During the Warriors' down years -- or decades, rather -- they signed a lot of bad contracts.
Corey Maggette and Derek Fisher come to mind. Adonal Foyle continues to be affiliated with and do important work for the franchise, but he's included on that list, too.
Throughout their recent dynastic run, however, the Warriors didn't have any albatrosses on their balance sheet. They had several huge salaries, yes, but the players signed to them were worth it.
Andre Iguodala was one of those players, having signed a four-year, $48 million contract with Golden State upon arriving in a three-team trade in 2013. He signed another three-year, $48 million contract with the Warriors at the conclusion of that deal, of which he currently is in the final year of while playing for the Miami Heat.
Considering the Warriors never missed the playoffs during Iguodala's tenure with the team, reached five straight NBA Finals, won three championships and set the regular-season record for wins, both of those contracts were money well spent.
And yet, Bleacher Report's Greg Swartz listed Iguodala's second contract as the Warriors' worst free-agent signing of the last decade.
Huh?
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To be fair, Swartz's entire premise was built off a methodology in which he broke down the contract value of the time that player spent with the team into cost per win share. Before Golden State traded Iguodala to the Memphis Grizzlies last offseason, he earned $30.8 million of that $48 million total with the Warriors.
Dividing that $30.8 million by Iguodala's total win shares over those two seasons, you get a value of $4.2 million in cost per win share.
Iguodala averaged 5.9 points, 3.8 rebounds, 3.2 assists and 0.9 steals over those two seasons, so on paper, his production didn't match his salary. However, looking at it through that limited scope completely ignores Iguodala's contributions that didn't end up on the stat sheet.
Throughout his career, Iguodala always has been more valuable than his stats might appear. Ask anyone who he played with on the Warriors or the coaching staff, and they'll rave about everything he provided.
In those two seasons that Iguodala spent with Golden State on the second contract, the Warriors won one NBA championship, and quite likely would have won a second had Kevin Durant and Klay Thompson not sustained serious season-ending injuries in the 2019 NBA Finals.
I'd say that alone proves Iguodala's contract was well worth it.
But that's not all.
In trading Iguodala to the Grizzlies, the Warriors received a huge $17.2 million trade exception that expires on Oct. 24. With that trade exception, Golden State could acquire any player whose 2020-21 salary is of equal or lesser value.
[RELATED: Warriors Twitter Roundtable: Ideal trade exception targets]
That trade exception arguably is the Warriors' top non-player asset at the moment, right up there with their top-five 2020 first-round draft pick and the Minnesota Timberwolves' top-three protected 2021 first-round pick. In theory, Iguodala's contributions to Golden State haven't yet concluded.
Sure, Iguodala's second contract might seem exorbitant when broken down into win shares. But if that's the worst free-agent contract the Warriors signed over the last decade, it just goes to show how monumental of a turnaround the franchise has undergone.
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