule in the NBA that restricts teams from offering more than one-year extensions if the contract length reaches the player's 38th birthday (same applies to LeBron who is already past 38).
This clarifies many questions on peoples' minds. Why did the Warriors only give a one-year extension? Steph is still one of the best players on the planet, and the Olympics gold medal game showed that. Well, the Warriors are pretty clear that they won't let Steph go, and Curry has also mentioned that he wants to retire in the Bay Area.
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