Chris Paul

Report: CP3 agrees to one-year Spurs contract with massive pay cut

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Chris Paul didn't last long in NBA free agency.

The former Warriors point guard, whom Golden State waived Sunday, agreed to a one-year, $11 million-plus contract with the San Antonio Spurs just three hours later, ESPN's Adrian Wojnarowski reported, citing sources.

Chris Haynes of TNT and Bleacher Report was first to report that Paul intended to sign with the Spurs, noting Sunday that the 12-time All-Star point guard and Spurs coach Gregg Popovich had a "great" conversation.

Paul's reported agreement with San Antonio is $19 million less than he would have been paid by Golden State for the 2024-25 NBA season.

Paul should provide a young San Antonio team with a proven facilitator after he served a key role on the Warriors' bench last season. "The Point God" averaged 9.2 points and 6.8 assists per game in 58 appearances with Golden State, and now he'll likely start alongside second-year San Antonio phenom Victor Wembanyama.

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Free agency is well underway, and while the Warriors opted not to pay Paul the $30 million he was due in 2024-25, it's clear one of their Western Conference opponents sees value in the probable Hall of Famer. The Spurs landed him for much cheaper, however, and now Paul will look to prove he remains one of the league's top guards.

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