Warriors’ Head Coach Steve Kerr Signs 2-Year, $35 Million Extension

Steve Kerr in 2021
Steve Kerr at the Part The Cloud Gala Benefitting Alzheimer's Association in 2021. Photo by Drew Altizer Photography/Shutterstock (12541528p)

The Golden State Warriors made sure their championship-winning head coach, Steve Kerr, stays with the franchise for at least a couple of more seasons. According to Adrian Wojnarowski of ESPN, Kerr and the Warriors agreed to a two-year, $35 million extension.

Kerr, who was set to be out of contract at the end of the 2023-24 NBA season, has now become the highest-paid head coach in the history of the NBA. His $17.5 million average salary for the next two seasons eclipses Miami Heat’s Erik Spoelstra, who earns $15 million annually after signing an eight-year, $120 million extension earlier this year.

 It is believed that San Antonio Spurs’ Gregg Popovich earns more than Kerr and Spoelstra, but he also holds a President of Basketball Operations title on top of his head coaching job.

Steve Kerr has been serving as the head coach of the Golden State Warriors since 2014. Under his tenure, the Warriors became a dynasty, winning four NBA titles and making six NBA Finals. He compiled a .655 win percentage in the regular season, which is fifth best in NBA history.

By locking Kerr to an extension, the Warriors ensure coaching continuity during what could be a challenging period for the franchise. While their championship-winning core of Stephen Curry, Klay Thompson, and Draymond Green approaches the twilight of their NBA careers, Golden State is trying to set up a succession plan by giving their younger players more opportunities and preparing them to take over down the stretch.

The Warriors struggled so far in 2023-24 and currently find themselves at No. 10 in the Western Conference with a 29-26 record. However, the encouraging thing for the team is that they have won eight out of their last 10 games.

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