Golden State Warriors coach Steve Kerr has finalized a record-breaking contract extension. Under the new two-year deal, valued at $35 million, Kerr becomes the NBA’s highest-paid coach, according to ESPN.
Previously set to conclude with this season, Kerr’s enhanced contract, at $17.5 million annually, now extends his tenure through the 2025-26 season.
While Gregg Popovich of the San Antonio Spurs earns more each year, holding both president and coaching roles, Kerr surpasses Miami Heat’s Erik Spoelstra, who has an eight-year extension averaging $15 million annually.
This extension marks the culmination of extensive negotiations between Warriors General Manager Mike Dunleavy Jr. and Kerr’s agents at Priority Sports, ensuring Kerr remains a vital part of the Warriors.
NBA NEWS & TRADE RUMORS: Steve Kerr, Golden State Warriors Updates
With a .655 winning percentage, Kerr is ranked fifth among coaches in league history, underlining the importance of his leadership for the Warriors, as emphasized by owner Joe Lacob and the Warriors’ management, especially following the departure of former president and GM Bob Myers at the end of the 2023 season.
At 58, Kerr has not only contributed to the Warriors’ success but has also become a legendary figure within the organization, guiding it through a potential transitional period centered around stars Stephen Curry, Draymond Green, and Klay Thompson.
Kerr’s record includes four championships and six NBA Finals appearances, with a notable achievement of winning his 500th game, positioning him as the fifth-fastest coach to reach this milestone.
NBA NEWS & TRADE RUMORS: Steve Kerr, Golden State Warriors Updates
Besides his NBA achievements, Kerr also serves as the coach for Team USA and will lead the team in the 2024 Summer Olympics in Paris. His leadership helped the Warriors secure a record 73 wins during the 2015-16 season, the highest in NBA history. Currently, in his ninth season, Kerr boasts a 501-264 record (.655) as the coach of the Warriors.
