Victor Wembanyama and the San Antonio Spurs have agreed to a five-year, $252 million rookie scale contract extension with a player option for Year 5.
The extension is at 25 percent of the salary cap instead of opting to be eligible for a 30 percent extension worth $303 million over the same five-year period. Even if Wembanyama qualifies for the escalator by making an All-NBA team or winning Defensive Player of the Year, he has given up the opportunity for the higher value contract.
By comparison, Wembanyama will earn $43.5 million in the first season of his contract compared to $52.2 million had he signed for the 30 percent max.
Wembanyama and the Spurs worked closely together on various scenarios with this one giving the front office more flexibility to build a sustainable roster around him.
San Antonio will have critical extension discussions with Stephon Castle in 2027 and with Dylan Harper in 2028 with Wembanyama establishing a precedent within the franchise.
The Spurs offered Wembanyama the opportunity to sign for the full 30 percent max.
Jalen Brunson similarly signed a reduced contract with the New York Knicks that has helped them maintain their supporting cast around him.
Wembanyama appeared in 64 regular season games last season, averaging 25.0 points, 11.5 rebounds, 3.1 assists, 1.0 steals and 3.1 blocks with a PER of 29.4. Wembanyama finished third in MVP voting and unanimously won Defensive Player of the Year.
Wembanyama went on to lead the Spurs to the NBA Finals. During the playoffs, Wembanyama averaged 23.8 points, 10.9 rebounds, 2.7 assists, 1.0 steals and 3.5 blocks with a PER of 27.4.
Wembanyama is represented by Bouna Ndiaye.










