Warriors
Roster math

Draymond Green Declined $27,678,571 And Signed For $27,678,571

The option he turned down in June and the contract Golden State filed on July 30 are not close to each other. They are the same number. Every outlet rounded it to $27.7 million, which is why nobody has said so, and the money turns out to be the least interesting thing in the deal anyway.

GL
Grant LombardAug 6, 20266 min read
Every call on this site goes on a public ledger and gets graded. The misses stay up.
Illustration: a basketball above its exact mirror reflection, the two identical and indistinguishable.

Draymond Green's 2023 contract was four years and $100 million, and it paid him in four equal steps.

$22,321,429. Then $24,107,143. Then $25,892,857. Then $27,678,571.

The steps are $1,785,714 apart, every time. The first three sit on Golden State's filed cap sheets for 2023-24, 2024-25 and 2025-26, and the four of them add to exactly one hundred million dollars, which is a nice piece of work by whoever drew it up. The fourth step was a player option for this coming season.

He declined it.

He declined it hours before the deadline, by agreement with the team, so the Warriors would have the flexibility to chase LeBron James. That is Joe Vardon and Nick Friedell's reporting at The Athletic. The plan required trading for Anthony Davis, and Washington had no interest in trading Anthony Davis to Golden State for what Golden State was offering. James signed with Philadelphia on July 24. Six days later the Warriors announced they had signed Draymond Green, without terms, per team policy.

Spotrac has the contract filed. It is worth $27,678,571.

Not about that. Not in the neighborhood of it. The exact number, to the dollar, of the option he gave up a month earlier to bankroll a pursuit that never happened.

Nobody has printed this, and the reason is boring: everybody rounded. "$27.7 million" is what ESPN, The Athletic, the AP and NBC Sports Bay Area all ran, and it is a perfectly honest way to say $27,678,571 in a bulletin. Then the same outlets described the option he declined and rounded that number too, in four directions. AOL said $27.5 million. ESPN and The San Francisco Standard said $27.6 million. NBC Sports Bay Area said $27.7 million. The Athletic said $28 million.

Four figures. One option. Everyone was looking at $27,678,571 and reaching for a different nearby friendly integer, and the coincidence disappeared into the rounding. (I am not above this. Rounding is correct nine times out of ten and the tenth time it eats the story.)

Anyway.

What the summer actually cost, in one figure#

Golden State is hard-capped at the second apron, $221,686,000, and that is a considerably more interesting sentence than it looks.

A hard cap is not a thing that happens to a team. It is a thing a team does to itself by taking a specific action, and the action here is legible on the cap sheet. De'Anthony Melton's 2026-27 salary is filed at $6,064,000, the taxpayer mid-level exception to the dollar. The bi-annual exception, $5,477,000, sits on the same page marked unused, which matters because spending any of the bi-annual hard-caps a club at the first apron instead. So the Warriors spent the bigger exception, the bigger exception carries the higher ceiling, and Spotrac's Golden State page has carried the second-apron flag since July.

Here is where that leaves them, as of this morning:

Apron allocations, 13 standard contracts$216,439,590
Second apron$221,686,000
Room$5,246,410
Two more roster spots, at the $2,449,421 minimum charge$4,898,842
What is left at a full fifteen$347,568

Three hundred forty-seven thousand dollars. That is the entire remaining flexibility of a franchise with four championships this decade, and no buyout casualty or absorbed deadline salary fits inside it. (It is about a seventh of a minimum contract. You cannot sign a seventh of a person.) The Warriors have already spent their season and it is August.

The obvious read, which does not survive the money#

The uncharitable version writes itself, and it is not stupid, so here it is properly. Green was 36 and unsigned on July 25 and said so out loud: no offer, nothing on the table. A man coming off 8.4 points a game takes the one-year deal because it is the only deal, and calling that a strategy is dressing up a player with no leverage.

The trouble is the number. $27,678,571 is 16.78 percent of the salary cap, third on this roster behind Stephen Curry and Jimmy Butler and ahead of Kristaps Porzingis. (Porzingis is 31 and averaged 16.1 points here last season. He is making $20 million.) Men with no leverage do not get 16.78 percent of a salary cap. Green did not lose the argument about money.

He lost the argument about time. Or, more likely, he never had that argument, because both sides wanted the same thing.

The term is the deal#

Golden State has seven players under contract for 2027-28. Seven, out of fifteen.

Curry is not one of them. Butler is not one of them. Green is not one of them. All three sit in the cap-hold column for that season, which is Spotrac's way of saying free agent, at $65,716,516 and $65,493,050 and $41,517,857 respectively. Those three holds add to $172,727,423, and if you back-solve the projected cap out of Spotrac's own percentage column it lands around $174 million, so three men are carrying roughly ninety-nine percent of a salary cap into one offseason.

That is what the one-year term buys, and it is why nobody here was ever signing a two-year deal. A second year would have pushed Green past the date. Every other contract of consequence in this building either expires in the summer of 2027 or becomes decidable in it: player options for Al Horford and Melton, $20 million on Porzingis against a $3 million guarantee, restricted free agency for Brandin Podziemski at an $8,666,855 qualifying offer. (Moses Moody, Gui Santos and Yaxel Lendeborg are the only men whose 2027-28 money is settled and nobody's decision. They are 24, 24 and 24.) The front office spent this summer making sure every hard question arrives at once, on purpose, in June 2027.

And Green did the same thing from his side, which is the part I have not seen anybody say. There is no no-trade clause in this contract; ESPN reported that correctly, and it does not matter. The Athletic reported the outcome just as plainly: Golden State cannot trade him without his consent. Both are true, because a player on a one-year Bird deal would forfeit his Bird rights in a trade, and the consent requirement comes with the term rather than from a clause somebody negotiated. Consenting to a trade this season would drop him to Non-Bird rights next July and cost him the biggest number on his own future cap sheet.

So the shortest contract on the roster is also the least tradeable one, and the man who took it walks into the 2027 market at 37 holding full Bird rights and a $41.5 million hold.

The last year of a core is a thing that happens to people. This was scheduled.

Contract figures are from Spotrac's Golden State cap tables, opened August 6: 2023-24 ($22,321,429), 2024-25 ($24,107,143), 2025-26 ($25,892,857), 2026-27 ($27,678,571), and the 2027-28 table showing seven players under contract and Curry, Butler and Green in the cap-hold column. The $27,678,571 option value is a reconstruction, not a filed document: it is the only fourth-year figure that completes the constant $1,785,714 step and sums the four years to the $100,000,000 total reported for the 2023 contract. The four rounded option figures are as reported by AOL, ESPN, The San Francisco Standard, NBC Sports Bay Area and The Athletic between June 29 and July 28. The LeBron James sequence, the Anthony Davis condition and the deadline-hours agreement to decline are Joe Vardon and Nick Friedell, The Athletic, July 28. The Warriors' announcement, dated July 30 at 1:31 p.m. PDT, is on the club's own site and states that terms were not released; the same page's offseason tracker carries the Gary Payton II and De'Anthony Melton signings of August 1. Apron thresholds, exception values and the second-apron flag are Spotrac, cross-read against Hoops Rumors' published hard-cap triggers. The 8.4 points, 5.5 rebounds and 5.5 assists across 68 games are the club's figures. Green's July 25 remarks that he was unsigned and had no offer were reported by Fadeaway World.

Filed under Warriors

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The defense

Vogel gets the Warriors defense, and its shot blockers played 1,425 minutes

Golden State blocked 346 shots in 2025-26, 4.2 a game, 26th in the league, and pulled down 31.0 defensive rebounds a game, 25th. It also finished second in steals and sixth in turnovers forced. Three men who are still under contract blocked shots at better than 1.5 per 36 minutes last season: Charles Bassey at 2.52 on 100 minutes, Al Horford at 1.89, Kristaps Porzingis at 1.62. They played 1,425 of the team's 19,805 minutes, 7.2 percent, across 65 games. The next rate on the list is Draymond Green's 0.81. Quinten Post and Trayce Jackson-Davis, third and eighth on the team in blocks, are gone, and with the other departures go 75 of the 346 blocks and 578 of the 2,540 defensive rebounds. The three players added since are a rookie forward, a power forward and a guard. Frank Vogel was announced as associate head coach on September 17 and Steve Kerr says he is turning the defense over to him. Vogel's twelve seasons as a head coach produced three defenses that finished first in the league and two that finished third. Camp opens in Hawaii on September 29. Two takes filed.

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Steve Kerr told NBC Sports Bay Area on September 3 that he would not predict a record, and in the same conversation named the lineup question he has to answer in camp: Yaxel Lendeborg at small forward, Draymond Green at power forward, Kristaps Porzingis or Al Horford at center. Kerr also said out loud that he cannot count on his older players for 82 games. Those four played 171 of a possible 328 last season, when Golden State went 37-45. Jimmy Butler, who turns 37 on September 14, is not expected back until the second half; Moses Moody is not expected back until 2027. Two takes filed, on Lendeborg's minutes and on how many games the four veterans reach.

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The Warriors Spent The Summer In One Column

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On the record

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Held upAug 21, 2026

In San Francisco's Week 1 game against the Rams on September 10, 2026, Jack Jones plays MORE defensive snaps than Nate Hobbs. A player absent from the game book's Playtime Percentage page counts as zero, whether he is inactive, on injured reserve, or no longer on the roster. The take is CORRECT only if Jones's defensive snap count is strictly greater than Hobbs's. It is WRONG if Hobbs's is equal to or greater than Jones's, and that includes the case where both are zero.

The board moved both men today, Jones from 5 to 7 and inside the projected 53 and Hobbs from 6 to 5 and outside it, off the August 20 game book. This call takes the same view forward to a game that counts rather than restating the roster projection. The case: Jones has played 37 preseason snaps across the two games, was credited with two of San Francisco's seven passes defensed at the Chargers with no other 49er credited with more than one, and played 91.5 percent of Miami's defensive snaps across all 17 games in 2025 per Over The Cap's participation table. Hobbs has played none, pulled a groin at the August 11 joint practice with Tennessee, and was given a few weeks by Kyle Shanahan on August 13, which lands between August 27 and September 3 against a roster deadline of August 30. The risk is real and is stated: a few weeks from August 13 clears a September 10 kickoff, so a healthy Hobbs is a corner San Francisco signed to play and Jones is a corner it signed in June. Renardo Green's hamstring, under imaging on August 21, can move this in either direction by changing how many corners dress at all. UPDATED August 22, 2026, by the beat sweep: the anchor agrees, independently and afterwards. Matt Maiocco's 53-man projection 3.0, published August 21, lists a cornerback six of Lenoir, Green, Stout, Jack Jones, Luter and Prysock and does not mention Nate Hobbs anywhere in the piece, writing that Jones 'is slotted to take over as the starter for as long as Green is out.' The desk moved both men at 3:20 p.m. PT on August 21 off the game book and Maiocco published the same day, so this is corroboration and not the source. The two pass breakups are now three-sourced: the game book's defensive column, PFF's charting (team-best coverage grade of 89.9, no catch allowed on two targets), and Kyle Shanahan. The falsifier now has dates: the club published a Raiders-week schedule with practices on August 22 at 1:50 p.m. PT, August 23 at 10:15 a.m. and August 25 at 10:15 a.m., all with media availability, so any Hobbs practice report has three scheduled chances before the August 30 cutdown. Renardo Green's imaging result was promised for Friday August 21 and had still not been published by anybody as of Saturday morning.

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Golden State waived Chance McMillian and Deivon Smith on September 16, Jacksen Moni on September 18 and Elias Ralph on September 19, all four recorded on the NBA's public transaction log. None of the six training camp contracts the club signed across the same four days appears on that log at all; the last Golden State signing it carries is Brandon Williams on August 26. McMillian and Smith were signed and waived on the same Wednesday, reported by Hoops Rumors and by Brady Klopfer at Golden State of Mind. Moni was signed on a Thursday and waived on a Friday. Ralph was waived to make room for Obi Agbim, per Hoops Rumors' reading of the league log. The mechanism is the Exhibit 10, a non-guaranteed camp deal carrying a bonus of up to about $91,000, by Hoops Rumors' accounting, if a waived player then spends at least 60 days with Santa Cruz. Training camp opens at BYU-Hawaii on September 29 and media day is September 28. One take filed, on whether the cutting is finished.

Grant LombardSep 20, 20265 min read
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Steve Kerr told the Tom Tolbert Show on Friday that Golden State tried to get younger this offseason and could not, that nothing offered to the club made sense to him, and that depth is now the answer. He said the back end of the roster, including the two-way players, has to hold the fort until Jimmy Butler and Moses Moody return in the second half. Golden State's published schedule lists 80 regular-season games with dates, and 47 of them fall before February. The men Kerr named already carried the largest share of last season's minutes: Brandin Podziemski led the team at 2,333, and Gui Santos and Will Richard were fourth and fifth. Stephen Curry was sixth and Butler eighth. That arrangement produced 37 wins and 45 losses. Butler turns 37 on September 14 and is listed OUT. Two takes filed, on minutes and on Richard's starts.

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Earlier on the Warriors

Feature

Stephen Curry Has Until June 30, 2027

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