Updated
Updated · The New York Times · Jul 10
Wembanyama Signs 5-Year, $252 Million Spurs Extension as San Antonio Locks In Its Franchise Star
Updated
Updated · The New York Times · Jul 10

Wembanyama Signs 5-Year, $252 Million Spurs Extension as San Antonio Locks In Its Franchise Star

3 articles · Updated · The New York Times · Jul 10

Summary

  • $252 million over five years will keep Victor Wembanyama with San Antonio starting in 2027-28, after the final season of his rookie deal.
  • Wembanyama, 22, earned the extension by averaging 25 points, 11.5 rebounds and 3.1 blocks in 64 games, finishing third in MVP voting and making First-Team All-NBA.
  • His rise pushed the Spurs to the NBA Finals in his first playoff run, though San Antonio lost to the Knicks in five games after several fourth-quarter collapses.
  • The contract starts at 25% of the 2027-28 cap, a structure that could save the Spurs about $50 million versus a supermax and preserve roster-building flexibility.
  • San Antonio has now committed major money to Wembanyama and De'Aaron Fox, with future extensions for young core pieces likely to make the cap sheet increasingly top-heavy.

Insights

Are superstar pay cuts now the only way to build an NBA champion in the league's restrictive new financial era?
With the league investigating cap cheating, are team-friendly deals the only legitimate path left to building a modern superteam?