"We're excited to have Steve under contract and poised to lead our team for the next several years," said Warriors President of Basketball Operations/General Manager Bob Myers via a team release. "Under his guidance, we've been fortunate enough to win three NBA titles in four years and his ability to thrive in all facets of his job is certainly a primary reason for our success. He's a terrific coach, but more importantly an incredible human being."
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Kerr was on the final year a five-year, $25 million deal that was signed in 2014. Since putting pen to paper with the Dubs, Kerr has led the team to four-straight NBA Finals appearances and three NBA Championships. He is just the third coach in NBA history to win three titles in the first four seasons with a team, and has the highest winning percentage in postseason history (63-20, .759) according to Elias Sports Bureau.
Despite the All-Star-studded roster the 52-year-old head coach leads, his tenure in Golden State hasn't been without challenges. There was uncertainty at times whether or not Kerr was long for this position after complications from a back surgery led to him missing 54 games -- 11 of which in the postseason -- during the 2016-17 season. Kerr was able to return to the bench in time to lead the Warriors to a championship in the NBA Finals that year, and hasn't missed a game since, which gave him the necessary confidence to agree to join the Warriors for additional seasons. Of course, the Warriors were more than happy to have him.
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Kerr has led the Warriors to a 265-63 record, the best four-year stretch in NBA history, and it was only a matter of time before this deal was agreed upon. Per team policy, the financial terms of the deal have not been released.