In the summer of 20 17, Stephen Curry reached an agreement to renew the contract with the Warriors, and the two sides signed a five-year contract with a total value of 20100000 USD.
Previously, Curry was a four-year, $44 million cheap contract. Although it is less than ten years, according to the designated veteran clause added in the new labor agreement, Curry can get a super maximum salary with a starting salary of 35%, a maximum salary of 5 years and an annual salary increase of 8%. Although the salary cap for next season is slightly lower than expected, under the salary cap of 99 million US dollars, Curry can get a five-year contract worth 20 1 10,000 US dollars at most. This contract in Curry has no options and is a complete guarantee contract.
Judging from the terms of Curry's new contract, the Warriors have given Curry absolute respect. I used all the possibilities and tried my best to give the highest contract. Curry's contract is also the highest salary in the league (before tax, James comes first after tax).
However, the Warriors rejected Curry's request to trade the veto. The so-called trading veto means that if a team wants to trade a player with trading veto, it must first obtain the player's consent, otherwise the transaction will not be carried out, because the player with trading veto can veto any transaction involving himself.
As far as I know, there are only a few players who have veto power in active service, namely Nowitzki, James, Cameron Anthony (who has given up trading to Thunder), Wade (who has given up switching to Bulls) and mirotic (who has given up trading to Pelican), so at present, only Nowitzki and James have veto power in the league. (If there is any omission, please comment and supplement)
So it can be seen that the veto power in this transaction is precious.
Why didn't the Warriors give Curry a veto in the first place? There are three reasons:
First of all, we have paid enough. The contract offered by the Warriors to Curry is the highest in the league, and all of them are guaranteed, which is a great respect.
Second, considering Curry's physical condition. Curry is thin in the league. He hasn't suffered any serious injuries so far, which is attributed to his offensive style, which is mainly based on the outside line. However, with the growth of age, injuries are a great hidden danger. After providing a five-year long-term contract, you must leave room for yourself. In case Curry is injured and his condition is seriously declining, the team needs to make changes. Moreover, the contract amount in Curry is so large that it is very difficult to trade if the veto is added. Because as Curry, he certainly doesn't want to go to a team with no playoff strength, and a team with playoff strength is not necessarily willing to give up the chip trade with the same salary to find Curry with declining status. This is the space that warriors need to leave for themselves.
Third, prepare for the future. The Warriors are currently three giants, with only one goal, to win the championship. If the Warriors don't win the championship in the next 2-3 years, the management is definitely unwilling to pay a huge luxury tax, then the transaction is imperative. In the next few years, there will be many big fish in the free market, and Curry is definitely the most valuable chip. It's not that the Warriors will trade in the treasury, at least the choice is in the hands of the team.
Many people think that it would be unkind if the Warriors really traded Curry. But this is a business alliance after all, and there is little friendship before interests. After all, not every boss is Cuban.