Yesterday, 06:26 AM
(This post was last modified: Yesterday, 06:42 AM by HoosierDaddyKid.)
San Antonio Spurs star Victor Wembanyama has agreed to a five-year, $252 million maximum rookie-scale contract extension. The deal includes a player option in the fifth season, sources said. Wembanyama decided on the 25% maximum instead of the 30% supermax escalators to $303 million after he and the Spurs went through multiple frameworks, sources said. The deal could potentially save the Spurs roughly $50 million over the next five years. With no escalators in his new contract, Wembanyama's deal is the third-largest rookie extension in NBA history, behind the Pistons' Cade Cunningham and the Cavaliers' Evan Mobley, who each have five-year extensions worth $269 million. San Antonio worked in close partnership with Wembanyama and his representatives, offering the full super max and different variations of extensions, according to sources. But Wembanyama ultimately chose a contract sacrifice rooted in giving him and the organization increased ability to build a sustained title contender around him. Difference in year 1: 25% max $43.5M; 30% max $ 52.2M. San Antonio has Stephon Castle extension-eligible next summer and Dylan Harper in 2028.