Spurs sign Victor Wembanyama to five-year, $252M extension

Star center Victor Wembanyama has signed a long-term contract extension with the San Antonio Spurs, securing his future with the franchise just weeks after leading the team to the NBA Finals. The deal, signed on July 10, 2026, is a five-year maximum rookie-scale extension with a player option for the final season.

Multiple reports place the total value of the contract at $252 million. The Spurs announced the signing of a multiyear extension but did not disclose financial terms. On social media, Wembanyama wrote, "Spurs family, I'm here to stay. Whatever it takes."

The agreement represents a strategic financial decision by the 22-year-old superstar. He was eligible for a supermax extension that could have exceeded $300 million over five years, starting at 30 percent of the salary cap. Instead, Wembanyama accepted a deal starting at 25 percent of the cap, which will pay him approximately $43.5 million in the first year of the extension in the 2027-28 season. This choice provides the Spurs with greater salary cap flexibility to build and retain a competitive roster around him.

Wembanyama is coming off a historic third NBA season where he established himself as one of the league's...