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Report: Warriors stretch Shaun Livingston’s contract

According to a report, the Golden State Warriors have waived point guard Shaun Livingston. The veteran was owed $2 million, but his contract would be guaranteed at $7.7 million if he were still on the team by Wednesday.

The news was first reported by ESPN’s Adrian Wojnarowski.

Sources: Warriors are waiving guard Shaun Livingston, who is guaranteed $2M of his $7.7M salary for season. Livingston, 33, is determined to continue playing and becomes one more valuable free agent candidate for contenders. He’s won three NBA titles and reached five Finals.

— Adrian Wojnarowski (@wojespn) July 10, 2019

According to The Athletic’s Anthony Slater, the Warriors are stretching Livingston’s contract, meaning the $2 million will be paid out over the next three seasons.