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Report: Warriors stretch Shaun Livingston’s contract

The Warriors have officially waived the veteran point guard.

2019 NBA Finals - Toronto Raptors v Golden State Warriors Photo by Andrew D. Bernstein/NBAE via Getty Images

According to a report, the Golden State Warriors have waived point guard Shaun Livingston. The veteran was owed $2 million, but his contract would be guaranteed at $7.7 million if he were still on the team by Wednesday.

The news was first reported by ESPN’s Adrian Wojnarowski.

According to The Athletic’s Anthony Slater, the Warriors are stretching Livingston’s contract, meaning the $2 million will be paid out over the next three seasons.

Stretching Livingston’s contract was necessary for the Warriors, given their financial situation. Had they waived him outright, they would not have been able to stay under the hard cap.

During the season, Livingston hinted at retirement if the Warriors waived him. However, Wojnarowski reports that he’s committed to playing next season.

The 33-year old played five years with the Warriors, and averaged 5.4 points, 2.0 rebounds, and 2.4 assists per game. He was a key part of three championship teams.

This news has been a foregone conclusion for quite some time, but will still be met with sadness by many Warriors fans.

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