Chris Paul

Warriors waive CP3 after only one season, making him a free agent

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NBC Universal, Inc. NBC Sports Bay Area’s Monte Poole and Dalton Johnson break down the latest news that former Golden State Warriors guard Chris Paul has agreed to a one-year contract with the San Antonio Spurs in NBA free agency.

The Chris Paul era is over for the Warriors.

Golden State is waiving the 39-year-old point guard Sunday, and he will enter NBA free agency, The Athletic's Shams Charania reported, citing sources.

The Warriors later confirmed the move, and Paul reportedly agreed to a one-year, $11 million-plus contract with the San Antonio Spurs hours later.

The Warriors' original deadline to determine if they would pick up Paul's $30 million team option for the 2024-25 NBA season was Friday, June 28, but both parties agreed to push it back to Sunday as Golden State tried to work on trade packages including him.

After the Warriors acquired Paul last year from the Washington Wizards for a trade package that included former first-round draft pick Jordan Poole, the 39-year-old was a key bench player, averaging 9.2 points and 6.8 assists per game in 58 appearances. But $30 million is a lot to pay for a backup, even one of Paul's caliber.

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