What's Happening?
The Golden State Warriors have waived Seth Curry, brother of Steph Curry, as part of a strategic move to manage their salary cap. Despite signing a contract with the Warriors, Seth Curry was not included in the preseason games, signaling the team's intention
to waive him. The decision was influenced by the need to keep his pro-rated veteran's minimum salary under the second apron hard cap. However, it is expected that Seth Curry will rejoin the team in November, allowing the Warriors to remain under the salary cap limit.
Why It's Important?
This move highlights the financial strategies NBA teams must employ to navigate the league's salary cap rules. By waiving Seth Curry temporarily, the Warriors can manage their financial commitments while planning to bring him back later in the season. This approach allows the team to maintain flexibility under the cap, which is crucial for managing player contracts and ensuring compliance with league regulations. The decision also underscores the challenges teams face in balancing talent retention with financial constraints.
What's Next?
Seth Curry is expected to re-sign with the Warriors in November, once the team can accommodate his salary under the cap. This move will likely be closely watched by other teams and analysts as it reflects broader trends in how NBA teams manage their rosters and finances. The Warriors' strategy may influence similar decisions by other teams facing cap constraints, particularly those with high-profile players and complex salary structures.