Sources: Spurs, Victor Wembanyama reach $252 million max extension

SAN ANTONIO — San Antonio Spurs star Victor Wembanyama has agreed to a five-year, $252 million maximum rookie-scale contract extension, sources told ESPN’s Shams Charania on Friday.

The deal includes a player option in the fifth season, sources said. Wembanyama decided on the 25% maximum instead of the 30% supermax escalators to $303 million after he and the Spurs went through multiple frameworks, sources said. The deal could potentially save the Spurs roughly $50 million over the next five years.

“Spurs family, I’m here to stay,” Wembanyama posted on social media Friday. “Whatever it takes.”

Spurs family, I’m here to stay.
Whatever it takes🖤

— Wemby (@wemby) July 10, 2026

With no escalators in his new contract, Wembanyama’s deal is the third-largest rookie extension in NBA history, behind the Pistons‘ Cade Cunningham and the Cavaliers‘ Evan Mobley, who each have 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 and spend time with Wembanyama, who is from France, and his family and representatives.

San Antonio worked in close partnership with Wembanyama and his representatives, offering the full super max and different variations of extensions, according to sources. But Wembanyama ultimately chose a contract sacrifice rooted in giving him and the organization increased ability to build a sustained title contender around him.

The 22-year-old became eligible to negotiate his extension the day after the Spurs were eliminated by the New York Knicks in five games in the NBA Finals. Wembanyama started off his offseason with a trip to France, where he attended the Louis Vuitton SS27 men’s show the night of the NBA draft.

“This has been a hell of a year in terms of experience,” Wembanyama said after San Antonio’s Game 5 loss in the NBA Finals. “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.”

The 2025-26 NBA Defensive Player of the Year and leader in blocks, Wembanyama earned recognition as an All-NBA first-teamer during a campaign in which he also made his second All-Star team and first as a starter. He became just the sixth player in Spurs franchise history to be named an All-Star starter, joining George Gervin, Alvin Robertson, David Robinson, Tim Duncan and Kawhi Leonard.

Last season, Wembanyama played in 64 games and averaged career highs in points (25.0) and rebounds (11.5), with 3.1 assists.

Wembanyama tallied a league-high 3.08 blocks per game and 1.03 steals en route to becoming the seventh player in league history to average at least 25 points, 10 rebounds and three blocks in a season.

Wembanyama posted 42 games with 10 rebounds or more, 42 double-doubles and one triple-double, including the fastest double-double in NBA history on March 30, when he racked up 10 points and 10 rebounds in 8:31 against the Chicago Bulls.

Meanwhile, the starting group of Wembanyama, De’Aaron Fox, Stephon Castle, Devin Vassell and Julian Champagnie, posted a 21-3 record during the regular season, finishing as the second-best lineup in the NBA behind Oklahoma City. The starting unit, which returns in 2026-27, finished last season at plus-18.5 points per 100 possessions.