Steve Kerr agrees to record-breaking contract extension with Warriors: report

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Steve Kerr is staying in Bay Area for just a bit longer.

The Golden State Warriors have reportedly agreed to a record-breaking two-year, $35 million extension with their head coach.

Kerr's deal would go into effect next season, as his current contract was set to expire following this season, reports ESPN.

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Golden State Warriors head coach Steve Kerr calls a time out against the Denver Nuggets in the first half of an NBA basketball game, Monday, Dec. 25, 2023, in Denver.  (AP Photo/David Zalubowski)

His $17.5 million annual value will be the highest ever given to a coach.

The 58-year-old Kerr recently won his 500th game and has guided Golden State to four championships with a star-studded roster led by Stephen Curry, Draymond Green and Klay Thompson.

The season has not gone as planned for the Warriors this season though - amid struggles, Thompson has been moved to the bench.

Green also was suspended indefinitely by the NBA due to repeated hard fouls and unruly behavior on the floor - before last season started, Green punched then-teammate Jordan Poole from point-blank range at practice.

But the struggles clearly do not outweigh the dynastic fortune the Warriors have had since the 2014-15 season, which was their first of four titles since then.

Golden State Warriors coach Steve Kerr shouts to players during the first half of the team's NBA basketball game against the Los Angeles Clippers in San Francisco, Wednesday, Nov. 23, 2022.  (AP Photo/Jeff Chiu)

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