Warriors waive experienced guard Chris Paul as NBA free agency begins
![Warriors waive experienced guard Chris Paul as NBA free agency begins Warriors waive experienced guard Chris Paul as NBA free agency begins](https://s.hdnux.com/photos/01/40/40/45/25299311/3/rawImage.jpg)
The Golden State Warriors released point guard Chris Paul on Sunday, exceeding their salary cap of $30 million that he would have been entitled to in the 2024-25 season if his contract had been guaranteed, a league source confirmed to the Chronicle.
Paul’s guarantee was supposed to be fulfilled on Friday, but the Warriors agreed with the 19-year-old veteran to push the date back while they scoured the league for transfer opportunities. Golden State acquired the 39-year-old from the Washington Wizards last year in exchange for a package centered around guard Jordan Poole, who began the first season of a lucrative contract he signed with the Warriors in 2023-24.
As a result, the Warriors owe 11 players about $147 million through the 2024-25 season. During free agency – which began at 3 p.m. Sunday – they have access to the $12.8 million mid-level non-taxpayer exception and the $4.7 million biennial exception.
The salary cap for 2024-25 is $140.6 million, the NBA announced Sunday. The luxury tax limit is $170.8 million, the first cap is $178.1 million and the second cap is $188.9 million. The caps are subject to restrictions on roster composition.
Having purchased the 52nd overall pick in the NBA Draft to select center Quentin Post from Boston College, the Warriors have a firm grip on the second position.
Reach Sam Gordon: [email protected]