Thunder, Cason Wallace agree to five-year, $139 million extension

7 sources • 1 min read • Latest: Oct 19, 2026, 4:03 AM

Last updated Oct 19, 2026

Thunder, Cason Wallace agree to five-year, $139 million extension
Summary

Cason Wallace and the Oklahoma City Thunder have finalized a five-year, $139 million extension to his rookie contract. The agreement comes just ahead of the deadline for players from the 2023 draft class to sign rookie scale extensions. Had they not reached a deal, Wallace would have faced playing the final year of his rookie contract on a team option before becoming a restricted free agent in the offseason. The Thunder retain a key player as they strive for a second NBA championship in three years.

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Status Watch
  • •Wallace agrees to a five-year extension valued at $139 million.
  • •The deal was finalized before the rookie extension deadline.
  • •Wallace would have been a restricted free agent without this contract.
  • •Oklahoma City aims for its second championship in three seasons.
Latest Updates
  • 4:38 AMESPN — Thunder agree to 5-year, $139M extension with guard Wallace
  • 3:45 AMYahoo Sports — NBA Twitter reacts to Cason Wallace's new contract with OKC Thunder
  • 2:40 AMYahoo Sports — Cason Wallace contract extension: OKC Thunder guard agrees to five-year deal, per report
  • 2:40 AMYahoo Sports — Report: OKC Thunder sign Cason Wallace to 5-year, $139 million contract extension
  • 2:35 AMYahoo Sports — Thunder, Cason Wallace reportedly agree to 5-year, $139M extension
What they're saying
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Cason Wallace and the Oklahoma City Thunder have agreed to a five-year, $139 million extension to his rookie contract, ESPN’s Shams Charania reports.

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Oklahoma City Thunder All-Defensive guard Cason Wallace agreed to a five-year, $139 million rookie-scale contract extension.

— ESPNby Tim MacMahon
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The OKC Thunder agreed to a five-year, $139 million rookie-scale contract extension with Cason Wallace on Sunday.

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