Despite just winning their third NBA Championship of the past four seasons this week, there are plenty of challenges still ahead for the Golden State Warriors over the next year as they have many contract extensions to consider.

Alongside a due contract extension for their head coach Steve Kerr, the Warriors must decide what kind of deal they're going to give Kevin Durant, and they also must come to a decision over the futures of Klay Thompson and Draymond Green.

While Durant has been a key part of Golden State's success over the past two years, Thompson and Green haven't been as pivotal towards the team's success despite being important pieces on the court. 

Extensions

Still, although they're not as important, the Warriors don't want to lose them, as the team's owner, Joe Lacob, has said he is planning to offer extensions to the shooting guard and the forward this summer. 

Lacob told ESPN.com's Ramona Shelburne: "All good things cost a lot. We're going to try to sign Klay and Draymond to extensions this summer. They've earned the right to do whatever they want; maybe they want to wait until free agency. I can't control that. But we'll do whatever we can to keep them."

As for the players themselves, Thompson is set to become an unrestricted free agent in the summer of 2019. The three-time champion has stated he wants to play for the Warriors for the remainder of his career, but his father, Mychal Thompson, has indicated that an extension won't be happening this summer.

The reason behind this is because an extension for Thompson this summer would pay out $102 million, while a max contract in the summer of 2019 could net him $187.9 million.

Green is in the same boat, as he would be forfeiting a huge amount of money if he signed an extension now instead of waiting until he becomes an unrestricted free agent. Lacob has said though whatever happens, the Warriors will be doing what's best to improve the team for the future.

"We've proven that if we think we're competing for a championship, we'll be in the luxury tax. No one wants to be, but we expect to be. All I can tell you is we're going to sit down and do our planning on how we're going to improve the team for the future and setting ourselves up in the future. And it could go a number of different ways."

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