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Wembanyama Signs Five‑Year Extension With Spurs

He accepted a below‑maximum 25% salary‑cap deal to leave the club room to add teammates.

Overview

  • The San Antonio Spurs announced the multi‑year extension on Friday after Victor Wembanyama posted on X that he planned to stay with the franchise.
  • Multiple outlets report the deal is five years for $252 million with a player option in year five and will take effect starting in the 2027‑28 season.
  • Wembanyama declined an available 30% 'supermax' and instead took a 25% of cap extension, a choice that lowers his pay by roughly $51 million versus the larger offer.
  • The new contract does not start until after the 2026‑27 season, so Wembanyama will remain on his rookie salary (about $16 million) for one more year.
  • The move follows his breakout campaign — Defensive Player of the Year, Finals appearance and All‑around elite stats — and should give the Spurs more flexibility to pursue complementary players around him.