SAN FRANCISCO – The Warriors cut one of the NBA’s best marksmen, and superstar Steph Curry’s younger brother, in a widely expected move.
Golden State, who had signed Seth Curry as the 15th man on the roster during training camp, announced it had let him go on Saturday morning.
Per NBA finance expert Keith Smith of Spotrac, Seth Curry’s contract was an exhibit 9 deal, which did not count against the salary cap after training camp. Had the team kept him on the roster after 5 p.m. on Saturday, the Warriors would have been required to cut or trade a player to make room for him.
ESPN’s NBA cap expert Bobby Marks reported that the Warriors can sign Curry, or any other player, to a veteran minimum deal on or after Nov. 11 while staying under the second apron of the salary cap.
If a teams’ cumulative salary exceeds the second apron, which is $207.8 million, the franchise is hit with a series of heavy restrictions when it comes to adding additional players or draft picks. Per Spotrac, the Warriors are now $2,019,570 under the second apron.
General manager Mike Dunleavy alluded to this inevitable move during his preseason press conference a few weeks ago.
“There’s some cap and apron stuff that we’ve got to deal with, but that’s something for our strategy team to figure out,” Dunleavy said.
Seth Curry did not play during the preseason. Last season, he led the league by making 45.6% of his 3-point shots in Charlotte.
The Warriors also waived rookie guard LJ Cryer, who had made a name for himself as a fourth quarter gunner.
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