The Golden State Warriors have reached agreement on multi-year contract extensions with Bob Myers as president of basketball operations and Rick Welts as president and chief operating officer.

Myers joined the Warriors in April of 2011 as assistant general manager. Myers became general manager in 2012.

Welts was hired by the Warriors after leaving the Phoenix Suns in 2011.

Marcus Thompson of The Athletic reports Myers is now "probably the highest" paid executive in the NBA and certainly "one of the highest paid."

Thompson also reports Myers had multiple years remaining on his previous deal.