What happened: Kristaps Porzingis has agreed to a two-year, $40 million contract to return to the Golden State Warriors, running through 2027-28 with a player option in the second season. The deal was negotiated by agent Jeff Schwartz of Excel Sports Management.
Why it matters: Locking in Porzingis keeps Golden State's frontcourt intact and removes one of the offseason's bigger question marks for the franchise, after momentum had been building toward an extension earlier this offseason. The player option gives him flexibility to re-enter the market a year early heading into 2027-28.
By the numbers: Terms: two years, $40 million, through 2027-28, with a player option on the second season.
What to watch: Watch how Golden State rounds out the rest of its roster around the secured frontcourt, and whether Porzingis's availability holds up over the deal's first season.