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NBA·ANALYSIS·July 31, 2026 02:13 PM ET

Curry extension awaits eligibility as Watson market stalls

Denver faces a luxury-tax bill above $100 million

Wire Report IntelligenceUpdated Jul 311 min read
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What happened: League sources told NBC Sports that other teams never seriously entertained a Stephen Curry exit, while Anthony Slater reported mutual interest in a late-August deal. Denver wants at least one first-round pick and a notable player for Peyton Watson; Milwaukee, Cleveland, Atlanta and the Clippers have withheld first-rounders, according to Michael Scotto.

Why it matters: Golden State could preserve roster flexibility by completing other moves before re-signing Curry with Bird rights. Watson can play the 2026-27 season on a $6.5 million qualifying offer and enter free agency next summer.

By the numbers: Golden State can offer Curry up to two years and $135 million. Denver's reported five-year, $70 million offer to Watson is $55 million below Christian Braun's five-year, $125 million deal.

What to watch: Curry becomes extension-eligible Aug. 29. Watson's restricted free agency could remain unresolved until training camp approaches.

Sources

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