Rather than wait it out and see how he would perform and if he would stay healthy, the Golden State Warriors decided to lock up Andrew Bogut and solidify their deep squad with Stephen Curry, Andre Iguodala and more.
Bogut reportedly agreed to a three-year, $43 million contract extension with the Warriors but that number must be reached through incentives. The deal is essentially a three-year $36 million contract before. The Warriors were intent on locking up their potentially elite center but his plaguing injuries are no secret. So in order to appease all some of the money is incentive based while Bogut still receives a significant amount regardless of his performance or playing time.
Myers and Bauman designed a contract for Bogut that will allow for payroll flexibility over the course of the three years, a league source told Yahoo Sports. Bogut will make $13 million-plus in 2014-15 before his annual base salary descends by 7.5 percent to $12 million in 2015-16 and to $11 million 2016-17.
Bogut has looked as close to 100% as he’s ever been during this preseason. The Warriors are set to reap the benefits if he continues to keep it up. They’re also taking a gamble if he regresses.
