Trae Young opts out of $49 million contract with Wizards

Yahoo Sports • 1 min read • Latest: Jun 18, 2026, 3:06 AM

Last updated Jun 18, 2026

Trae Young opts out of $49 million contract with Wizards
Summary

Trae Young has reportedly declined his $49 million player option for the 2026-27 NBA season. The star guard, who was traded to the Washington Wizards on January 9, plans to explore free agency and is expected to receive multiple max contract offers. Young faced backlash from fans who questioned his decision to reject a substantial guaranteed amount, with some expressing disbelief that he could secure a better deal. The guard dealt with a knee injury earlier this season, limiting him to 15 games, but he is looking to bounce back in 2026.

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Status Watch
  • •Young declined a $49 million player option for next season.
  • •He was traded to the Washington Wizards on January 9.
  • •Young averaged 15.2 points in five games after joining the Wizards.
  • •He faced criticism from fans regarding his contract decision.
  • •A knee injury limited him to 15 games last season.
Latest Updates
  • 10:02 AMYahoo Sports — Trae Young set for free agency after declining $48.97 million option, Wizards remain favorites
  • 4:14 AMYahoo Sports — ’Greed Is Crazy’ — NBA World Stunned As Trae Young Plans To Decline Wizards Player Option, ’Expects Multiple Teams’ Max Interest’
  • 3:06 AMYahoo Sports — Trae Young facing backlash after $49 million contract decision
What they're saying
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Trae Young is heading to free agency after reportedly declining his $48.97 million player option. While the Washington Wizards remain the favorites to re-sign the four-time All-Star, several teams are expected to pursue one of the NBA’s most dynamic playmakers in what could become one of the offseason’s biggest storylines.

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Trae Young reportedly declined his $49 million player option for the 2026-27 NBA season. He is expected to explore free agency and receive multiple max contract offers. The star guard was traded to the Washington Wizards on Jan. 9. The…

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Trae Young is set to enter this summer’s free agency pool, as the Washington Wizards star has unexpectedly decided to opt out of his hefty $48. 97 million player option for the 2026-27 season.

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