August 1: A month after agreeing to terms with the Warriors, Melton has officially completed his new deal, per NBA.com’s transaction log. He was re-signed using the taxpayer mid-level exception, hard-capping Golden State at the second tax apron.
July 1: The Warriors are re-signing De’Anthony Melton, according to ESPN’s Shams Charania (Twitter link), who hears from sources that the free agent guard has agreed to a two-year, $11MM contract that will feature a second-year player option.
Melton winds up with a modest raise for the 2026/27 season after declining his $3,451,779 player option on Monday. A report last week indicated that he was likely to leave the Warriors in free agency, with Phoenix being considered as a potential destination. Instead, he’ll return as a valuable component for a team that hopes to get back into title contention.
Melton was still recovering from ACL surgery when the season began, which limited his effectiveness during the first couple of months. He wound up averaging a career-high 12.3 points, 3.2 rebounds, 2.6 assists and 1.6 steals in 23 minutes per game across 49 appearances, including 24 starts.
While Melton shot a career-best 50.5% on two-pointers last season and a solid 82.6% on free throws, he struggled from beyond the arc, converting just 29.4% of his three-point tries. He had made 38.3% of his threes in the five seasons leading up to ’25/26.
Melton’s contract will fit into either the bi-annual exception or the taxpayer mid-level exception, depending on how the rest of Golden State’s offseason plays out.