The Golden State Warriors guaranteed center Kevon Looney's $8 million contract for the 2024-25 season on Monday, sources told ESPN.

Before Monday's deadline, only $3 million on Looney's deal was set in stone. It's the final season of his three-year $22.5 million deal.

While this keeps Looney on the Warriors' roster for now, sources told ESPN he could be part of a trade package depending on how Golden State's roster changes through free agency.

With Looney's now guaranteed deal and the $30 million non-guaranteed contract of guard Chris Paul, Golden State has $175 million in salary. The guarantee date for Paul is June 28.

Looney, who has been with the Warriors since he was drafted by the organization in 2015, has become one of Steve Kerr's most trusted veterans on and off the floor. His voice in the locker room has become one of the most respected over the past two years -- especially through the number of hard moments the team has faced.

On the court, Looney fell out of the rotation in the middle of last season as rookie Trayce Jackson-Davis emerged as a key player. But Looney was still relied upon in veteran matchups against some of the league's top centers.