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Thunder Lock Up Cason Wallace With Five‑Year, $139 Million Extension

The deal prevents Wallace from reaching restricted free agency next summer and secures him as a long‑term defensive starter for Oklahoma City.

Overview

  • Oklahoma City and Cason Wallace agreed to a five‑year, $139 million rookie‑scale extension before the Monday, Oct. 19 deadline, keeping him under contract through the 2031‑32 season.
  • Wallace enters the extension as one of the league’s top perimeter defenders after earning All‑Defensive Second Team honors and leading the NBA with 150 steals last season.
  • The contract has an average annual value near $27.8 million, officially kicks in for the 2027‑28 season, and removes the risk of rival teams signing him to offer sheets in restricted free agency.
  • The extension raises the Thunder’s long‑term payroll and pushes their luxury‑tax and apron exposure higher, cutting future roster flexibility despite offseason trades that freed limited second‑apron room.
  • By locking Wallace in as a projected full‑time starter alongside Shai Gilgeous‑Alexander, Jalen Williams and Chet Holmgren, the team preserves its core and eliminates a potential distraction entering the season.