Golden State Warriors restricted free-agent forward Jonathan Kuminga is reportedly the subject of substantial contract offers as discussions for a sign-and-trade intensify. According to sources including Shams Charania and Anthony Slater from ESPN, the Warriors have engaged in sign-and-trade negotiations with both the Sacramento Kings and the Phoenix Suns. A reported contract offer made to Kuminga approached nearly $90 million over four years, with a player option included for the final year. The origin of this offer remains unspecified, but indications suggest that the Suns have made the most enticing proposal to date.

Further updates from Charania mentioned that the Kings have offered the Warriors a conditional first-round pick along with a rotation player. However, the Warriors are reportedly seeking an unprotected first-round pick in any potential deal. In addition, ESPN's Marc J. Spears shared details of the Suns' offer, which purportedly includes players such as Royce O'Neale, Nick Richards, and four second-round picks. Despite the ongoing trade discussions, the Warriors have expressed reluctance regarding the returns offered by both Sacramento and Phoenix, leading to speculation that they may retreat from sign-and-trade negotiations altogether.

With Kuminga remaining under team control following a qualifying offer from Golden State, the Warriors are not obliged to trade him. Should they decide to halt the current trade discussions, they would likely retain Kuminga on the roster for the 2025-26 season under the one-year, $7.9 million qualifying offer or a separate two-year offer they have extended. Although Kuminga could attempt to force a trade by refusing to sign, such actions could result in significant financial losses. The 22-year-old was initially the seventh overall pick in the 2021 NBA Draft and showcased marked improvement during the 2023-24 season, averaging 16.1 points, 4.8 rebounds, and 2.2 assists per game with a shooting percentage of 52.9%. Kuminga's performance in the playoffs further illuminated his potential, as he averaged 24.3 points with a notable 55.4% shooting clip in the absence of Stephen Curry. This strong showing hints at Kuminga's ability to excel in an increased role, though the Warriors' core featuring Curry and Jimmy Butler may influence his playing time moving forward.