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Victor Wembanyama signs rookie extension with Spurs for $251 million

Yahoo Sports • 1 min read • Latest: Jun 3, 2026, 12:40 PM

Last updated Jun 3, 2026

Victor Wembanyama signs rookie extension with Spurs for $251 million

Summary

Victor Wembanyama, the San Antonio Spurs' star and No. 1 pick in the 2023 NBA Draft, is set to sign a maximum rookie extension contract worth $251 million. This deal comes after he completed three years of his rookie contract and played a crucial role in leading the Spurs to the NBA Finals. The extension allows the Spurs to retain Wembanyama for at least five more years, with potential to increase the contract to $301 million through specific performance criteria. The Spurs are currently preparing for their NBA Finals matchup against the New York Knicks scheduled for June 3.

Source Links

Yahoo Sports

By the Numbers

•Wembanyama led the Spurs to the NBA Finals.
•The Spurs defeated the Oklahoma City Thunder in the Western Conference Finals.
•Wembanyama was named Western Conference Finals MVP.
•The maximum extension could increase based on performance criteria.
•The Spurs face the New York Knicks on June 3.

Latest Updates

12:40 PMYahoo Sports — Victor Wembanyama To Sign Maximum Rookie Extension Contract Worth a Massive $251 Million

What they're saying

"
San Antonio Spurs star Victor Wembanyama was the No. 1 pick in the 2023 NBA Draft. Since then, he has proven himself to be a generational talent in the NBA, especially with his performance leading the Spurs to the NBA Finals. After completing three years of his standard four-year rookie contract, he has now been [...]
— Yahoo Sports

Related Teams & Leagues

New York Knicks Oklahoma City Thunder San Antonio Spurs NBA Basketball