Victor Wembanyama, the French superstar of the San Antonio Spurs, has signed a long-term contract extension with the Texas franchise — a five-year deal that ties him to the Spurs through 2032 and could exceed $250 million in total value.
The announcement came Friday, July 10, 2026, with the club confirming that the 22-year-old center — the No. 1 overall pick in the 2023 NBA Draft, 2024 Rookie of the Year, and 2025 Defensive Player of the Year — had put pen to paper on a "multi-year contract extension." According to a person with knowledge of the negotiations who spoke to The Associated Press on condition of anonymity, the deal starts at 25% of the salary cap in its first season (2027-28), with an initial salary of approximately $43.5 million, and includes a player option for the final year (2031-32) worth roughly $57.5 million.
Wembanyama could have earned up to $303 million total had he triggered the so-called "Rose Rule escalators" — provisions that allow a player to jump from 25% to 30% of the cap upon earning specific individual honors (MVP, Defensive Player of the Year, All-NBA selection). Instead, he chose to forgo those escalators, following the precedent set by Jalen Brunson with the New York Knicks, to give the Spurs greater salary-cap flexibility in building their roster around their young core.
