Warriors waive Chris Paul ahead of contract guarantee date, veteran becomes unrestricted free agent

Paul had a $30 million guarantee on Sunday

By Jack Maloney Jun 30, 2024 at 6:39 pm ET• 1 min read

The Golden State Warriors have waived veteran point guard Chris Paul ahead of his $30 million contract guarantee date on Sunday, according to The Athletic's Shams Charania. As a result, Paul will now be an unrestricted free agent and is free to sign with any team. 

In the weeks and months leading up to the start of free agency, there had been much speculation about Paul's future in the Bay Area. 

Given his waning production and the Warriors' already expensive roster, it was always unlikely that he would be on the team next season at $30 million. However, the team could have guaranteed the contract in order to use it in a trade as a matching salary. Now that he's waived, that is no longer a possibility. There is, however, a chance that he could re-sign with the Warriors on an less expensive deal, though it remains unclear if either party wants to continue the relationship, or if Golden Sate can logistically speaking.