SAN ANTONIO, TEXAS - MAY 28: Victor Wembanyama #1 of the San Antonio Spurs reacts during the first half against the Oklahoma City Thunder in Game Six of the NBA Western Conference Finals at Frost Bank Center on May 28, 2026 in San Antonio, Texas. NOTE TO USER: User expressly acknowledges and a grees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Christian Petersen/Getty Images) | Getty Images The Spurs’ number one priority this summer was always going to be to tie down their franchise player for the foreseeable future, and as expected, they’re doing just that with Victor Wembanyama. After some extra time and rumors suggesting he was taking a discount, he is signing a maximum contract extension worth $252 million (25% of the salary cap) across five years. Where the discount comes in is he’s also waiving the escalators that would allow it to turn into a super max contract worth $303 million (30% of the salary cap) if he earns All-NBA honors or wins MVP or Defensive Player of the Year in the 2026-27 season. The contract kicks in next summer and lasts through the 2031-32 season (which feels weird to type), with a player option for 2031-32. BREAKING: San Antonio Spurs' Victor Wembanyama has signed a five-year, $252 million maximum rookie-scale contract extension, with a player option in the fifth season, sources tell ESPN. pic.twitter.com/NwbTiIkurd— Shams Charania (@ShamsCharania) July 10, 2026 According to ESPN’s Shams Charania, the Spurs offered Wemby multiple scenarios and layouts, including the super max, but this discount was Wemby’s decision. The Tim Duncan-esque sacrifice allows the Spurs future flexibility, giving them better odds of keeping their young core together when it’s time for players like Stephon Castle and Dylan Harper to start looking at their extensions. Wembanyama decided on the 25% maximum instead of the 30% supermax escalators to $303M, after he and the Spurs went through multiple frameworks. A major decision for the All-NBA star and Defensive Player of the Year entering his fourth season. San Antonio worked in close partnership with Wembanyama and his representatives, offering the full super max and different variations of extensions. 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 Spurs drafted Wembanyama after winning the ultimate lottery jackpot in 2023. He was only their third ever no. 1 pick, joining Spurs legends David Robinson and Duncan. He soon joined them as their third ever Rookie of the Year (with Castle joining the club a year later) after averaging 21.4 points, 10.6 rebounds, 3.9 assists and 3.6 blocks, making first team All-Defense and appearing in what is for now a career-high 71 games. Although his second season was cut short by deep vein thrombosis, he was still named an All-Star and led the league in blocks despite only appearing in 46 games. While the Spurs appeared on the way the play-in at worst before his diagnosis, they broke through in almost the biggest way imaginable in his third season. They far exceeded expectations by winning 62 games and finishing second in the West. Wemby posted career highs in points (25), rebounds (11.5) and field goal percentage (51.2%) while making the All-Star team, winning Defensive Player of the Year, coming in third in MVP voting, making the All-NBA and All-Defense First Teams and again leading the league in blocks. But more importantly, they not only busted their six-year playoff drought, but they made it all the way to the Finals, including beating the defending champion Thunder in a dramatic seven-game series despite not having homecourt advantage in the Conference Finals, where Wemby was named MVP. Although the Spurs ultimately fell short of a championship, blowing four double-digit leads to the well-rested Knicks while looking exhausted down the stretch of games, the season could only be considered a success. For his part, Wemby posted historical numbers while on the floor in the playoffs, including a plus/minus of +196 (+8.91 per game) while tying LeBron James (2009) and Kawhi Leonard (2017) for the highest Estimated Plus-Minus of a single playoff run with +9.4. (Whether or not those staggering numbers say more about the Wemby or the performance of the Spurs’ bench is debatable, but there’s no doubt his play on the court is what lifted them so high.) Finally, he continued to show he will likely be the block king of the NBA before all is said and done. Not only did he set a single-game playoff record with 12 blocks in Game 1 of the second round against the Timberwolves (which he probably won’t try again since it sapped his energy on the other end and they ended up losing), but he surpassed Dikembe Mutombo’s record of 69 blocks in a player’s ever first playoff run, recording 78 by the end of the Finals for a whopping 3.5 per game. The crazy thing is, after all that, he’s still just 22 years old and has plenty of room to grow and improve. Beyond just staying healthy — he missed 18 games this season, mostly due to a calf strain, and only met the 65-game minimum for awards thanks to the Spurs making the In-Season Tournament Finals — there’s still some areas he could be better, such as three-point shooting (he shot a league average of just under 35% on 5.5 attempts but was inconsistent), shot selection and overall decision making with the ball in his hands. (While his turnovers have gone down each season, 2.4 is still high for a non-point guard.) The playoffs also showed he has a little more maturing to do, as he let his emotions get the better of him a few times over physical play, which led to him elbowing Naz Reid in the neck for a flagrant 2 and ejection in round 2. He only barely avoided suspension thanks to being a first-time offender. He also got a flagrant 1 in Game 4 of the Finals for elbowing Kart-Anthony Towns in the chin, and he could have been suspended had the Spurs forced a Game 6 after the refs missed a Zaza closeout on a Jalen Brunson three in Game 5. Had it been reviewed by the league and upgraded to a flagrant after the fact, it would have been his 4th flagrant point of the playoffs, which is an automatic suspension. Finally, he (rightfully) faced backlash for retreating to the locker room and not shaking hands after the Finals were over, which was not a good look and set a poor example. Regardless, every young player has their growing pains that make them stronger, and this was certainly a learning experience for Wemby and the entirety of the Spurs’ young core that will hopefully pay off down the line. Today’s mindful sacrifice for the future of his team is certainly a big step. Wemby isn’t the only current player the Spurs have business to attend to. They have until October 31 to exercise Castle’s 4th-year rookie option and Harper and Carter Bryant’s third-year options (but odds are slim they’ll take that long). Other in-house business the Spurs already took care of was re-signing Julian Champagnie and Harrison Barnes, as well as signing their first round picks (Jayden Quaintance and Tarris Reed) to standard contracts and second round picks (Ja’Kobi Gillespie and Maliq Brown) to two-ways. They also added veteran forward Tobias Harris, which leaves two roster spots left to be filled (but only one required). Welcome to San Antonio for the extended future, Wemby! (And thanks for finally getting it done! I’ve only had this written and waiting in the wings since Monday morning when the moratorium period ended, although some unexpected edits were required.) ...read more read less