Steve Kerr agrees to record-breaking contract extension with Warriors: report
The Golden State Warriors and Steve Kerr have reportedly agreed on a contract extension that will make him the highest-paid coach annually.
Steve Kerr is staying in Bay Area for just a bit longer.
The Golden State Warriors have reportedly agreed to a record-breaking two-year, $35 million extension with their head coach.
Kerr's deal would go into effect next season, as his current contract was set to expire following this season, reports ESPN.
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His $17.5 million annual value will be the highest ever given to a coach.
The 58-year-old Kerr recently won his 500th game and has guided Golden State to four championships with a star-studded roster led by Stephen Curry, Draymond Green and Klay Thompson.
The season has not gone as planned for the Warriors this season though - amid struggles, Thompson has been moved to the bench.
Green also was suspended indefinitely by the NBA due to repeated hard fouls and unruly behavior on the floor - before last season started, Green punched then-teammate Jordan Poole from point-blank range at practice.
But the struggles clearly do not outweigh the dynastic fortune the Warriors have had since the 2014-15 season, which was their first of four titles since then.
The new deal puts his in line with Curry's deal that also will end at the end of the 2025-26 season. Kerr's .655 winning percentage if the fifth-best in NBA history.
Since Kerr has coached the Warriors, they have been to six total Finals - they blew a 3-1 lead to the Cleveland Cavaliers after their record-breaking 73-9 season, which was the catalyst to bringing in Kevin Durant. They also lost to the Toronto Raptors in 2019.
He is 501-264 since joining the Warriors.
The Associated Press contributed to this report.
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