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The Golden State Warriors reached agreement on a three-year contract to bring back veteran swingman Andre Iguodala, according to a report from Yahoo Sports.
The deal is reportedly worth $48 million.
The defending champions have now signed Iguodala, Steph Curry and Shaun Livingston, with only Kevin Durant as the remaining unsigned member of the team’s core. Durant’s signing, however, is viewed as a formality.
Per Yahoo Sports:
Iguodala seriously considered rival teams on the open market and met with the San Antonio Spurs, Houston Rockets and Sacramento Kings, league sources said. For Golden State and owner Joe Lacob, re-signing Iguodala is an indication that the looming luxury tax concerns in future seasons will not prevent the franchise from keeping its championship core.
Iguodala and his representatives met with general manager Bob Myers and coach Steve Kerr on Saturday night and completed the deal.
Iguodala, 33, averaged 7.6 points and 3.4 rebounds this past season. Because of the need to sign high-profile free agents, the Warriors will become the most-taxed team in NBA history and unable to be players in free agency for at least three years.