C.J. Watson has decided to pass on Golden State's three-year, $5.6 million extension and will sign for the qualifying offer worth just over $1 million, multiple sources confirmed to RealGM's Alex Kennedy.
Watson will play out the remainder of his contract and become a restricted free agent again next summer. Golden State could enter the season with as many as five point guards on their roster and playing time was a big factor in this decision.
The Warriors could come back with a higher proposal once they learn that Watson will sign for the qualifying offer.
Marcus Thompson of the Contra Costa Times reported on Monday evening that Golden State had increased their offer to $5.4 million over three years.
Last season, Watson averaged 9.5 points and 2.7 assists in 77 games with the Warriors.
Via Alex Kennedy/RealGM
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It appears as though guard C.J. Watson will stay with the Warriors.
Watson had been linked to the Magic in sign-and-trade rumors for a majority of the summer.
The guard told his Twitter followers that he'll be staying in Golden State.
Watson will likely sign the three-year, $4.5 million contract that the team offered him earlier this offseason.
Via Fan House
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Aug 31, 2009 11:28 AM EST
The Golden State Warriors have sign free agent big man Mikki Moore.
Moore's agent, Mark Bartelstein, told ESPN.com's Marc Stein on Monday that his client agreed to a one-year contract with the Golden State Warriors over the weekend.
Moore's deal is for the $1.3 million, the veteran minimum.
Via ESPN
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Warriors Aug 2009 Archive
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Dallasbasketball.com | Aug 30, 2009
Could Stephen Jackson be on his way to Dallas?
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DimeMag.com | Aug 28, 2009
Stephen Jackson made a surprise statement that he has requested a trade from the Warriors.
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Alex Kennedy/RealGM | Aug 22, 2009
Despite reports, point guard C.J. Watson remains unsigned.
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Alex Kennedy/RealGM | Aug 18, 2009
The Magic tried to get guard C.J. Watson in a sign-and-trade from the Warriors, but Golden State turned down an offer.
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Oakland Tribune | Aug 18, 2009
The Warriors have received a number of trade offers for guard C.J. Watson, but they intend to retain him.
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Alex Kennedy/RealGM | Aug 17, 2009
C.J. Watson has told RealGM he is unsure if he will take Golden State's three-year offer.
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Alex Kennedy/RealGM | Aug 17, 2009
Orlando's pursuit of C.J. Watson appears to be over.
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Contra Costa Times | Aug 16, 2009
Kelenna Azubuike knows that he could end up anywhere on the court heading into the 2009-10 season.
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ESPN | Aug 9, 2009
The Warriors acquired Devean George in a trade with the Raptors recently, and the veteran forward plans to contribute.
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Contra Costa Times | Aug 6, 2009
The Warriors nearly pulled off a trade for Amare Stoudemire earlier this offseason.
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Alex Kennedy/RealGM | Aug 5, 2009
The way the Warriors handle C.J. Watson's free agency can have ramifications down the road with Kelenna Azubuike.
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Alex Kennedy/RealGM | Aug 4, 2009
As a restricted free agent, C.J. Watson's patience has been tested this offseason.