The Golden State Warriors ended the disappointing 2023/24 season and now it’s time for the club to look towards changes. The club’s owner, Joe Lacob, hinted back in February 2023 that the Golden State would try to reduce luxury tax for the 2024/25 season. This was further reinforced by comments from General Manager Mike Dunleavy to the media after the team’s season ended.
Dunleavy said, “To operate a team that couldn’t make the playoffs, we spent $400 million this year. I don’t encourage that.”
The Warriors had to pay over $40 million in luxury tax last season and had to make significant salary cuts. The issue becomes more complicated as the contracts of Klay Thompson and Chris Paul expire. One of the most effective ways to reduce the salary cap is to part ways with Andrew Wiggins and his $84.7 million/3-year contract.
According to Logan Murdock of The Ringer, the Warriors will consider that option. Murdock wrote, “League sources indicate that the Warriors will seek to improve the roster and be open to negotiations surrounding Wiggins.”
Why the Warriors should and should not trade Andrew WigginsThe idea of pushing Wiggins out of the Chase Center is not surprising. He had a terrible 2023/24 season and is being paid too much considering his contributions to the team.
Just two seasons ago, Wiggins was an All-Star and the standout guard in the playoffs. However, Wiggins has since declined significantly. All of his statistics have decreased, his defense has worsened, and he has lost his spot in the Warriors’ starting lineup.
One obstacle for the Warriors in trading Wiggins is his $26.3 million salary, which is on par with some stars on other teams. Balancing Wiggins’ salary in trades is a challenging issue. The Warriors may have to attach one of their young players or a draft pick to move Wiggins.
However, if they do that, will the Warriors have enough firepower to continue competing for the championship? Is it reasonable to give up significant assets in the future because of Wiggins?
The Warriors can consider keeping Wiggins and hoping he can regain his peak form. If not, they will consider moving him before the trade deadline. Wiggins is currently 29 years old and in his prime.