The Warriors continue the offseason by keeping another member of the championship team for next season. According to Ramona Shelburne of ESPN, Golden State and Barbosa have agreed to terms on a one-year deal worth $2.5 million in the 2015-16 season.
Leandro Barbosa will return to the Warriors on a 1-year, $2.5 million deal— Ramona Shelburne (@ramonashelburne) July 6, 2015
Barbosa signed a one-year vet minimum deal last season and provided great value for Golden State as a microwave scorer and experienced veteran in a reserve role. The 'Brazilian Blur' averaged 7.1 points on 47% FG and 38% 3PT as one of the offensive weapons off the bench. In the Warriors' decisive Game 5 Finals victory, he contributed largely with 13 points.
With Barbosa's new contract onboard, Golden State's payroll for next year is projected to be over $100 million. Even if they shed David Lee's salary, Tim Kawakami of the Mercury News wrote yesterday that 'there is almost no way out of [the luxury tax]'. Kawakami and others added more on the luxury tax consequences of the agreement on Twitter after Barbosa was signed today:
The Warriors are looking at a $102M+ payroll for this season... pending DLee move and we'll see what else. That'd be a $54M tax bill.— Tim Kawakami (@timkawakami) July 6, 2015
Barbosa had non-bird rights. Most he could of got was 120% above his salary last year or 120% of his minimum this year. Or the Tax ML— Bobby Marks (@BobbyMarks42) July 6, 2015
Interesting decision since his non-bird rights was $1.79 and the tax ML was $2.5.— Bobby Marks (@BobbyMarks42) July 6, 2015
And... unless my roster math is wrong, Barbosa is likely the Warriors' 15th player. That's just about a wrap.— Tim Kawakami (@timkawakami) July 6, 2015
For more on what the Warriors are doing in free agency, check out our 2015 Warriors free agency section.