The market for speculating on which team NBA star Stephen Curry will play for has seen significant activity, with traders generating $3.5 million in volume on the prediction market site Kalshi. This surge in activity comes amid a slow period in the NBA offseason and is fueled by speculative trade scenarios circulating online.
The Golden State Warriors are the favorites to retain Curry, with the market giving them a 91 percent chance. Other teams drawing interest from traders include the Boston Celtics (6 percent), San Antonio Spurs (3 percent), and Charlotte Hornets (2 percent). These odds reflect made-up trade proposals that have gained traction on the internet.
Recent discussions on podcasts and articles have highlighted hypothetical trades involving Curry. For instance, conversations have included potential moves to the Spurs or Hornets. Separately, a Celtics-focused article proposed a trade sending Curry to Boston for Paul George and Sam Hauser. Both instances reportedly saw a spike in trading volume for the respective teams on Kalshi within 24 hours of their publication.
Despite the speculative trading, a trade involving Curry, who has been with the Warriors since being drafted in 2009 and has won four championships with the team, would be a monumental event in NBA history. Curry has expressed a desire to retire with the Warriors. The team has not made significant moves to bolster its roster this offseason outside of the draft, and they missed out on signing LeBron James in free agency. The ongoing speculation suggests that further fabricated trade scenarios could continue to influence the market as the summer progresses.