The Golden State Warriors and starting guard Brandin Podziemski have agreed to a five-year, $110 million contract extension, his agent Bill Duffy told ESPN's Shams Charania, avoiding restricted free agency next summer.
The fully guaranteed deal includes a mutual option in the final season (2031-32) and a trade kicker. The unique mutual option allows either side to opt in, but not opt out, of the final season of the deal, allowing both sides to reopen potential extension conversations that offseason.
Podziemski, 23, is entering his fourth season after the Warriors selected him 19th overall in the 2023 NBA draft. He was the first pick of general manager Mike Dunleavy's tenure and a player Dunleavy and the front office prioritized keeping in the fold.
He will make $5.6 million this season in the final year of his rookie deal. That figure will jump up to $18.9 million next season in the first year of the extension.
As contract talks intensified in the past month, keeping that initial salary number at a manageable level was an important negotiation point on the Warriors' side, team sources said.
Dunleavy has been protective of the team's 2027-28 cap space, building a roster loaded with expiring contracts while convincing superstar guard Stephen Curry that the benefit of taking a $10 million pay cut for next season is in maintaining the ability to better transform the roster around him via free agency or trade in his final seasons. The Warriors have four tradable first-round picks.