Basketball News

Victor Wembanyama signs contract with Spurs

Like every year, the NBA franchises wait until the day before the start of the summer leagues to sign their rookies, and after Sidy Cissoko, it’s Victor Wembanyama’s turn to sign his contract with Spurs. Number 1 in the 2023 Draft, the Frenchman will be the highest paid rookie next season. Although the Spurs have not released the numbers for his contract, it is expected to be $55.1 million over four years. It is a rookie contract, framed, with a precise grid (” rookie scale“), and Wembanyama will receive 120% of the expected salary for a rookie selected in 1st position.

According to the new salary cap, “Wemby” will receive $12.1 million in 2023/24, then $12.8 million in 2024/25. Then, the Spurs will have the possibility of activating “team options” to extend it for a 3rd, then a 4th year with salaries estimated at 13.4 million dollars, and finally 16.9 million dollars.

It is at the end of the third season that the Spurs will be able to extend it, and offer him his first real contract. This will allow them to prevent Wembanyama from being a free agent. It will be in 2026, and we are not there yet…

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