Kyle Anderson agrees to three-year, $27 million deal with Warriors

Kyle Anderson agrees to three-year, $27 million deal with Warriors

The Golden State Warriors have signed free agent forward Kyle Anderson to a three-year, $27 million deal, ESPN NBA insider Adrian Wojnarowski first reported Tuesday.

Free agent F Kyle Anderson is planning to sign a three-year, $27 million deal with the Golden State Warriors, sources tell ESPN. He’ll land with Warriors on a sign-and-trade with Minnesota. pic.twitter.com/Yen9kINCPv

— Adrian Wojnarowski (@wojespn) July 2, 2024

Wojnarowski notes that Minnesota will receive a future second-round pick swap for the move.

Golden State is sending Minnesota a future second-round pick swap and cash in the sign-and-trade, sources tell ESPN. https://t.co/9i80B3I0qE

— Adrian Wojnarowski (@wojespn) July 2, 2024

Typically, free agents can’t fit into trade exceptions, unless they’re acquired via sign-and-trade. In Anderson’s case, he will be signed into Klay Thompson‘s $15.9 million trade exception with their full mid-level going to De’Anthony Melton. Hoopshype’s Yozzi Gozlan was among the first with those details.

Kyle Anderson could fit into the trade exception the Golden State Warriors just created from sign and trading Klay Thompson.

This puts them $3.2 million below the $170.8 million luxury tax line with 13 players on the roster. https://t.co/gRTgJAUote

— Yossi Gozlan (@YossiGozlan) July 2, 2024

According to Spotrac, the Warriors are about $7.7 million away from the first apron, though that includes Niko Mannion’s $1.82 million qualifying offer plus Kevon Looney‘s $1 million in unlikely bonuses, a requirement for apron calculations.

Anderson’s addition gives Golden State has good variety of two-way wing depth–with Andrew Wiggins, Draymond Green Jonathan Kuminga and Moses Moody all still on the roster. Who knows if another consolidation move is coming for the Warriors, but Anderson, 30, is a malleable player who can be versatile.

De’Anthony Melton signs one-year, $12.8 million deal with Warriors

He averaged 6.4 points, 3.5 rebounds and 4.2 assists last season on dismal efficiency. Nicknamed “Slo Mo,” Anderson doesn’t have the prettiest shot nor the most effective, though he’s a good passer, rebounder and defender. They needed more versatility defensively and better perimeter defenders. He helps with that on a fairly inexpensive contract.

The Timberwolves were a second-apron team, so it was unlikely that he was going to be brought back after hitting unrestricted free agency. He will have a non-guaranteed $9.4 million salary in the final year of his deal in 2026-27, per Spotrac.

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This is a breaking news story. Stay tuned for updates.

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