The Golden State Warriors have reached two key contract extensions with Jordan Poole and Andrew Wiggins, reported ESPN, which learnt the details from their agents on Saturday.

Poole got a four-year, $140 million deal, according to his agents Drew Morrison and Austin Brown of CAA Sports. Wiggins received a four-year, $109 million deal, according to his agents Drew Morrison and Steven Heumann of the same company.

Both Poole and Wiggins are in the final year of their current contracts. Wiggins' extension includes a player option for the 2026-27 season. His annual salary for the coming 2022-23 season is over $33.6 million, meaning that he accepted a big pay cut in his new deal.

Having been traded by the Minnesota Timberwolves to the Warriors in February 2020, Wiggins averaged 18 points and 4.7 rebounds in 156 regular season games in all of which he started.

Stats don't tell the whole story of Wiggins' role in the Warriors, especially during the 2021-22 season. He was responsible for guarding the opponents' ace in most games. Both Luka Doncic of the Dallas Mavericks and Jayson Tatum of the Boston Celtics had a hard time when they had to face Wiggins in the playoffs. Moreover, have been criticized for not wasting his athleticism for years, Wiggins did surprisingly well last season in grabbing offensive rebounds and charging the paint.

In return for his great performance, Wiggins was named the NBA All-Star for the first time last season and won his first championship. He has good reasons to stay in the Warriors which need him badly as well.

Poole's extension seems a little overpriced but it's more like an investment in his future by the Warriors. He averaged 18.5 points and four assists in 76 regular season games for the team. Before Klay Thompson came back from injury in January, Poole was the Warriors' second scoring option. Considering that it's only his third NBA season and he was still on the edge of the team's main rotations last season, Poole's growth is excellent enough for the Warriors to believe in his potential.

Moreover, keeping Poole with a long deal will grant the Warriors at least a smooth transition from Stephen Curry's era until they find a new leader. Curry, 34, should be able to age "slowly" thanks to his shooting ability and good habit of playing without the ball. However, his history of ankle injuries and the fact that he had to put on more muscle to improve defense last season remain as hidden risks for his health and the team's future.

After reaching extensions with Poole and Wiggins, the Warriors are likely to see their payroll of salaries and luxury tax combined reach $483 million for the 2023-24 season, according to ESPN. Draymond Green's salary for that season will be $27.6 million and he has the player option.