Victor Wembanyama signs five-year extension with Spurs for $252 million

CBS NBA1 min read • Latest: Jul 11, 2026, 1:44 AM

Last updated Jul 11, 2026

Victor Wembanyama signs five-year extension with Spurs for $252 million
Summary

Victor Wembanyama, the San Antonio Spurs star, has signed a five-year contract extension worth $252 million. This deal reportedly leaves some money on the table, as Wembanyama could have potentially earned up to around $303 million. His decision comes off the back of a successful third season, ending in the NBA Finals against the New York Knicks. Unlike fellow player Jalen Brunson, who took a substantial discount for team-building, Wembanyama's choice represents a different financial strategy. He has opted for a guaranteed 25% max contract without escalators, foregoing the potential for a higher percentage in future earnings if he meets performance incentives this season.

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Key Details
  • Wembanyama signs a $252 million extension with the Spurs.
  • He could have earned up to $303 million under different terms.
  • His decision contrasts Jalen Brunson's previous contract approach.
  • Wembanyama opted for a guaranteed 25% max without escalators.
  • The Spurs face decisions on their roster and financial strategy moving forward.
Latest Updates
  • 1:44 AMCBS NBAVictor Wembanyama's contract, explained: How big of a discount is he taking? What does it mean for the Spurs?
What they're saying
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Wembanyama agreed to a $252 million extension, but left some money on the table

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