Victor Wembanyama agrees to five-year, $252 million contract extension with Spurs
ESPN • 2 min read • Latest: Jul 10, 2026, 11:08 PM
Last updated Jul 10, 2026
Victor Wembanyama has signed a five-year maximum rookie-scale contract extension with the San Antonio Spurs worth $252 million, as reported on July 10, 2026. The extension includes a player option for the fifth season. Wembanyama's decision comes after speculation earlier in the day about potentially signing for less to provide the team with financial flexibility. His commitment to the Spurs underlines his intent to be a cornerstone player for the franchise moving forward.
- •Wembanyama's extension is for five years and $252 million.
- •The contract includes a player option in year five.
- •Speculation arose about him accepting a lower deal for cap flexibility.
- •Wembanyama expressed his commitment to the Spurs earlier today.
- 11:55 PMESPN — Sources: Spurs' Wemby inks $252M max extension
- 11:28 PMYahoo Sports — Victor Wembanyama inks massive new Spurs deal, passes on supermax contract
- 11:28 PMYahoo Sports — Victor Wembanyama, Spurs agree to five-year, $252 million extension that could leave $50 million on table
- 11:09 PMYahoo Sports — Victor Wembanyama, San Antonio Spurs agree on 5-year extension that could top $250M, AP source says
- 10:50 PMYahoo Sports — Victor Wembanyama agrees to five-year, $252 million max rookie-scale extension with Spurs
"Victor Wembanyama has signed what will be the richest contract in San Antonio Spurs history, a five-year extension that could exceed $250 million if the player option in the final season is picked up, a person with knowledge of the negotiations said Friday. The Spurs, who went to the NBA Finals this past season behind the All-NBA center and unanimous Defensive Player of the Year, announced that Wembanyama had signed, simply saying the sides agreed on “a multi-year contract extension.” The agreement comes at a discount; Wembanyama could have agreed to a deal that topped $300 million — but chose a lesser amount to help give the Spurs flexibility going forward with their young core and in anticipation of the contracts some of those budding stars will be eligible for in coming years, the person said.
"Victor Wembanyama's new deal with the Spurs will pay him more than $50 million per year, but he passed on an even more lucrative supermax deal.
"Spurs star Victor Wembanyama has agreed to a five-year, $252 million maximum rookie-scale contract extension, sources told ESPN.
Sources
External links- ESPNJul 10, 2026, 11:55 PMSources: Spurs' Wemby inks $252M max extension
Spurs star Victor Wembanyama has agreed to a five-year, $252 million maximum rookie-scale contract extension, sources told ESPN.
- Yahoo SportsJul 10, 2026, 11:28 PMVictor Wembanyama inks massive new Spurs deal, passes on supermax contract
Victor Wembanyama's new deal with the Spurs will pay him more than $50 million per year, but he passed on an even more lucrative supermax deal.
- Yahoo SportsJul 10, 2026, 11:28 PMVictor Wembanyama, Spurs agree to five-year, $252 million extension that could leave $50 million on table
Wemby is taking the 25% of the cap max, but he very likely will be eligible for 30% max and he's not taking it.
- Yahoo SportsJul 10, 2026, 11:09 PMVictor Wembanyama, San Antonio Spurs agree on 5-year extension that could top $250M, AP source says
Victor Wembanyama has signed what will be the richest contract in San Antonio Spurs history, a five-year extension that could exceed $250 million if the player option in the final season is picked up, a person with knowledge of the negotiations said Friday. The Spurs, who went to the NBA Finals this past season behind the All-NBA center and unanimous Defensive Player of the Year, announced that Wembanyama had signed, simply saying the sides agreed on “a multi-year contract extension.” The agreement comes at a discount; Wembanyama could have agreed to a deal that topped $300 million — but chose a lesser amount to help give the Spurs flexibility going forward with their young core and in anticipation of the contracts some of those budding stars will be eligible for in coming years, the person said.
- Yahoo SportsJul 10, 2026, 10:50 PMVictor Wembanyama agrees to five-year, $252 million max rookie-scale extension with Spurs
Victor Wembanyama agrees to five-year, $252 million max rookie-scale extension with Spurs
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