Victor Wembanyama signs a multi-year extension with the San Antonio Spurs.
SAN ANTONIO — Victor Wembanyama has signed what will be the richest contract in San Antonio Spurs history, a five-year extension that could reportedly exceed $250 million if the player option in the final season is picked up.
The Spurs, who went to the NBA Finals this past season behind the All-NBA center and unanimous Kia Defensive Player of the Year, announced that Wembanyama had signed, simply saying the sides agreed on “a multi-year contract extension.”
It's official ✍️
We've signed @wemby to a multi-year contract extension! pic.twitter.com/SeSKtf7mlR
— San Antonio Spurs (@spurs) July 10, 2026
The agreement, first reported by ESPN, comes at a discount; Wembanyama could have agreed to a deal that topped $300 million — but chose a lesser amount to help give the Spurs flexibility going forward with their young core and in anticipation of the contracts some of those budding stars will be eligible for in coming years.
A special day 😁 pic.twitter.com/5rLufPWLYs
— San Antonio Spurs (@spurs) July 10, 2026
