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Warriors balancing $40M tax savings against playoff depth insurance while Anderson's injury timeline remains uncertain through February 6 deadline.
$27M
two-year deal signed last summer
32
has appeared in just
18 of 45
games this season while managing recurring lower back inflammation…
47%
from three and provided secondary playmaking
The Golden State Warriors are evaluating whether to retain veteran forward Kyle Anderson through the remainder of his $27M two-year deal signed last summer, according to league sources familiar with the team's roster planning. Anderson, 32, has appeared in just 18 of 45 games this season while managing recurring lower back inflammation that has kept him sidelined for multi-week stretches since November.
Anderson joined Golden State on a two-year, $27M contract in July 2024 after a productive stint with Minnesota, where he shot 47% from three and provided secondary playmaking. The Warriors structured the deal with a $13.5M player option for next season, creating a natural exit point if both sides determine the fit isn't working. Through his limited minutes this season, Anderson is averaging 4.2 points and 2.8 assists in 14.6 minutes per game, well below the 22 minutes Golden State projected when they signed him as rotation insurance behind Draymond Green.
The decision carries second-order effects beyond roster construction. Golden State's luxury tax bill is projected at $186M for this season, third-highest in the league. Moving Anderson before the February 6 trade deadline would save ownership roughly $40M in combined salary and tax, though finding a trade partner willing to absorb his contract without sending back salary proves difficult given his injury history. Waiving him accomplishes the same tax savings but yields no return asset. The Warriors are also monitoring how Anderson's absence affects their ability to manage Green's minutes—he's averaging 31.2 per game, up from 28.5 last season—which matters more in a playoff race where Golden State sits fifth in the West at 25-20.
What complicates the calculus is Anderson's playoff value if healthy. He defended Nikola Jokić effectively in the 2023 Western Conference Finals with Minnesota, and Golden State's front office viewed him as specific insurance against Denver and the Lakers. But he hasn't played since January 3, and team medical staff cannot project a firm return timeline. Meanwhile, Golden State's younger forwards—Moses Moody and Jonathan Kuminga—are forcing their way into crunch-time rotations, narrowing the minutes available even if Anderson returns.
Watch whether Anderson travels with the team on the upcoming five-game road trip beginning January 20. Non-traveling players on injury management protocols typically signal internal decisions have been made. Also watch the February 6 trade deadline for any Golden State conversations around absorbing a smaller contract in exchange for a second-round pick—the team lacks a 2025 first-rounder after trading it to Memphis in the Gary Payton II deal. If Anderson is moved, the Warriors will need to address their backup forward depth, likely through the buyout market where veteran minimums don't trigger additional tax penalties.
Anderson's agent met with Warriors management last week in San Francisco. He declined a $9.5M player option with Minnesota last summer, betting on a larger role in Golden State. Now both sides are deciding whether to force the relationship through June or part before the playoff stretch begins.
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