Myers' contract with the team was set to expire at the end of the 2014-15 season.
Myers, 39, has been with Golden State since April 2012 after replacing Larry Riley as GM.
Before arriving in Golden State, Myers was a sports agent at the Wasserman Media Group. According to the report, the team is also discussing an extension with executive board member Jerry West, whose deal will end next summer.
- Scooby Axson