The Golden State Warriors are facing nearly a half-billion bill this season when it comes to salaries, plus tax penalties. The Indiana Pacers had plenty of room under the tax line to space. In the end, Indiana lent a helping hand to help Golden State save a bunch of money.
Here are the particulars:
Golden State Warriors acquire: 2024 second-round pick
Indiana Pacers acquire: Cory Joseph, 2025 Hornets second-round pick, Cash Considerations
Let’s dive in!
Golden State Warriors
Incoming salary: None
- None
Outgoing salary: $2.0 million
- Cory Joseph (PG, one year, $2.0 million)
This trade was all about saving money for the Warriors. Even though Joseph’s veteran minimum salary was for only for just over $2 million, Golden State saved over $13 million because of how deep they are into the luxury tax, as a tax repeater. Even if you offset what they paid Indiana to cover Joseph’s deal, that’s worth it.
And, for what it’s worth, the Warriors got a 2024 second-round draft pick in this deal, albeit a likely late one. Considering they’ll need to fill out their roster through the draft and minimum signings, assuming they stay a second apron team next year, that’s not nothing.
Indiana Pacers
Incoming salary: $2.0 million
- Cory Joseph (PG, one year, $2.0 million)
Outgoing salary: None
- None
Indiana got cash to cover eating Joseph’s contract. And they swapped a not-great 2024 second-round pick for what should be a pretty good 2025 second-round pick. Sometimes it pays to be a helpful partner in a trade.
The Pacers waived Cory Joseph after completing this trade.