Warriors guaranteeing Kevon Looney’s salary for 2024-25

Golden State Warriors forward Kevon Looney.

The Warriors have decided to guarantee Kevon Looney‘s salary for the 2024-25 season, sources tell Kendra Andrews of ESPN (X link).

Golden State would have had to waive Looney on Monday in order to avoid having his full $8M salary for next season become guaranteed. Up until today, only $3M of that total had been guaranteed, so the team could’ve saved $5M by cutting him.

However, Anthony Slater of The Athletic reported over the weekend that Looney was unlikely to be waived, pointing out that cutting him and then signing a replacement wouldn’t create significant cap or tax savings, and cutting him to try to re-sign him to a minimum-salary deal was considered too risky, since he’d have other suitors. According to Slater, the veteran center is still one of head coach Steve Kerr‘s favorite players and his voice is valued in the locker room.

Looney, 28, has been with the Warriors since 2015, winning three titles during that time and starting 256 of his 523 regular season games with the franchise. His defensive versatility, toughness, and rebounding have made him an important part of Golden State’s frontcourt over the years, but he had a down season in 2023-24, as his averages dipped to 4.5 points, 5.7 rebounds, and 1.8 assists in 16.1 minutes per game.

While Looney will now be assured of receiving $8M in 2024-25, that doesn’t mean he’ll spend the entire season with the Warriors. As Slater wrote on Saturday, the big man could emerge as a trade candidate if his expiring contract comes in handy as part of Golden State’s efforts to upgrade its roster.

The Warriors’ next major salary guarantee decision will come later this week — Chris Paul‘s $30M contract for ’24-25 will become guaranteed if he remains on the roster through Friday. However, there’s virtually no chance Golden State will guarantee that full amount unless it’s necessary to accommodate a trade. It’s also possible that Paul will agree to push his salary guarantee date back into July to give the team more time to sift through its trade options.

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