Hypothesis started to develop on Friday that San Antonio Spurs celebrity Victor Wembanyama may be prepared to take a reduced contract to assist in giving the group additional monetary flexibility to construct a winner round him.
That’s what he ended up doing, even when it nonetheless leads to him getting a $252 million extension over 5 years.
Victor Wembanyama’s contract extension nonetheless helps Spurs even when it’s a rookie max deal
In line with ESPN’s Shams Charania on Friday, Wembanyama’s deal is a maximum rookie-scale contract extension that features a participant possibility within the fifth 12 months.
Whereas it may be exhausting to wrestle with the thought of a $252 million max contract being some kind of a favor to the Spurs, it sort of is.
Doubtlessly a major one.
In line with Charania’s report, Wembanyama may have taken the 30% supermax escalators in his contract, probably pushing its complete worth to $303 million. He as a substitute opted to take the 25% most.
It’s the third-largest rookie extension in NBA historical past, trailing the matching $269 million contracts signed by Cade Cunningham with the Detroit Pistons and Evan Mobley with the Cleveland Cavaliers.
The contract additionally helps the Spurs keep away from the posh tax over the following two seasons, and so they may nonetheless delay the tax clock by buying and selling De’Aaron Fox earlier than then.
