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The Golden State Warriors and All-Star Andrew Wiggins have agreed to terms on a four-year contract extension, his agents confirmed to ESPN.
The deal includes a player option that could increase the overall value of the contract to $143 million.
The Warriors are expected to have a record-setting payroll and luxury tax of $483 million for the 2023-24 NBA season.
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Andrew Wiggins of the Golden State Warriors warms up against the Denver Nuggets at Ball Arena March 10, 2022, in Denver, Colo. (Getty Images)
Wiggins' salary will take a dip with this extension. He will drop from his current $33.6 million to just over $24 million to $26.3 million per season, according to a report from The Athletic.
The All-Star forward elevated his game during last season's playoff and championship run. The No. 1 overall pick in the 2014 draft averaged 16.5 points and 7.5 rebounds per game. Wiggins also contributed a strong season on the defensive end.
Jayson Tatum, left, and Marcus Smart, right, of the Boston Celtics battle for control of the ball with Andrew Wiggins of the Golden State Warriors during the first quarter of Game 6 of the 2022 NBA Finals at TD Garden in Boston June 16, 2022. (Elsa/Getty Images)
Wiggins is represented by Drew Morrison and Steven Heumann of CAA Sports.
DRAYMOND GREEN FINED, NOT SUSPENDED, BY WARRIORS AFTER PUNCHING TEAMMATE AT PRACTICE
Wiggins reached his deal after teammate Jordan Poole agreed to a four-year, $140 million contract extension, according to a report from ESPN. Poole is represented by the same agency as Wiggins.
Poole was recently involved in an altercation with Draymond Green during a team practice session.
Andrew Wiggins of the Golden State Warriors celebrates with The Larry O'Brien Trophy after Game 6 of the 2022 NBA Finals June 16, 2022, at TD Garden in Boston. (Jesse D. Garrabrant/NBAE via Getty Images)
NETS' KEVIN DURANT ON DRAYMOND GREEN PUNCH: ‘I'VE NEVER SEEN THAT UNTIL THE OTHER DAY ON CAMERA'
Green was fined but not suspended by the Warriors after video footage leaked of Green punching Poole during a closed practice. Green ended up spending some time away from the team following the footage leak, but he returned to the team Thursday.
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Wiggins joined the Warriors in 2020 in a trade with the Minnesota Timberwolves.
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