Victor Wembanyama, San Antonio Spurs agree on 5-year extension that could top $250M, AP source says
Summary
Victor Wembanyama and the San Antonio Spurs have agreed on a five-year contract extension that could be worth over $250 million if all options are used. Wembanyama accepted a lower total amount than he could have gotten to help the Spurs manage their team's future salaries.Key Facts
- Wembanyama's new contract is the biggest in Spurs history.
- The deal is for five years and could be worth more than $250 million.
- The final season includes a player option, which means Wembanyama can choose to stay or leave.
- Wembanyama could have signed for more than $300 million but chose less.
- The lower contract helps the Spurs keep flexibility for their younger players’ future contracts.
- Wembanyama was a key player in the Spurs’ recent run to the NBA Finals.
- He was named Defensive Player of the Year unanimously.
- The Spurs officially described the contract simply as a “multi-year contract extension.”
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