Kevon Looney will not be testing free agency this summer.
The Warriors big man is exercising his option for 2021-22 worth just under $5.2 million, sources told ESPN's Adrian Wojnarowski.
This means that Looney -- who signed a three-year, $14.5 million contract in 2019 -- is slated to become an unrestricted free agent after the 2021-22 season ends.
The 25-year-old averaged 4.1 points, 5.3 rebounds and 2.0 assists in 61 games (34 starts) last season.
Looney is a valuable rotation player and is a favorite of coach Steve Kerr.
The No. 30 overall pick from the 2015 draft in mid-May was asked if he believes Steph Curry will buy him a gift for registering a bunch of screen assists that helped the two-time NBA MVP win the scoring title.
“If Steph wants to give me something, he can get me a new contract," Looney said to The Athletic's Marcus Thompson while laughing. "I’ll take one of those.”
It looks like that will have to wait another year.
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