Report: Warriors offer Barnes 4-year, $64M contract extension

The Golden State Warriors have offered forward Harrison Barnes a four-year, $64-million contract extension, reports Yahoo Sports' Adrian Wojnarowski.

While the Dubs' offer was declined, according to Wojnarowski, it underscored the team's willingness to keep Barnes - a key piece of their ever-evolving core - as they aim to fortify their position atop the much-improved Western Conference.

This latest development in the ongoing discussions between Barnes and the franchise that selected him with the seventh pick in the 2012 draft comes mere days after the 23-year-old changed agents.

The two sides now have until Oct. 31 to come to an agreement.

Should a long-term pact not be reached by the aforementioned deadline, Barnes will become a restricted free agent after the 2015-16 season.

Although the offer represents the Warriors' desire to lock up Barnes ahead of next summer's anticipated free-agent frenzy, if he were to hit the open market as a RFA, other teams would be able to bid aggressively for his services due to a rising salary cap, effectively driving up his price tag - something the Warriors' brass is hoping to avoid.

Barnes, who averaged 10.1 points and 5.5 rebounds last season for the 2015 NBA Champions, recently told the San Jose Mercury News' Diamond Leung that he is confident a deal will eventually come to fruition.

"This is my permanent residence year-round," Barnes said. "People always ask me why I don't go somewhere else. Oakland has been home for me. I definitely try to give back as much as I can."

With training camp around the corner, and the Oct. 31 deadline looming, it will be interesting to see if Barnes will be calling the Bay Area his home for at least four more years.