Why Andre Iguodala Turned Down $60M to Sign a Lower Deal with the Warriors

In 2013, Andre Iguodala signed a four-year, $48 million contract with the Golden State Warriors after declining a $60 million five-year deal from the Denver Nuggets to stay.

During his final season with the Nuggets, he averaged 13.0 points, 5.3 rebounds, and 5.4 assists across 80 games. According to Afro Tech, the squad was impressed with his performance and wanted to keep him.

However, Iguodala had other objectives. He wanted to leave the squad when his contract expired and become a free agent. According to ESPN, he was offered a $60 million five-year contract with a guaranteed $52 million to keep him. However, he declined the offer.

Upon becoming a free agent, he had offers from the Sacramento Kings and Golden State Warriors. The Kings gave him a $52 million four-year contract, while the Golden State Warriors offered $48 million for the same time period.

He apparently failed to respond swiftly to the Kings’ offer, prompting them to withdraw it, and he also turned down the Nuggets because he believed he deserved more from them based on his performance statistics.

“When I come out or go to free agency… On the “7PM in Brooklyn with Carmelo Anthony & The Kid Mero” podcast, Anthony stated that he compares his outstanding numbers, including game wins, points, assists, and rebounds.

“I am in the top five in the league for thefts. I consistently rank in the top five in my league. So, you have to be able to pull different statistics to place yourself in the situation because you’re bargaining and they want to pay you as little as possible.”

Iguodala’s decision to join Golden State paid off, as he went on to win four NBA championships and was awarded NBA Finals MVP in 2015, according to ESPN. He then announced his retirement from the game in a press statement in 2023, following 19 seasons.

The former NBA player was once asked why he accepted less money to join Golden State. He elaborated: “I didn’t see as more [money] It may be more from the team [perspective], but I didn’t see it as more from here because it was guaranteed.”

“Unguaranteed may sound bigger, but it isn’t. Similar to football. So, sitting down with my staff, we noticed something new,” he told The Denver Post.

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