WNBA MVP and all-star Breanna Stewart agreed to a one-year non-guaranteed below-maximum deal on Monday to return to the New York Liberty.

Taking the below-maximum deal allows the Liberty to keep their starting lineup intact – the same starting lineup that reach the 2023 WNBA Finals before losing to the Las Vegas Aces. The contract was first reported by Shams Charania of The Athletic. The Liberty had already given Stewart a core designation in January. Under the core designation, Stewart was only allowed to negotiate a new contract with the Liberty. Stewart had the option to receive the full supermax salary with a one-year core tender but opted for a payout less than the maximum, according to Charania.

By accepting a deal below the supermax salary, Stewart has provided the Liberty with greater financial leeway. Her choice, though it comes at a personal financial cost, strategically positions the team  by allowing for the recruitment of more players. With Stewart's re-signing, the Liberty not only keep a two-time MVP on their roster but also create room under the salary cap to bring in more talent.

In her debut season with the Liberty, Stewart posted a career-best average of 23 points per game, along with 9.3 rebounds, 3.8 assists, 1.5 steals and 1.6 blocks, with shooting percentages of 46.5% from the field, 35.5% from beyond the arc and 85.1% from the free-throw line.

Breanna Stewart signed with the Liberty during the WNBA free agency period last offseason after spending the first six seasons of her career with the Seattle Storm. The double WNBA MVP and Finals MVP will return to a squad featuring Sabrina Ionescu and Jonquel Jones.

The WNBA's 2024 regular season kicks off on May 14.