Richardson agreed to a six-year deal worth between $70 million and $71 million and Murphy agreed to a six-year, $60 million contract, a source close to the negotiations told ESPN Insider Chad Ford. Both deals were fully guaranteed and contained no deferred money.
Chris Mullin, the new Warriors executive vice president of basketball operations, has now signed more than $200 million worth of contracts this summer in his effort to turn the Warriors into contenders. Earlier this summer, he resigned Adonal Foyle to a five-year, $40 million contract and free agent Derek Fisher to a six-year, $37 million dollar deal.
The Warriors faced a Sunday night deadline to get the extensions done but received extra time from the league and completed the deals Monday afternoon.
"With the talent we have now, and with Troy and Jason, our goal
is to make the playoffs," said Mullin, who has been focused on
re-signing the two for some time. "If we stay healthy, we have a
legitimate shot to do that. ... The plan all along was to re-sign
these guys and retain our young talent."
Both players would have been eligible to be restricted free
agents after the season if they hadn't signed the extensions.
Golden State opens the season Wednesday night at home against
the Portland Trail Blazers.
"I think this is going to make it a lot easier to go out and
focus on basketball," said Richardson, who led the Warriors in
scoring at 18.7 points last season, while also averaging 6.7
rebounds and 2.9 assists in a team-high 37.6 minutes per game. "We
both came in together in 2001 and liked it here, loved the fan
base. We believed we could turn this franchise around."
Richardson is one of the more electrifying players in the
league, winning the dunk contest in 2002 and 2003. He is the only
player other than Michael Jordan to win the dunk contest in
Richardson, the fifth overall pick out of Michigan State in
2001, has averaged 16.2 points and 5.2 rebounds per game in his
Murphy is coming off an injury-plagued season, playing only 28
games because of a deep bone bruise in his right foot and stress
reaction in his right ankle. He averaged 10.0 points and 6.2
rebounds per game.
The previous year, the 6-foot-11 forward showed why the Warriors
made him the 14th overall pick out of Notre Dame in the 2001 draft,
averaging 11.7 points and 10.2 rebounds per game.
Keeping the two is a key step in the rebuilding process for a
franchise that missed the playoffs for the 10th straight season in
"I think by signing Jason and myself we definitely have the
ability to take this team to the playoffs and deep into the
playoffs," Murphy said. "It's definitely good to get it out of
the way and not have to think about it. I think we were optimistic
up to the deadline something would get done and it did get done."
Both players told their agent, Dan Fegan, they wanted to go
elsewhere if they didn't get an extension, the San Francisco
Chronicle reported Monday.
Mullin said that didn't affect his decision.
"These negotiations have been going on and were further along
than probably they knew," Mullin said. "I didn't see that and it
had no affect on what was really happening."
Golden State finished 37-45 last season and Mullin fired coach
Eric Musselman after the season. Former Stanford coach Mike
Montgomery was hired to replace Musselman and is expected to build
Information from The Associated Press was used in this report.