This is usually the day Warriors fans circle on their calendars. The day they get their annual shot of hope picturing the next Chris Mullin, Tim Hardaway or Mitch Richmond strutting across the stage at the NBA Draft, putting on a blue and gold cap.
Over time, the disappointment sets in, though, as the likes of Joe Smith, Todd Fuller and Patrick O'Bryant induct themselves into the Warriors' draft-day Hall of Shame.
But times are changing at Oracle Arena and the Warriors aren't looking to the draft to save the franchise this year. On the eve of the draft, the team was actually without a pick, which shouldn't be cause for panic because it has put together a solid nucleus by landing Stephen Curry, Klay Thompson and Harrison Barnes in three of the last four drafts.
That's right, it's draft day and the Warriors are in decent shape — you didn't wake up in the Bizarro World. This isn't to say, however, that general manager Bob Myers doesn't have work to do this offseason.
The Warriors have built a foundation, but it's fragile, perched on the wobbly ankles of Curry and Andrew Bogut.
At this point, it's unclear whether either of these players will be able to suit up for the entire 82-game season next season, which is unfortunate because the Warriors look filthy when both of these guys are going full throttle. Making matters worse, the team could be losing the two players capable of absorbing the loss of Curry and Bogut.
Carl Landry opted out of the final year of his contract with the Warriors on Wednesday, putting the team's frontcourt in question if he doesn't re-sign. Landry played 81 games for the Warriors last season, averaging a valuable 23.2 minutes a night, often finishing out games in the fourth quarter.
The Warriors will also be without Festus Ezeli for six to nine months as he recovers from knee surgery, which could mean that David Lee, coming off his own injury, and Andris Biedrins will be starting up front if Bogut pops in and out of the lineup again.
The backcourt is in question, too, with Sixth Man of the Year candidate Jarrett Jack also set to test the free-agent market. Jack proved he's more than capable of being a starting point guard last season and it's fair to assume that someone will be willing to pay top dollar to bring him in.
Curry managed to play 78 games last year, but his ankles will always raise concerns, so they need a competent backup, like Jack, as an insurance policy.
The good news is that neither Jack nor Landry were on the roster at this point last season. They were brought in via free agency and the front office is capable of finding more gems in the rough, especially now that Oracle Arena is an attractive destination.
Myers says he's preparing for the draft as if the team has a pick, but, realistically, the Warriors aren't going to find a suitable replacement for Jack or Landry today without giving up a key piece in return.
Fortunately, the Warriors don't have to find a savior today; they just need to bring in support over the summer.
Paul Gackle is a contributor to The San Francisco Examiner. He can be reached at firstname.lastname@example.org and followed on Twitter @GackleReport.