San Antonio Spurs star Victor Wembanyama has agreed to a five-year, $252 million maximum rookie-scale contract extension, according to sources who spoke with ESPN’s Shams Charania on Friday.
The extension includes a player option in the fifth season, sources said. Wembanyama opted for the 25% maximum instead of the 30% supermax escalators to $303 million after several contract frameworks were discussed between him and the Spurs, sources said.
By choosing the 25% structure, the deal could potentially save the Spurs nearly $50 million over five years.
"Spurs family, I'm here to stay," Wembanyama wrote on social media Friday. "Whatever it takes."
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Without the supermax escalators, the new deal ranks as the third-largest rookie extension in NBA history, trailing the Pistons’ Cade Cunningham and the Cavaliers’ Evan Mobley, both of whom signed five-year extensions worth $269 million.
Spurs chairman Peter J. Holt, CEO R.C. Buford, general manager Brian Wright and coach Mitch Johnson traveled to Paris on Friday to meet with Wembanyama, his family and representatives.
Sources said San Antonio worked closely with Wembanyama and his team, presenting the full supermax and multiple extension options. Wembanyama ultimately decided on what sources described as a contract sacrifice designed to increase the team’s ability to sustain a title-contending roster.
The 22-year-old became eligible for his extension negotiations the day after the Spurs were eliminated by the New York Knicks in five games in the NBA Finals.
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Wembanyama began his offseason in France, attending the Louis Vuitton SS27 men’s show the same night as the NBA draft.
Following the Spurs’ Game 5 loss in the Finals, Wembanyama reflected on the season by saying, "This has been a hell of a year in terms of experience. I don't think we could have learned more and gained more experience in one playoff run and in one season, and personally in 18 months. It's been hard and full of lessons."
During the 2025-26 campaign, Wembanyama earned NBA Defensive Player of the Year and led the league in blocks. He was also named to the All-NBA first team, marking his second All-Star appearance and first as a starter.
He became the sixth player in Spurs franchise history to be an All-Star starter, joining George Gervin, Alvin Robertson, David Robinson, Tim Duncan and Kawhi Leonard.
In the same season, Wembanyama appeared in 64 games and posted career highs of 25.0 points and 11.5 rebounds per game, along with 3.1 assists.
He led the league with an average of 3.08 blocks and added 1.03 steals per game, becoming the seventh player in league history to average at least 25 points, 10 rebounds and three blocks in a season.
Wembanyama recorded 42 games with 10 or more rebounds, 42 double-doubles and one triple-double. He also set the fastest double-double in NBA history on March 30, reaching 10 points and 10 rebounds in 8 minutes and 31 seconds against the Chicago Bulls.
The Spurs’ starting lineup of Wembanyama, De’Aaron Fox, Stephon Castle, Devin Vassell and Julian Champagnie achieved a 21-3 record in the regular season. That group finished as the NBA’s second-best lineup behind Oklahoma City, with a plus-18.5 points per 100 possessions differential.
The same starting unit is set to return for the 2026-27 season.
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